India

The world is currently experiencing rapid and significant geopolitical shifts, with rising global powers like the BRICS Group leading the charge to recalibrate the balance of influence within the Global Financial System. The recent expansion of the BRICS Group, now including 10 nations following the accession of Egypt, Saudi Arabia, the United Arab Emirates (UAE), Iran, and Ethiopia, underscores their growing influence. This bloc is unwavering in its determination to challenge the dominance of the U.S. dollar and to overhaul a global financial infrastructure that it sees as deeply flawed. The BRICS nations argue that the current system, with its structural flaws, serves as a tool for exerting political and economic pressure and contributes to the fragmentation of economies and regions by weaponizing trade and financial constraints.   The BRICS+ nations acknowledge that Dollar Dominance is underpinned by entrenched factors, most notably, the U.S. military power and global confidence in the U.S. legal and regulatory frameworks. Nevertheless, these nations are actively exploring alternatives to reduce their reliance on the dollar, aiming to bolster their financial sovereignty. In pursuit of this goal, BRICS has ramped up efforts to reduce dependence on the dollar by employing innovative mechanisms. Chief among these is the proposal to issue a new, collective currency and establish a multilateral digital settlement and payment platform, dubbed as the “BRICS Bridge.” This platform is poised to foster greater trade integration among member states, particularly as some nations within the bloc, like Russia, face sanctions and exclusion from global systems such as the SWIFT System -The Society for Worldwide Interbank Financial Telecommunication-.   All eyes are now on the upcoming BRICS Summit, set to take place in October in Kazan. The summit is expected to showcase tangible steps toward implementing these initiatives, which could potentially redefine the structure of international trade and finance. The critical question remains: Will Russia and its BRICS allies break the dollar's stranglehold over the global financial order?

  Political assassinations have been a constant occurrence in world politics. Assassination as a political tool is, however, not exclusive to states nor state leaders; anyone who has fired a gun against a political figure claims the title of an assassin. Additionally, involvement in politics in any capacity can leave you vulnerable to such acts of retaliation. While gunmen and fanatics still impose a threat, states themselves are considered to be leading the pack. During the Cold War, the business of assassination was largely monopolized by superpowers. The United States and the Soviet Union directed operations targeting high-profile figures such as Cuba’s Fidel Castro, Chile’s Salvador Allende, and Yugoslavia’s Josip Broz Tito. Some "hits" gained more fame than others such as the assassination of dissident Bolshevik leader Leon Trotsky in Mexico City using an ice pick by Stalin’s secret police.   Russia and the United States, once the dominant global poles, continue to hold on to their old love for eliminating those they deem adversaries. The Kremlin has a long tradition, stretching back a century, of eliminating political dissidents both at home and abroad to send chilling messages to other opponents. In February 2024, a Russian pilot who had defected to Ukraine was assassinated in Spain. He was shot six times and then run over by a car, with Russian-made bullet casings left at the scene—a crude warning to others. Recently, U.S. intelligence uncovered a Russian plot to assassinate the chief executive of a powerful German arms manufacturer producing artillery shells and military vehicles for Ukraine. The United States has also continued its practice of carrying out high-profile assassinations with its most recent target being Qassem Soleimani, who was killed in Baghdad in a strike that showed little regard for international law.   States vary in their levels of expertise in assassination, with Israel often considered the maestro of this practice. Assassination has been a foundational principle of the Israeli state. Since its establishment in 1948, Israel has targeted Nazi leaders, Palestinians, Arabs, and scientists serving its enemies, such as German scientists working on the then Egyptian President Gamal Abdel Nasser’s advanced weapons program. Currently, the pool of targets has expanded, with Iranians becoming significant targets of Israeli operations. One of the latest operations against Iranians involved the assassination of Hassan Sayyad Khodaei. Known only to intelligence personnel as a key figure at the tactical level in the Quds Force, Khodaei's primary focus was on attempting (mostly unsuccessfully) to attack Jewish and Israeli targets abroad.   Nevertheless, the pool of nations engaged in assassination attempts appears to be expanding with new entrants. A notable incident occurred in Canada last June, where Sikh separatist Hardeep Singh Nijjar was shot 34 times. Additionally, in January of the same year, British Sikhs were warned by police about increased risks to their lives. This incident marks India’s grand entrance into the stage of those countries using assassination as a tool for advancing both international and domestic agendas. It highlights how political assassinations have resurfaced as a widespread tactic, no longer monopolized by a handful of states.

