May 2023 Blog Posts (3)

G20 Kashmir Meeting: Modi's PR Ploy Backfires!

Prime Minister Narendra Modi's campaign to show normalcy in the Indian occupied territory of Jammu and Kashmir has backfired.  Three member countries of the G20 boycotted the tourism event in Srinagar. The rest of them sent local embassy staff to attend. The event also drew negative worldwide media coverage of the brutality of India's "settler colonialism" in the disputed territory. It elicited strong condemnation from the United Nations. Prior to the event, India’s tourism secretary, Arvind…

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Added by Riaz Haq on May 24, 2023 at 11:30am — 35 Comments

India-Russia Trade: Is Indian Rupee Worthless For Cross-Border Transactions?

What good is a currency in global trade if it can not be used to buy products and services from other nations that a country needs?  The answer to this question came when Russia said it has accumulated billions of rupees in Indian banks which it can not use. “This is a problem”,  Russian Foreign Minister Sergei Lavrov told reporters in India’s Western state of Goa on the sidelines of the Shanghai Cooperation Organization meeting.  “We need to use this money. But for this, these rupees must…

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Added by Riaz Haq on May 17, 2023 at 1:00pm — 9 Comments

Pakistan Now: Darkest Before Dawn?

Pakistan is experiencing one of the darkest periods of its history. Political instability is eroding confidence in the nation's future. Declining economic growth and high inflation are hurting the people of all strata of society, particularly the poor whose numbers are rapidly rising. Is there any hope left for the country? Is it a case of the "darkest before dawn"? How do…

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Added by Riaz Haq on May 12, 2023 at 5:00pm — 46 Comments

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    Blog Posts

    Tata's Boardroom Crisis: Will it Impact Philanthropy in India?

    India's Tata Group is going through a major boardroom crisis. Noel Tata, the Chairman of the Tata holding company, has been removed from the Tata Group's board by N. Chandrasekaran, chairman of Tata Sons. Noel Tata has declared the decision illegal, a stance the board disputes. The crisis has been precipitated by a 2022 decision by India’s central bank to order the company to seek a stock market listing for Tata Sons, to comply with new rules governing systemically important…

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    Posted by Riaz Haq on October 1, 2026 at 6:30pm — 1 Comment

    Xi-Trump Summit: US-China G2 Rapprochement to Avoid Thucydides Trap

    The summit meeting of the leaders of China and the United States in Washington appears to signal a rapprochement between the two superpowers.  President Trump has repeatedly referred to what he calls "G2", without mentioning "G7" or "G20", the groups that include many more countries. This development is seen as positive for world peace but it diminishes India's significance as a "counterweight to China" and the benefits Indians expected to flow from the US-China confrontation in…

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    Posted by Riaz Haq on September 25, 2026 at 5:30pm — 5 Comments

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