By K Raveendran The decision by the Union government to tie local gas prices to international prices comes at a time when global prices are on a downward trend and this is great news for consumers who have hitherto been at the receiving end of higher prices as well as their administration. Under the new […]
The post New Pricing Mechanism, Market Downtrend Bring Big Relief To Gas Consumers first appeared on IPA Newspack.
By K Raveendran A reported impasse in the use of rupee for trade between India and Russia is seen more as posturing rather than a failure of the arrangement as both sides cannot manage without each other in the context of the prevailing global political situation. There have been reports that India and Russia have […]
The post Trouble In India, Russia Talks On Rupee Trade Mostly The Result Of Posturing first appeared on IPA Newspack.
By Subrata Majumder A new landscape in currency dominance in global market is taking shape, with US dollar losing pre-eminence and Chinese yuan gaining steam. According to a IMF survey, dollar share in central bank foreign exchange reserves declined from 71 percent in 1999 to 59 percent in 2021. This resulted in steady decline in […]
The post Ukraine War And US, EU Sanctions Leading To Loss Of US Dollar’s Global Dominance first appeared on IPA Newspack.
By K Raveendran India’s integration into the global value chains and favourable container pricing trends are making the country an ideal choice as an attractive ‘China plus one’ alternative. The improvement in container availability, coupled with falling rates, is offering a great opportunity for container trading and leasing in the Indian sub-continent as the world […]
The post India Emerges As Key Player In ‘China Plus One’ Strategy Of Global Container Trade first appeared on IPA Newspack.
By Satyaki Chakraborty Greece is going for national election on May 21 this year as the Prime Minister of the Centre Right New Democracy Party Kyriakos Mitsotakis met the President and proposed the dissolution of the Parliament. The President accepted and fixed May 21 as the date for elections. Next month’s legislative elections will be […]
The post Greece National Elections On May 21 To Witness Stiff Contest Between Right And Left first appeared on IPA Newspack.
By Satyaki Chakraborty The United States of America is steadily losing its diplomatic battle in the Middle East against China as more and more warring nations in the region are looking to China for acting as the facilitator for establishing peace in the region. After the big success of brokering a peace deal between Iran […]
The post China Emerging As The Prime Mediator In Easing Tensions In Middle East first appeared on IPA Newspack.
By Dr. Nilanjan Banik Recently, numerous articles have been written on the demise of the dollar. The argument is that China, the second largest economy after the US, is increasingly convincing the world’s largest suppliers of energy, including Russia, Saudi Arabia, Iran, and Venezuela to trade in Chinese Yuan. This, according to the commentators, will […]
The post Who Will Be The Ultimate Winner In Currency War? Dollar Or The Yuan? first appeared on IPA Newspack.
HONG KONG SAR – Media OutReach – 19 April 2023 – King Abdullah University of Science and Technology (KAUST) has successfully launched a Cubesat satellite with its partner Spire Global on the SpaceX Transporter-7 mission from Vandenberg Space Force Base in the United States. The satellite aims to collect high-quality and high-resolution data across global terrestrial, coastal and ocean ecosystems to help Saudi Arabia observe and characterize […]
By James M Dorsey Think that the modern nation-state originated with the emergence of the 17th-century beginnings of the era of science and reason? Think again. In a recently published book, political scientist Anna Gryzmala-Busse traces the origins of the modern state to medieval Europe when religion and the church played a powerful role rather […]
The post Nation-State Inspired By Religion, But Politics Making A Difference first appeared on IPA Newspack.
By Ben Chacko This spring has been a triumphant one for Chinese diplomacy, from the breakthrough in Iran-Saudi relations to Friday’s high-profile summit with Brazilian President Lula. Lula’s remarks on moving away from trade in US dollars show Chinese President Xi Jinping’s description of China and Brazil as “comprehensive strategic partners” has real content. Britain’s […]
The post China Outsmarts USA In Hardcore Diplomacy In The Last Two Months first appeared on IPA Newspack.
By Prabhat Patnaik Except in war-time, capitalism invariably seeks to control inflation by creating a recession; and this is so even when the inflation has been caused by an autonomous increase in capitalists’ profit-margins which are downward inflexible and hence would not be reduced by a recession. This strategy is pursued because a recession invariably […]
The post Oil Output Cut By OPEC+ Countries Is A Testimony To Decline In Us Hegemony first appeared on IPA Newspack.
