Keeping up with the geopolitical affairs- 3
20ish29 Okt 2021

Keeping up with the geopolitical affairs- 3

FATF Greylist- The global terror financing watchdog, Financial Action Task Force (FATF), has added Turkey, along with Jordan and Mali, in its revised list of “jurisdictions under increased monitoring”. The FATF is an inter-governmental body that works to “set standards and promote effective implementation of legal, regulatory and operational measures for combating money laundering, terrorist financing and other related threats to the integrity of the international financial system”. There are now 23 countries in the FATF grey list, officially referred to as “jurisdictions with strategic deficiencies”. From India’s, and most of the rest of the world’s perspective, the most important country on the list is Pakistan. Myanmar is also on the list — and now, Turkey. In essence, in the assessment of the FATF, all these countries have failed to prevent international money laundering and terrorist financing, and are, therefore, on a global watchlist. Source; indianexpress.com India looks West. The foreign Ministers of India, Israel, and UAE along with the US secretary of State on 18 October met virtually leading to huge speculations of the formation of a new Quadrilateral or Quad group. Israel in the last couple of years has built some serious engagements with many Middle Eastern countries and India already has good relations with most of them. Such coordination between an important gulf country, Israel, and the US can prove to be a game-changer in the political and economic relations within and outside the region. It is particularly this decision that is leading to speculation regarding the formation of a new quadrilateral group among these members. If this happens, this could lead to greater cooperation among these influential countries in the region. India and the US along with Australia and Japan are already part of another Quad group. Source indiatimes.com https://youtu.be/ckP49ssiW6U Pakistan's Worsening Economic Crisis- A report in the Economic Times stated that Pakistan needs an infusion of $51. 6 billion in the two-year period (2021-23) in order to meet its financial obligations. The article quotes a conservative estimate of the IMF which mentions that Pakistan’s “external financing requirement stands at USD 23.6 billion in 2021-22 and USD 28 billion in 202223.” In case talks fail with the IMF, funding from other sources including the World Bank and Asian Development Bank remain at risk. As much as 28 per cent of Pakistan’s debt is owed to China, which was 9 per cent in 2013. This will only grow. Simultaneously, China demanded $38 million as compensation for loss of lives of its nine engineers, employed on the Dasu hydropower project, in a terrorist strike. At the current exchange rate it works out to Rs 73 crore per individual. China has stated that work on the project would only recommence once the amount has been paid and additional security ensured. Pakistan has constituted a committee to deliberate on the Chinese demand as also negotiate with China on the amount. A Pakistani media report last month stated that as per the State Bank of Pakistan, the government’s debt increased to Rs 39.9 trillion, of which 14.9 trillion was in the past three years of Imran Khan’s reign. This has been accentuated by large public borrowings during the Covid pandemic. There was some relief with the IMF handing over $2.75 billion under a Special Drawing Rights programme for battling Covid. The World Bank included Pakistan in the top ten nations with largest foreign debts. Added to these miseries is the fact Pakistan will continue to remain on the Grey List as it has failed to fulfil FATF’s basic requirements. In a paper titled, ‘Bearing the cost of global politics — the impact of FATF grey-listing on Pakistan’s economy,’ Naafey Sardar states that the impact on GDP of Pakistan being in the Grey List from 2008-2019 has been $38 billion. Source thestatesman.com


YT https://www.youtube.com/watch?v=nTzKE0XFPJk

Avsnitt(30)

International media's portrayal of India

International media's portrayal of India

International media sells the negative side of India. It is now just serving one side of the agenda. We talked of many such small incidents and how it effects in the longer run. Welcome to 20ish, an international relations podcast for the millennials focusing on the geopolitical issues concerning India. Every Friday @ 9 PM

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How Bollywood can transform India's image in the world?

Skandh talks about Bollywood. How Bollywood can transform India's image in the world? It is the world of soft powers with Japan and South Korea being the biggest example. It is about time they realise how they can make India a soft power via their movies. They need to be relevant and as audience we need to stop idolising them. Salman khan and Shah rukh khan are the people why we are not progressing. They show entrepreneurs as evils and make movies like Radhe and Raees. It doesn't improve one at all rather degrades them. Also shows like Bigg Boss take recognition and credits. All it does is make people talk about other people and that too in a mediocre way. Indian audience can't be intelligent intellectually because of this. Shows like Shark Tank should be getting this recognition because Indian entrepreneurs always stay behind limelight. They deserve a lot. Thanks for watching. Check us out on YouTube: https://youtube.com/channel/UCmBlwJxY...​Spotify: https://open.spotify.com/show/2MprO0O...​ 00:00​ intro 02:35​ Radhe trailer reaction and typical Salman khan movies 04:20​ Commercial Vs Art movies in Bollywood 05:06​ The concept of soft power 06:40​ Indian actors need to do method acting 10:07​ Types of movies matter! 11:36​ India is the IT superpower 15:07​ Movies and actors should be relevant 18:50​ stop idolizing 24:10​ Bollywood portrays entrepreneurship as an evil 29:35​- outro

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Watch here https://youtu.be/KykLw3iZVSE

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Net zero emissions, should India join?

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