The European Union’s (EUs) economy is only about 1 percent bigger than it was a year ago. And inflation, at 2.3 percent in November, is close to the European Central Bank’s target of 2 percent. The prices of services across various member countries among EU have been rising by around 4 percent a year and there is sustained pressure from growing wages – the Netherlands, which has the most up-to-date figures, estimates these as rising at 6.5 percent.
Tag: United States
Time for Europe: Forging a New Path Ahead
The US Elections are over and the victory is resoundingly for Donald Trump. Europe leaders are nervous about what it would mean for Europe, NATO and the war in Ukraine. European Union, the largest regional bloc, still doesn’t speak in one voice. French President Emmanuel Macron has been leading the charge in forging an independent Europe. Since the end of World War 2, Europe has been tangled with the US in all the ways possible which has created an atmosphere of dependence on the US.
Trump’s 2.0: Testing Period for Saudi-Iran Rapprochement
The shifting geopolitical landscape in West Asia has become particularly evident after the Saudi Arabia-Iran rapprochement. Despite the prevailing instability in the region exacerbated by the Gaza crisis, the détente between these arch-rivals has opened diplomatic channels to bolster cooperation. Amid rising pragmatism in the Gulf, Donald Trump’s victory in the presidential elections has brought United States policy in the region into the spotlight.
Asia’s Cauldron: The South China Sea and the End of a Stable Pacific
Historically it is the competition for land that provokes tensions between the states, over time the world has seen this shift towards the blue territories as Kaplan calls it. Two explanations for the same could be economic mercantile trade and the dynamic shift of attention from Eurasia to East Asia which is largely maritime. Kaplan says that seas can act as a seed or a dodger in creating tensions and even invasions. However, the likelihood is quite tilted towards aggression.
Israel-Hamas War: A Year of Bloodshed and Stalemate
The Israeli-Palestinian conflict has a long history and is a complicated topic. Hundreds of thousands of Palestinians were displaced when the State of Israel was established in 1948. Since then, the region has been defined by decades of violence, including revolutions and wars. The Palestinian Islamist group Hamas first appeared in the 1980s and took over the Gaza Strip in 2007. The organisation has played a significant role in the war, frequently confronting Israel with weapons.
How can China Respond to Trump’s New China Policy?
During his campaign, President-elect Donald Trump promised to impose 60% tariffs on Chinese goods and services coming to the United States. This time, Beijing seems already strategising to retaliate against the upcoming tariffs from the second Trump administration. Trump’s proposed tariffs on Chinese imports could disrupt China’s export-driven economic model, which has driven the country’s growth over the past few decades.
What Trump’s Return to the White House Means for America, the World and India
As the world braces for another chapter in the American experiment, the return of Donald Trump to the White House promises not just a change in leadership, but a seismic shift in the global order—one that will be felt in corridors of power, war-zones, and beyond.
Emergence of Tehrik-e-Taliban Pakistan and Beyond
There was a time in the year 1979, when the Soviets invaded Afghanistan, at that moment both Pakistan and the US considered Afghanistan as a region to safeguard their interest. When Afghanistan was having wars with Pakistan it didn’t bother Pakistan much as it was aware of US funding to Pakistan but today the scenario has changed, post US withdrawal from the region Pakistan is left to deal with terror outfits in Afghanistan all alone. Pakistan has a long-shared bond with TTP as TTP is Pakistani militants from Pakistan, TTP experienced a strong comeback in 2020 after the Afghan peace deal with the US. Afghan Taliban and TTP share deep ideological roots.
The Group of Seven is the new Saviour of Africa
Group of Seven (G7) is an informal grouping of advanced democracies (Canada, France, Germany, Italy, Japan, United Kingdom and the United States) that meets annually to coordinate global economic policy and address other transnational issues. The G7 plays a significant role in global governance, as its member countries are among the world’s largest economies and have a substantial impact on international relations. The G7’s engagement in Africa is crucial for sustainable development, as the continent faces numerous challenges, including poverty, climate change, and security threats.
Xi’s European Tour: Global Power Shifts and India’s Challenge
In these changing times, where every nation is trying to recalibrate its position according to its interests and the shifting power balances President Xi Jinping’s visit to France, Hungary, and Serbia has garnered observers of international politics their inquisitive seats of analysis. This comes when multiple conflictual clashes are building around the globe. The more than two-year war in Ukraine, the result of which seems to be elusive to the site, the Israeli siege of Gaza and its spillover effects in the region and the covert build-up of tensions between Israel and Iran distorting the current power status quo.