President Luiz Inácio Lula da Silva of Brazil this year denounced the fund for “asphyxiating” economies with its tough lending conditions, somewhat ignoring the IMF rescue that saved his country from sovereign bankruptcy in 2002 during his first presidency. More concretely, the Brics summit in A...
The US’ withdrawal from the WHO in the middle of the pandemic, though reversed in January 2021 with the change in presidency, showed that multilateral institutions designed to address global issues are fragile and that they ultimately depend on the will of the largest geopolitical powers to lead...
India is projected to be the fastest growing economy in the world over the next two decades. Favourable demographic factors, the size of the country and political will to improve the business environment (in some ways) do present opportunities for foreign busines...
On Oct 16, U.S. National Security Advisor Jake Sullivan said that President Biden had “no plans” to meet with Saudi Crown Prince, popularly known as MBS, on the sidelines of the G20 summit coming up next month in Indonesia. The next day (Oct 17), Saudi retaliated,...