Panama Isn't The Only US Ally Trump Has Rattled
Mint Hyderabad|December 26, 2024
America's president-elect seems bent on an expansive approach to its 'manifest destiny', but overreach could unsettle Pax Americana. Neutral India, thankfully, needn't worry much

President-elect Donald Trump appears keen to expand on the long-standing American belief in the United States' "manifest destiny" to dominate its part of the world. His utterances on buying up Greenland, enrolling Canada as a state and forcibly taking over the Panama Canal all suggest that the US guiding principle under Trump would be 'Might is Right.' This might work in the face of a few small nation-states in no position to resist, but would rile bigger powers and also weaken the alliances that have held Pax Americana in place under Washington's watch. It is not just economic and military might that underpins US leadership, but also its moral suasion, as articulated by its diplomacy and cultural advocacy. To abandon that, as Trump seems disposed to do once he takes office on 20 January, would be to unravel the power structures that uphold the world order and open up at least a brief phase of instability.

Bu hikaye Mint Hyderabad dergisinin December 26, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Mint Hyderabad dergisinin December 26, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MINT HYDERABAD DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Mint Hyderabad

Services exports save the day for current account in Sep quarter

A rise in services exports helped narrow India's current account deficit (CAD) in the September quarter, although this marked the second consecutive quarterly deficit after hitting a surplus in the final three months of FY24.

time-read
1 min  |
December 28, 2024
Mint Hyderabad

Sebi Issues Circular on Share Transfer

The circular provides clarity on the rules surrounding ownership transfers in intermediary cos

time-read
1 min  |
December 28, 2024
Mint Hyderabad

UltraTech to Acquire Minority Stake in Star Cement

UltraTech Cement on Friday said it will acquire a minority stake of 8.69% from the promoters of Meghalaya-based Star Cement in a deal worth up to ₹851 crore.

time-read
1 min  |
December 28, 2024
Mint Hyderabad

Rupee falls to record low as dollar bids spike

The rupee fell to an all-time low on Friday, as maturing non-deliverable forwards and currency futures boosted dollar demand, while the sharp fall led to panic dollar buying by importers.

time-read
1 min  |
December 28, 2024
Mint Hyderabad

JSW Neo to acquire O2 Power; EQT and Temasek to exit

The transaction entails acquisition of O2 Power Midco Holdings and O2 Energy SG, and is subject to customary nods

time-read
1 min  |
December 28, 2024
Mint Hyderabad

Rural-urban consumption gap shrinks in 2023-24

The monthly per capita consumption expenditure rose to ₹4,122 in rural areas and ₹6,996 in urban areas

time-read
1 min  |
December 28, 2024
Mint Hyderabad

Escorts Kubota's ride is bumpy amid demand concerns

Escorts Kubota Ltd continues to grapple with the challenges of weak export volumes and subdued construction equipment demand.

time-read
2 dak  |
December 28, 2024
Mint Hyderabad

India's Textile Exports a Silver Lining as Trade Deficit Widens

Experts attribute this growth to govt policies, trade deals, and adoption of new technologies

time-read
3 dak  |
December 28, 2024
Mint Hyderabad

The Archetypical Insider Who Guided India Towards Its Economic Potential

During Singh's tenure at RBI, India embraced a more flexible exchange rate to promote exports

time-read
5 dak  |
December 28, 2024
Mint Hyderabad

A Vision

Former prime minister Manmohan Singh's tenure (2004-2014) witnessed significant reforms that profoundly impacted India's economy, governance, and social infrastructure. His reforms focused on pressing issues such as poverty alleviation, education, healthcare, and corruption. Mint takes a look at the key reforms that reflect Singh's enduring legacy.

time-read
1 min  |
December 28, 2024