New Delhi, Sep 27 (IANS) It is difficult to discern whether Pakistan is angry more with its biggest aid-giver America or arch rival India. It is also confusing while trying to comprehend its sense of loss and being ignored by the superpower, whether to target Joe Biden or India's Narendra Modi.
The past week saw the US's hard push to contain China in its own backyard, by the formation of a new defence agreement known as AUKUS, with no precedent in diplomatic world, as the regional might of the new alliance is already covered by an old alliance named Quad.
In the week gone by, markets were volatile and had huge intraday movement as well. They did close at new lifetime highs on intraday and closing basis. However, there were plenty of ups and downs which accompanied this rise as well.
Like Economics, Sociology too cannot be a durable truth. It requires constant attention, closer scrutiny and revision. Such a notion or rather the conviction is reflected in the case of crimes against women. Which of the two worlds, a pro-feminist or matrilineal one or male-chauvinistic one suits women better?
Robert Blackwill, US ambassador at the time of anti-terror fireworks over Afghanistan, had established a tradition of seating guests at lunch around a circular table, where he grandly held forth, initiating a discussion. "Imagine I am Henry Kissinger" would be one of his opening gambits. An idea was tossed up. A discussion followed. The one who spoke the most, ate the least, because all plates were removed in one swoop.
Turkish President Recep Tayyip Erdogans hypocrisy in proclaiming himself as the "defender" of the Palestinian cause, while maintaining military, diplomatic and economic alliance with Israel, is legendary. He does it unabashedly. He plays the similar charade when he projects himself as the messiah of Muslims all across the world.
The conflict between China and Tibet is still an ongoing issue that hasnt been able to come to a fair and justified conclusion. The illegal occupation of Tibet by China has led the long struggle which sums up to more than six decades of struggle seen mainly from Tibets side whereas there have always been clashes between the two countries if traced back in their respective histories.
The world is changing at a frightening speed. It did not change for 18 centuries after 1 AD, with India and China owning half the world's GDP almost throughout this period, till 1760. The first and second industrial revolutions changed everything in two centuries thereafter with China and India's share going down from 50 to 5 per cent, and the West gaining where these technologies were discovered. The 1950s started the third industrial revolution, followed by fourth industrial revolution, both communication and digital revolutions in a globalized world connected on wire or wireless, where it was difficult saving technologies only in the countries where they were discovered. Further and strangely, The US and other advanced countries chose to help China and the other countries. The US also got convinced that it was advantageous to help China grow fast, to counter Russia, their cold war rival. The growth pattern moved towards the East, particularly China with US's active and sometimes unethical help. China grew to The US' size in GDP in record time. And seven US Presidents did not understand this.
This is the second piece of a two-column combo-pack, over 48 hours, before the Biden-Modi summit in Washington DC, in the morning of September 24.
When US President Joe Biden and Indian Prime Minister Narendra Modi sit down for their first-ever personal meeting, and bilateral, at the White House on Friday, the meeting will be historic in true meaning of the word "historic". This is Year Zero of the Post-Covid Era, and a new world order is in throes of taking birth.
Do not be surprised if another veteran Congressman, Lal Thanhawla from Mizoram , also steps aside like Capt Amarinder Singh in Punjab. The Congress high command is already making moves to replace the 83-year-old Congress veteran, who also holds the distinction of being Congress chief of his state since 1973.
The Olympics has always been the worlds major sporting event and history is witness that there have been many eye-openers incidents for nations to ponder on; Tokyo Olympics is not much different. For ages, China has been a closed society and nothing much was known about the internal issues and dynamics of the society. Things are changing with the advent of technology and issues related to Chinese society are coming to the front. Chinese decline in population and the insecurity associated with it is one of the issues that have raised the alarm bells in Beijing.
Who could be the 2-3 personalities from among the 200 or so heads of governments, who could rise and shine, and give hope to humanity, freedom and peace, this week at New York?
The RBI Governor in his August policy address noted "The robust outlook for agriculture and rural demand would continue to support private consumption". Rural India has been cited as the economy's silver lining since the onset of the pandemic, often due to agriculture, its robust output and exemption from policy restrictions. Government direct support schemes like MGNREGA and PM-KISAN are also targeted towards agri. In our note last year on the rural economy (link), we had detailed its structure, high share of non-agri households, dependence on wage income even by agri households and the need to avoid equating agriculture with rural.
The withdrawal of the US forces from Afghanistan before the deadline has dealt a severe blow to the special relationship between the US and UK and also the EU member states. They insist that the withdrawal before time was a hasty decision and their view was not taken on-board. They also base their criticism of US President Joe Bidens decision on the inputs by both the British and other countries intelligence that such an action might end up in chaos, and the subsequent events leading to the rout by the Taliban forces in Afghanistan, proved their point.
It is going to be a crucial week for Nagaland. A former top level Intelligence Bureau sleuth, A.K. Mishra, has landed in Dimapur. He has not been named as peace interlocutor for Naga talks officially but for all practical purposes, he is the one. At least, he would be the go-between kind of person.
Markets continued their rise and did so in style, gaining sharply on two of the five trading days and losing on two days with one being sideways. All good things must come to an end, even if it is temporary. The same happened on Friday and was a wake-up alarm for investors as well.
What could possibly be common between the Taliban brandishing their weapons in Kabul and Palestinians twirling their spoons (yes, teaspoons) with a flourish? Well, the latter were celebrating because six Palestinian prisoners had pulled off a seemingly impossible escape from the high security Gilboa prison in Northern Israel. Clearly an embarrassment for a state which flaunts national security as a marketable commodity. The spoon has become an emblem because the six used it as an implement to dig a hole in the toilet attached to their cell.
US President Joe Biden will be hosting the QUAD countries' heads of governments summit this coming week, in Washington D.C. â comprising of the US, Japan, Australia, and India. By end of the week, there could be announcements of military deals with Japan, Australia, and India, that may total up to $100 billion in American defence exports.
Going by the hysteria of the Chinese establishment at the sight of Tibetan spiritual leader, the Dalai Lamas photos, the efforts of President Xi Jinping to occupy Tibetan religion from within appear to be another replay of Don Quixote.
Thirty-one years after the exodus of Kashmiri Pandits from Kashmir, the Nehru-Gandhi family has for the first time unambiguously spoken up for the community. In a Facebook post on Tuesday, Rahul Gandhi wrote in Hindi saying that the nation cannot forget the pain that the families had undergone.
While the world it seems has been too occupied with the developments in Afghanistan, another tragedy in the making is currently on in Lebanon -- a country facing one crisis after another.
"... those once bitten by a snake fear even a twisted rope," William Dalrymple, Return of a King: The Battle for Afghanistan 1839-42.
Markets last week were a four-day week and gained on the opening day, but remained sideways on the remaining three days. BSESENSEX gained 175.12 points or 0.30 per cent to close at 58,305.07 points. NIFTY gained 45.65 points or 0.26 per cent to close at 17,369.25 points.
Our media has been pegging away, at a nagging length, on the 'terrorists' in the Taliban cabinet and who are controlled by Pakistan. The information available to us would have been so much more reliable had our embassy not shut entirely. Our ambassador had to leave early because in the Taliban versus US-Ghani conflict we clearly sided with the losing side.