By Sanjeev Oak For the first time since 2011, Fitch Ratings has downgraded the United States’ long-term credit rating from AAA to AA+. This decision has sparked a global debate, drawing sharp criticism from U.S. Treasury Secretary Janet Yellen and skepticism from JP Morgan CEO Jamie Dimon. The downgrade also sent ripples through global markets, including India’s stock exchange, highlighting …

By Sanjeev Oak In 2023, the world witnessed even a global superpower like the United States teeter on the brink of bankruptcy before pulling itself back. The looming government shutdown, threatening millions of jobs, was averted at the last minute. Meanwhile, the Israel-Hamas conflict exposed growing opposition from Arab nations against the U.S., and Ukraine found itself fighting its war …

By Sanjeev Oak At the recently concluded G7 summit in Italy, the G7 group of wealthy nations officially endorsed India’s proposed Middle East-Europe Economic Corridor (IMEC). This ambitious project aims to boost global trade by establishing a robust infrastructure network and alternative, seamless transportation routes. A Strategic Link Between Asia and Europe The IMEC project, initially announced at last year’s …

By Sanjeev Oak The recent missile attack by Iran on Israel, following an Israeli strike on Hezbollah, has heightened global concerns. In response, the United States immediately announced an increase in military presence in the Middle East, while Israel warned Iran of significant consequences. However, a world still recovering from economic challenges cannot afford this escalating conflict. On October 7th …

After Israel’s attack on Hezbollah, Iran’s missile strike on Israel has raised global concerns. The U.S. promptly announced a military buildup in the Middle East, while Israel warned Iran of severe consequences. However, for a world recovering from economic downturns, such tensions are unaffordable. By Sanjeev Oak On October 7 last year, Hamas, a terrorist organization, executed the largest attack …