A MEGA RESPONSE TO MAGA
The New Indian Express|May 29, 2024
Macron wants to Make Europe Great Again, borrowing from Trumpian MAGA ideas and protectionist Bidenomics. The Euro polls may influence this process
PS RAGHAVAN
A MEGA RESPONSE TO MAGA

Nabout a week, elections will determine the complexion of a new European parliament. They would show how the public evaluates policies of Europe's decision-makers on security, economic challenges, energy transition and migration. Polls project right and farright parties may increase representation, perhaps even displacing the centre-left as the second largest grouping.

In April, France's President Emmanuel Macron laid out a characteristically frank analysis of Europe's challenges, declaring it would "die" if it did not wake up to current realities. Macron said Europe today encounters hostility from Russia, lack of interest from the US and competition from China. The US has only two priorities: America First and China. Europe is not a geopolitical priority. It has to find strategies to prevent marginalisation and relegation.

Macron's prescriptions include policies to accelerate self-reliance in raw materials, semiconductors, digital technologies and healthcare; and strategies to make Europe a world leader in artificial intelligence, quantum computing, space, biotechnologies and new energy by 2030. 'Food sovereignty' and energy transition policies with economic growth should be priorities.

The centrepiece of Macron's recipe is a strong European defence capacity, with a full spectrum of military capabilities. This needs a Europe-wide defence industrial strategy, consolidating specialisations of major players, a "European preference" for military acquisitions and addressing the mismatch of specifications and standards (which was shown up in the assistance extended to Ukraine). It envisages strategic cohesion between European armies and a rapid reaction force, creating an autonomous European capacity to pursue its own defence strategies "in the Mediterranean, Africa, the Indo-Pacific and the Arctic".

هذه القصة مأخوذة من طبعة May 29, 2024 من The New Indian Express.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة May 29, 2024 من The New Indian Express.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من THE NEW INDIAN EXPRESS مشاهدة الكل
The New Indian Express

Satcom Showdown: Jio-SES vs Airtel-OneWeb vs Elon Musk's Starlink

The eighth edition of India Mobile Congress 2024 in Delhi concluded recently, not only showcasing cutting-edge telecommunication technology but also serving as a platform to debate on satellite communication.

time-read
2 mins  |
October 25, 2024
OPEN-SOURCE MODELS
The New Indian Express

OPEN-SOURCE MODELS

TO ACCELERATE TRANSFORMATIVE IMPACT IN CRITICAL SECTORS

time-read
2 mins  |
October 25, 2024
The New Indian Express

WFI writes to UWW, withdraws team from Worlds

INDIAN wrestling witnessed frenetic activities on Thursday. Already in the soup since January last year, the sport plunged to a new low when the Wrestling Federation of India (WFI) decided not to field a team at the senior World Championships—Non-Olympic Weight Categories scheduled in Tirana, Albania from October 28 to 31.

time-read
2 mins  |
October 25, 2024
The New Indian Express

Making a comeback after three years, office takes seven-fer to put India in driver's seat

ON Day 1 of Tests in India, it's a common sight to see players clap R Ashwin off the field.

time-read
2 mins  |
October 25, 2024
Raphinha sizzles as Barca thrash Bayern
The New Indian Express

Raphinha sizzles as Barca thrash Bayern

A Raphinha hat-trick handed Barcelona a 4-1 win against Bayern Munich in the Champions League on Wednesday, while Liverpool stayed perfect with a 1-0 win at RB Leipzig and Erling Haaland produced another moment of magic for Manchester City.

time-read
1 min  |
October 25, 2024
Deepti comes to fore for India in first ODI
The New Indian Express

Deepti comes to fore for India in first ODI

INDIA women beat New Zealand by 59 runs in the first of the three-match ODI series at the Narendra Modi Stadium Ahmedabad on Thursday.

time-read
1 min  |
October 25, 2024
Parched fans suffer from dehydration, giddiness in Pune
The New Indian Express

Parched fans suffer from dehydration, giddiness in Pune

The prelude to the Mumbai-Pune expressway is dotted with high-rise buildings in various stages of construction. Some of them are half done while some of the others are ready for occupation.

time-read
2 mins  |
October 25, 2024
Chukwu earns a point for Chennaiyin vs Goa
The New Indian Express

Chukwu earns a point for Chennaiyin vs Goa

SUBSTITUTE Daniel Chima Chukwu helped Chennaiyin FC's earn a point with a timely goal against FC Goa in the Indian Super League at the Jawaharlal Nehru Indoor Stadium here on Thursday.

time-read
1 min  |
October 25, 2024
The New Indian Express

IndusInd Bank profit falls 40% on asset quality woes

INDUSIND Bank on Thursday reported a 40% fall in September quarter net profit at ₹1,331 crore, pulled down majorly by concerns on asset quality.

time-read
1 min  |
October 25, 2024
The New Indian Express

Rel Power gets shareholders nod to raise ₹1,525 cr

THE shareholders of Reliance Power Ltd have approved the company's plan to raise Rs 1525 crore through Preferential Issue of equity shares.

time-read
1 min  |
October 25, 2024