Posts tagged ‘Istanbul’

02/08/2016

Why Experts Say a Donald Trump Presidency Could Benefit India – India Real Time – WSJ

A Donald Trump presidency could help India, according to a panel of India’s top strategic thinkers.

The businessman and television personality, known for his pledge to shake up the global status quo and “make America great again,” could help Indian business by squashing free-trade deals that disadvantage the South Asian nation and while also opening up a larger role for India’s military, speakers at a Brookings India event in Delhi said Monday.

Mr. Trump’s plan to make Asian allies pick up more of the slack for defense spending in the region would “open up a huge amount of space for India” in global affairs, said C. Raja Mohan, director of Carnegie India.

Meanwhile, Mr. Trump’s opposition to the Trans Pacific Partnership would also be a bonus for India, which never signed the deal, said Brookings India’s Harsh V. Singh. Mr. Trump says such deals disadvantage U.S. workers. Many Indian companies “would breathe a sigh of relief” if the trade deal, which favors signatories like Vietnam and Malaysia over India, was squashed, Mr. Singh said.

Mr. Trump has already sent jitters through the Asian security community by saying: “Many countries are not paying their fair share,” for U.S. military protection. By contrast his opponent Hillary Clinton, is seen as someone who would most likely leave relationships unchanged with major allies.

For India, which has no U.S. military bases on its soil, the prospect of life with a diminished American presence in east Asia and the Middle East would mean a sharpening of divisions in the region, but also allow it to expand its influence and invent a new global role for itself, said Mr. Mohan.

The changes could be as large as those that accompanied the withdrawal of the British military from the region post World War II, a shift that saw the birth of modern India in 1947, he said.

Still, if Mr. Trump wins office, he will likely withdraw U.S. support and investment for Indian renewable energy, the Hindustan Times’ Foreign Editor Pramit Pal Chaudhuri said. Protectionist policies could be “a disaster” for the global economy, triggering a spate of trade wars, Mr. Chaudhuri said.

Source: Why Experts Say a Donald Trump Presidency Could Benefit India – India Real Time – WSJ

21/06/2016

Yoga Takes Over the World on Second International Day of Yoga – India Real Time – WSJ

A year after the first International Day of Yoga was celebrated the world over, yoga enthusiasts were back again Tuesday morning lunging forward, raising and stretching their arms, and slowly inhaling and exhaling.

The day was introduced when Indian Prime Minister Narendra Modi successfully lobbied the United Nations to dedicate 24 hours to the ancient discipline in September 2013.This year, Mr. Modi joined thousands of people in the northern Indian city of Chandigarh as they pulled their mats out for a massive demonstration. World over, 173 countries will celebrate the discipline Tuesday.

“We are disconnected from ourselves in today’s times. Yoga helps us reconnect with ourselves,” Mr. Modi said, addressing participants at his event.

On Monday, Mr. Modi also released a set of commermorative postal stamps showing the various steps of the “surya namaskar,” or sun salutation.In India’s capital city, President Pranab Mukherjee conducted a Yoga class at the Rashtrapati Bhavan, his residence-cum-office located in the heart of Delhi.

Images of different Yoga postures were displayed at the headquarters of the United Nations in New York in the build up to Yoga Day.

“Practicing yoga can help raise awareness of our role as consumers of the planet’s resources and as individuals with a duty to respect and live in peace with our neighbours,” said Ban Ki-moon, the UN Secretary-General.

Source: In Pictures: Yoga Takes Over the World on Second International Day of Yoga – India Real Time – WSJ

31/05/2016

ONGC Videsh, Azerbaijan’s SOCAR look to jointly sell oil | Reuters

ONGC Videsh has signed a preliminary agreement with the trading arm of Azerbaijan’s state energy company SOCAR to look at jointly marketing crude oil, the company said in a statement on Tuesday.

OVL, the overseas assets acquisition arm of the country’s biggest explorer, Oil and Natural Gas Corp (ONGC), wants to leverage the experience of SOCAR Trading SA in oil marketing, it said.

Reuters had reported about the deal on Monday.

Source: ONGC Videsh, Azerbaijan’s SOCAR look to jointly sell oil | Reuters

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