The Indian budget every year has always been an eagerly awaited event. For many decades, the best minds in economics, finance, tax, business and industry throng the media house to analyze the provisions shared by the Financial Minister.
Sometimes major events completely disconnected may be data points for the plans of the different powers around the world. The challenge is to discern what purpose they serve? More critically, what are we moving towards?
When the US Ambassador threatened India's "Strategic Autonomy" policy over India's friendship with Russia - much more than meets the eye was at stake. Let us unpack how the Ukraine war has fundamentally changed the US and the world. And why are we here anyway?
In the last post we had discussed how Pakistan’s economy is headed for the doom. The reasons are many and the options limited. Here is one video from the Wall Street Journal which explains Pakistan’s dilemma from the perspective of how it is again becoming a proxy for the battle between two super-powers. Reminiscent of the 1980s.
The interesting thing is that if Pakistan goes with China, then it loses the biggest loan option – i.e.; the IMF. And if it goes with IMF, it is most likely that it will have to scale back the China factor – specifically the CPEC (Chinese Pakistan Economic Corridor). The choice is hardly there for Pakistan. In both the cases, their country is on the block for the highest or the strongest bidder.
When the US Ambassador threatened India's "Strategic Autonomy" policy over India's friendship with Russia - much more than meets the eye was at stake. Let us unpack how the Ukraine war has fundamentally changed the US and the world. And why are we here anyway?
Rare Earth Elements (REE) will change and rule the world as oil did in the last century. China dominates that industry like no other. And it uses that monopoly to beat down on its adversaries.
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