BUSINESS
India loses out to the EU on African oil and gas
With Russia cutting off natural gas supplies to Europe, the EU is looking for alternative gas sources in Africa
BUSINESS
US options to curb Iran’s nuclear ambitions are increasingly limited
Iran’s oil and gas reserves and its location that makes it vital to several overland trade routes give it tremendous advantages
BUSINESS
The complex crisis of food inflation
The high energy cost across the supply system, with the complex intertwining between energy and raw materials inevitably leads to higher food prices, with costs rising at each link of the chain, whether linear or non-linear
BUSINESS
Pakistan: Caught in the Dragon’s trap
The IMF in its latest country report on Pakistan, brought out in April this year, has quietly hinted that the country’s industry simply lacks the technology and sophistication necessary to compete in the modern world
BUSINESS
The Indian tightrope trick on sanctions against Russia
The US is likely to soft pedal India’s stand on sourcing crude and other raw materials from Russia, in view of geopolitical and geo-economic considerations
BUSINESS
The resilience of China’s supply chain dominance
The IPEF does not offer a free trade agreement. It does not dangle the prospect of lower customs tariffs, either. In contrast, the China-dominated Regional Comprehensive Economic Partnership (RCEP) and even older agreements like the Association of Southeast Asian Nations (ASEAN) FTAs, do offer tariff incentives
BUSINESS
The paradox of the Russia sanctions
The sanctions were intended to hurt Russia, but it is the world’s developing nations that have been the worst hit
