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By Nantoo Banerjee The government and the Reserve Bank may disagree, but the way the country’s trade deficits and external debt are rising it may be a matter of time before India goes for another IMF-World Bank bail out. The current indicators on the two counts are hardly comfortable. Take the debt position first. The […]

The post India’s Growing Trade Deficit And Debt Burden Are A Matter Of Concern first appeared on IPA Newspack.

By P. Sudhir The Quad, consisting of four countries, the United States, Japan, Australia and India is gradually taking the shape of a security alliance which was the intent of the original name of the grouping – the Quadrilateral Security Dialogue. The security angle was highlighted by the recent meeting of the military chiefs of […]

The post Quad Is A US Led Security Alliance Aimed To Counter China In Asia-Pacific first appeared on IPA Newspack.

By James M Dorsey With Saudi-hosted talks to end Sudan fighting producing minimal results and Arab states supporting rival forces, de-escalation in the Middle East faces a major test. So does Gulf states’ ability to employ dollar diplomacy to persuade poorer Arab brethren to align with the policies of countries like Saudi Arabia and the […]

The post Sudan Tests The Limits Of Middle Eastern De-Escalation, Dollar Diplomacy 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 James M Dorsey America is in decline. Eclipsed by China’s rise, it is shifting attention from the Middle East to the Indo-Pacific. That is one refrain in the analysis of three seemingly paradigm-challenging developments in the past month: a Chinese-mediated restoration of diplomatic relations between Saudi Arabia and Iran, the kingdom’s association with the […]

The post The Fallacy Of US Policy To Effect A Withdrawal From Middle East first appeared on IPA Newspack.

By Anjan Roy The world has suddenly been pushed into a deeper crisis by a sudden decision of Saudi Arabia to cut oil production. Following the Saudi decision, the OPEC-plus members have also announced commensurate reduction in their oil production. Russia, Kuwait, UAE, Iraq, Algeria and Oman have also declared production cuts. The cuts will […]

The post Oil Producers Send The Global Economy In A Tizzy With Sudden Production Cut first appeared on IPA Newspack.

DUBAI: The Mohammed Bin Rashid Library has launched the “A World Reads” initiative, in conjunction with UAE Reading Month, to support and enrich libraries, reported Emirates News Agency on Friday.
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RIYADH: The UAE’s gross domestic product is expected to grow at 4.3 percent in 2024, driven by oil and non-oil exports, according to the latest forecast by the country’s central bank. In its 4th

DUBAI: The UAE team emerged as winners at the Jiu-Jitsu Championship at the 10th Nad Al Sheba Sports Tournament 2023, the Emirates News Agency reported on Saturday. The Emirati team amassed 827

By James M Dorsey A push by Arab allies of the United States to bring Syria in from the cold highlights the limits of a Chinese-mediated rapprochement between the Middle East’s archrivals, Saudi Arabia and Iran. The effort spearheaded by the United Arab Emirates, and supported by Saudi Arabia, Egypt, and Jordan, demonstrates that the […]

The post Arab Plan For Syria Puts Europe And America In A Bind first appeared on IPA Newspack.

By James M Dorsey Chinese mediation between Saudi Arabia and Iran potentially signals paradigm shifts in Middle Eastern diplomacy and alliances. The mediation suggests a more productive approach than that of the United States by seeking to manage rather than resolve conflicts based on principles enunciated by China in 2021. The successful mediation between the […]

The post Saudi, Iran Détente Sparks Potential Paradigm Shifts In Middle East Politics first appeared on IPA Newspack.

By James M Dorsey In a surprise development, Saudi Arabia and Iran, together with China, announced that the two Middle Eastern nations were re-establishing diplomatic relations. The agreement was reached in a meeting in China of the two countries’ national security advisors. The agreement was a rare example of successful Chinese mediation in Middle Eastern […]

The post Saudis Walk US, Israeli, Iran Tightrope On Resumption Of Diplomatic Ties first appeared on IPA Newspack.

DUBAI: UAE-based conceptual artist Moey talks about his interactive installation that was recently on show at Sikka Art and Design Platform in Dubai. Moey is a UAE-based conceptual artist. (Supplied)

DUBAI: An epic victory for Al-Jazira reignited their ADNOC Pro League title hopes at the expense of underwhelming Sharjah amid winning returns for the rest of the chasing pack in matchweek 19.

RIYADH: Gulf countries will see double the global level of economic growth this year – with Saudi Arabia and the UAE leading the way, according to Issam Abu Suleiman, regional director for the Gulf

ABU DHABI: For the first time in the UAE, a mosque, church and synagogue are standing side-by-side in an elevated complex called the Abrahamic Family House. Located in Abu Dhabi’s Saadiyat Cultural

Following this month’s devastating earthquake, the UAE was the first Arab country to send its foreign minister to Damascus to express support to Bashar Assad. This move was a follow-up to the UAE

RIYADH: Abu Dhabi’s ADNOC Drilling reported a rise of 33 percent in 2022 net profit, largely driven by new rigs entering its operational fleet. The company’s net profit for 2022 was $802 million, up

By James M Dorsey Prime Minister Binyamin Netanyahu has put Israel’s closest allies and some of his key partners on the spot. So has a generation of Palestinian youth that has nothing to lose and no longer sees fruitless engagement with and acquiescence of the Jewish state as a means of realizing their national and […]

The post Israelis And Palestinians Do What They Do Best, But For Wrong Reasons first appeared on IPA Newspack.

By P. Sudhir A small US investor firm has challenged the Indian behemoth, the Adani group, and shaken it to its foundations.  The Hindenburg Research, a short selling firm, brought out a 129-page report on the Adani group marshalling evidence of all the funding operations and offshore activities of the 578 subsidiaries and shell companies […]

The post Investigation Into The Entire Business Activities Of Adani Group Is Imperative first appeared on IPA Newspack.

By K Raveendran ‘Insha Allah’ is a term used extensively by Arabs and Muslims across the world to mean ‘god willing’. But according to Arabic linguists, Insha Allah means ‘only if god willing’. There is a subtle difference between the two usages, the former denoting a lot more optimism than what may be warranted. This […]

The post God Can’t Save Pakistan From Its Present Predicament, Only IMF Can first appeared on IPA Newspack.

By Saifur Rahman  The total value of land and property sale and mortgage jumped 76.5 percent to US$143.86 billion (Dh528 billion) in 2022, from US$81.74 billion (Dh300 billion), in 2021, according to the Dubai Land Department, the emirate’s land and property registry. This is the first time the land and property transactions value crossed the Dh500 billion record and marks a new milestone in the history of […]

RIYADH: The global cost-of-living crisis poses the largest threat to businesses in the UAE in the coming two years, according to the World Economic Forum’s Global Risks Report 2023. Sustained high

RIYADH: Bilateral trade between the UAE and Israel more than doubled in 2022 after the countries signed a free trade agreement in May to reduce tariffs on the majority of goods. “Trade in goods
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