At the conclusion of the one week trip to Europe by President Biden the Europeans appear to believe in the necessity of a push back against the authoritarian China of Xi-Jinping despite their mutual economic interests with Beijing and their fear of an eventual Trumpian renaissance in the US. Contrary to Trump, it is relatively…
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Financial Centres in parallel peril
[ ... ]There is a curious parallel between Hong Kong and London as financial centres potentially declining due to their recent loss of a unique position. Historically both were crucial nods in the global network of the British Empire. More recently both functioned at a critical junction between the booming Chinese Economy, and the EU respectively on…
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India in geopolitics and at home: two worlds
[ ... ]The picture of India’s geostrategic position is moving, these days. Over recent months, China’s geopolitical behaviour and accompanying diplomatic rhetoric have become more assertive. But in the logic of cause and effect, international resistance against China is growing, too. US-President Biden has recently called for a digital summit of the rejuvenated Quadrilateral Security Dialogue, Quad,…
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Russia vs the EU
[ ... ]Putin’s Russia ignores the European attempt by Foreign Minister Borrell to have a managed relationship and sends three EU-diplomats packing for doing their job. This will have wider repercussions, in Europe and beyond. EU Foreign Minister Josep Borrell visited Moscow to lodge a strong protest against the treatment of Alexei Navalny and his supporters in…
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Biden/Harris as PM Modi’s “dream team”?
[ ... ]The US will have a Vice President of Indian descent. Kamala Harris, Biden’s Vice-President elect, born in the USA, is the daughter of an Indian lady from Chennai, South East India, who had immigrated to California for higher studies. Kamala Harris’ father was Jamaican, who had immigrated to the USA, also for higher studies. A…
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China wins, India loses in a changing Middle East
[ ... ]The Middle East and Persian Gulf region has, over recent years and months, experienced events and developments that have changed the pattern of alliances and strategic interests to a large extent. Let’s remember that, for a historical moment, an effective alliance against the so-called “Islamic State” (“ISIS”), composed among others of American, Turkish, Iranian, Kurdish,…
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Huawei may be the canary in the coalmine
[ ... ]In the pre Covid-19 world, international value chains became ever more globalized in a relentless effort to drive prices down. Not any longer and not just because of the pandemic. Commercial calculations will have to increasingly price in risk, including political risk. It is not a coincidence that Britain’s turn-around on using Huawei for its…