Global Risks

In the last few decades, the global order has witnessed a "re-balancing" that is shaping its new directions, External Affairs Minister S Jaishankar said on Saturday. Addressing a gathering here at the launch of the Arbitration Bar of India, Jaishankar also said the requirement to harmonise, mediate and settle differences and disputes will be even more "as we progress on that journey towards Viksit Bharat". This is a "very significant step" in the emergence of India as an arbitration venue, he said. "I know that all of you appreciate its significance more than I do. But let me, as a foreign minister, today really place it in a larger context and a context that I will borrow again from the AG's (attorney general's) reference to a triangle, a Greek triangle. The triangle I use here is really one of law, business and diplomacy," he added. In his address, Jaishankar said, "In the last few decades, the global order has witnessed a re-balancing that is shaping its new directions." "One f

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As a familiar script plays out, the threat to the world economy is limited

The 2+2 ministerial dialogue between India and the US in New Delhi this week carries the promise of deepening a robust partnership between the two nations, particularly in the defense area, according to an expert. Coming in the backdrop of a complex and ever-evolving global landscape, the dialogue will serve as a platform for reaffirming the unwavering commitment of the United States and India to their global partnership and their shared vision for a free and open Indo-Pacific, said Farwa Aamer, Director of South Asia Initiatives, Asia Society Policy Institute." "The upcoming fifth U.S.-India 2+2 Ministerial Dialogue, set to bring together top officials from both nations in India this week, carries the promise of deepening a robust partnership that has seen remarkable progress, particularly in the realm of defense cooperation," she said. Secretary of State Antony Blinken and Defence Secretary Lloyd Austin will travel to New Delhi next week for the '2+2' meeting with External Affairs

Japanese financial institutions are struggling to put a price tag on the cost of climate change, an effort made difficult by the long timeframe and a lack of data for making credible predictions.

Bloomberg's risk map signals where danger lurks