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Is Bretton Woods fit for the 21st century?

In July 1944, delegates from 44 countries gathered in the UN sponsored Conference in Bretton Woods, New Hampshire, to decide on a post-Second World War monetary and financial order.

Learning from West’s mistakes  

In India as in most other developing countries, there is huge admiration for the prestigious universities of Western countries and it is the dream of many brilliant students (not to mention their parents) to get opportunities to study there.

War shows that drones are not magic bullets

Unmanned aerial vehicles, or drones, have been central to the war in Ukraine. Some analysts claim that drones have reshaped war, yielding not just tactical-level effects, but shaping operational and strategic outcomes as well.

War economics

The International Monetary Fund (IMF) has said in its World Economic Outlook that the “global outlook is expected to decline this year to 3.6 per cent, down from 6.1 per cent in 2021”.

Affection, Disaffection

The diversity of multi-cultural India in terms of its religio-ethnic 'divides' is especially pronounced along the border regions, be it in the Northeast, Ladakh, J&K, Punjab, Rajasthan and Gujarat. This socio-reality has always been exploited from across the borders and explains the various secessionist movements that have plagued certain areas. Yet with various accords, talks, talks and various other reassuring concessions, the 'idea of India' triumphed with its restorative accommodation, never allowing local disaffection to reach a point where the aggrieved locals in border states overwhelmingly preferred other flags.

Symbolic defeat

The loss of the warship, named after the Russian capital, is a devastating symbolic defeat for Moscow as its troops regroup for a renewed offensive in eastern Ukraine after retreating from much of the north, including the capital.

Lessons from Ukraine conflict

The lesson is that nations much invest in developing military capabilities based on threats. The Russian invasion has also proved that nations will not capitulate, despite large scale destruction. This would have been noted by China, which has been threatening to reclaim Taiwan.