The 21st century has witnessed a resurgence of mediation as a pivotal tool for resolving international disputes. This resurgence is driven by the complexities of contemporary conflicts and the expansion of threats beyond traditional regional conflicts, civil wars, and political crises. The scope of security threats now includes issues such as climate change, cybersecurity, and transnational organised crime.   Several countries have played significant roles in mediation, leveraging their diplomatic acumen, political influence, and economic resources to facilitate dialogue and prevent escalation. Norway has consistently demonstrated its commitment to peacebuilding through active participation in resolving conflicts among the most prominent mediators. From Sri Lanka to Colombia and the facilitation of the Oslo Accords, Norway has embodied its ability to promote dialogue between seemingly irreconcilable adversaries.   Known for its multilateral approach and emphasis on consensus building, Finland initiated the Group of Friends of Mediation in September 2010, significantly contributing to peace processes in the Horn of Africa. Similarly, Switzerland, with its long-standing tradition of neutrality, has provided a safe and neutral venue for countless peace talks and negotiations, fostering an environment conducive to compromise and resolution.   Amid the resurgence of mediation in international diplomacy, the last decade has witnessed the emergence of non-Western actors in this field. At the forefront is the United Arab Emirates (UAE), which has become an essential player in the Middle East and beyond. Since its founding, the UAE has combined traditional Arab values with modern diplomatic practices to address the cultural complexities of regional conflicts, adopting a policy of promoting peace, security, and stability both regionally and globally.   The UAE’s commitment to mediation is evident in its numerous initiatives aimed at calming conflicts and crises, including active mediation in the ongoing conflict in Yemen, facilitating dialogue and humanitarian aid, playing a crucial role in reconciliation efforts between India and Pakistan; its pivotal role in the historic 2018 peace agreement between Ethiopia and Eritrea, marking a significant achievement in regional stability; facilitating prisoner exchanges between Russia and Ukraine, showcasing the UAE's diplomatic reach; mediation efforts between Russia and the United States (U.S.), further highlighting the UAE's influence; and hosting the COP28 Climate Conference in Dubai, underscoring the UAE's active participation in global diplomacy.   However, the path to mediation is fraught with challenges. The inherent complexities of many regional conflicts, the conflicting interests of the parties involved, and the need to balance mediation efforts with national interests can hinder the achievement of sustainable solutions. Additionally, maintaining neutrality in polarised situations, limited influence over non-state actors, and potential capacity constraints are challenges that the UAE must overcome to ensure the continued success of its mediation efforts. Hence, the UAE’s role as a rising international mediator, focusing on the factors that enabled its rise, its mediation strategies, and the impact of its efforts on regional and global conflicts will be examined.

Indian legislative elections were held on April 14, 2024, to choose a new parliament to represent the country for the next five years. These elections are considered the largest and longest in the world, given the vast geographical area of India, as voting will be held in seven phases across different states over a period of approximately six weeks. About 969 million voters will participate in these elections to choose 543 members of the lower house of the Indian Parliament (Lok Sabha). These elections are of great importance and are among the most expensive in the world, with their cost expected to reach be nearly double what was spent in the 2019 elections.     An opinion poll conducted by the Centre for Research and Studies of Developing Countries indicates that the ruling Bharatiya Janata Party (BJP) is likely to win the 2024 Indian parliamentary elections, paving the way for a third term for Prime Minister Narendra Modi. The Lok Sabha elections are being held in a negative atmosphere, with opposition allegations of unequal playing field, as a result of the intervention of federal law enforcement agencies who have attacked several political leaders and froze their bank accounts for six weeks. This means that the elections will have political and economic repercussions if Modi wins a third term, which will in turn impact India’s internal situation.

The current state of the world economy can be linked in large part to global uncertainties, the escalating crisis in Ukraine, the volatility of commodity prices, tight monetary policy, and other factors. Nevertheless, the World Bank said in its most recent analysis on India's development that the country displayed more resilience to global shocks and better than anticipated quarterly growth figures. In recent years, India's economy has become one of the world’s most dynamic and fastest-growing, and it is now largely regarded as an emerging economic power. India's large and rising workforce, its massive domestic market, and a number of economic reforms and laws meant to encourage it are just a few of the factors that have contributed to the country’s economic success. India is now the fifth-largest economy in the world. India’s emergence requires the assessment of the factors and the signs that India is growing to be a significant global power and its implications.