For India, it doesn't matter greatly who wins. Prime Minister Narendra Modi has established a rapport with both candidates. The India-US strategic partnership now has bipartisan momentum.
For the rest of the world, however, the contest between Biden and Trump presents a Hobson's choice. A Trump win is dreaded in Europe. Trump has promised to cut military aid to Ukraine and end the Russia-Ukraine war within months of his inauguration as president. Trump's position on the Israel-Hamas war in Gaza is less clear. But the former president is fond of boasting how, on his watch, no new wars erupted.
Biden advocates a sovereign Palestine state living in peace next to Israel. Biden has for decades been the recipient of funds from the American Israel Public Accounts Committee (AIPAC), the powerful pro-Israel lobbying organisation with wealthy Jewish donors. Many are self-declared Zionists. They reject the very idea of a separate sovereign Palestinian state.
Apart from Biden's cognitive infirmity, immigration and inflation are two issues that could swing the election in Trump's favour. The US is deeply polarised. Most states are unchangeably blue (Democratic) or red (Republican). The key swing states are Pennsylvania, Michigan, Wisconsin and Nevada. Trump is ahead in opinion polls in all four.
This story is from the July 27, 2024 edition of BW Businessworld.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the July 27, 2024 edition of BW Businessworld.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Reflections on Consciousness and Creation
Indian-American DEEPAK CHOPRA on the nature of the universe, the digital fabric of existence, and the power of a conscious mind
MORE TAKE TO DRIVING IN STYLE
High-end luxury vehicles are no longer part of a niche market, but a rapidly expanding segment of automobile sales, driven by changing consumer preferences, rising disposable incomes and better infrastructure
India's Growing Affinity for Swiss Watches: A Luxury on the Rise
NDIA'S ROBUST ECONOMIC growth, projected to exceed 6 per cent in 2024 and 2025, is fostering a rising demand for aspirational products. As disposable incomes increase, particularly among the expanding middle class, luxury goods such as Swiss-made watches are gaining popularity.
An ENRiching Outlook
KPMG's latest report shows energy CEOs being optimistic about the sector's outlook. ANISH DE, Global Head, ENRC, KPMG speaks to BW Businessworld's Arjun Yadav on what's driving this confidence
Paving the Path to a Sustainable Future
Salesforce's ESG journey has made an impact beyond the company. SUNYA NORMAN, SVP of ESG Strategy and Engagement at Salesforce, shares more on how the tech giant integrates sustainability into its core operations, supporting global goals while empowering employees
LEADERSHIP TRANSITION AT XIAOMI INDIA
Xiaomi India is experiencing a leadership evolution, beginning with Muralikrishnan B's departure as President by the end of 2024. This change underscores Xiaomi's shift towards nurturing local talent amidst dynamic global shifts. The story tracks key transitions from Manu Kumar Jain's leadership to Muralikrishnan B's impactful tenure, along with recent strategic hires, highlighting Xiaomi's alignment towards market adaptability and consumer focus
WEAVING SUSTAINABILITY
Once a modest home textile manufacturer, Jindal Worldwide has evolved into a vertically integrated textile powerhouse, spanning critical segments of the yarn and fabric value chain
FORCE FOR GOOD
FY24 saw capacity expansions for Century Enka in nylon and polyester segments, along with investments in modernisation, renewable energy, and safety initiatives
REIMAGINING TOMORROW
For V-Guard, tomorrow signifies progress, driven by today's actions, setting the foundation for future growth and value creation for all stakeholders
STRONG LEGACY
Powered by a strong legacy, Gulf Oil continues to be a story of exciting transformation and outperformance for more than a decade
