US-China Trade War and Global Economy The longer the war continues, the greater the risk of de-globalization becomes Shafqat Javed Recently acting IMF Managing Director, David Lipton, in a veiled appeal, called on the United States and China to come to an agreement and end their yearlong trade war by saying that the global economic slowdown has been “certainly affected by …

US-China-Russia Strategic Triangle A deep dive for new great power competition Magazine Desk “Oceania was at war with Eastasia: Oceania had always been at war with Eastasia.” — George Orwell (1984) Now, even bleaker than the original 1984 novel, Oceania now has hostilities simultaneously with both Eurasia and Eastasia. Simply put, the US is still the dominant power in a …

Ensuring Energy, Water and Food Security Shafqat Javed Water scarcity is the biggest threat to fertile lands in the country which, in turn, means serious consequences for the industrial sector. Pakistan is already a water-scarce country as owing to the poor state of infrastructure about two-third is lost due to poor transmission and seepage.  Water scarcity hurts the entire agricultural chain …

Space is the new war arena History repeated itself once again on March 27 as India’s so-called civil space programme ended up being a military one, like its nuclear programme had. India shot down one of its low-orbit satellites – dubbed ‘Mission Shakti’ – in a nod to the 1998 series of nuclear weapons tests called  “Operation Shakti”. Ironically, Indian …

In the second half of the twentieth century, in the wake of World War II, social scientists began to tweak development models that were built and based on the economic trajectory of the West. Their hope was to use these models as guides for policymaking and forecasting. They also hoped to make economic growth and institution building seem manageable and …

A sine qua non of benefitting from the Fourth Industrial Revolution We are living in exciting yet challenging times. We are in the era of knowledge economy wherein knowledge rather than material resources is considered an asset. Advancements in the field of information technology have brought us to a wondrous stage of human history where a huge amount of knowledge …

Speech of a president whose power is draining Once a year, Donald Trump gives an uncharacteristically bipartisan speech to Congress. It is customarily sandwiched — often within hours — by venomous expressions of partisanship. Mr Trump’s 2019 State of the Union was no exception. His first address to Congress, which took place shortly after his infamous “American Carnage” inaugural address …

Europe is gradually emerging as the world’s new superpower. Experts believe that within a couple of decades, the European Union will equal – if not surpass – the United States as the dominant economic force on the world stage. At present, the EU is enormously prosperous and technologically advanced. It encompasses four of the Big Seven economic powers: Germany, Great …

A Rendezvous with Destiny? The Group of 20 held their 2018 meeting in Buenos Aires, the capital of Argentina, on November 29 to December 1, 2018. In most of their meetings, the heads of state have discussed economic issues. This time around, however, politics dominated the deliberations. Although the trade spat involving the United States and China was on the …

Overlapping of Anglo-American-Israeli Agenda The term “New Middle East” was introduced to the world in June 2006 in Tel Aviv by the then US Secretary of State Condoleezza Rice who coined it as a replacement of the older and more imposing term: the “Greater Middle East.” This shift in foreign policy phraseology coincided with the inauguration of the Baku-Tbilisi-Ceyhan (BTC) …