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Narendra Modi recently won a third term as Indian prime minister after his BJP was returned to power, albeit as part of a minority government leading the National Democratic Alliance (NDA) coalition. Having expected to win another majority from which to pursue his Hindu nationalist – or Hindutva – agenda, Modi will have to operate within the constraints of a considerably reduced mandate.
Israel has announced that it is ready to go to war with Hezbollah – a move that is likely to undermine US President Joe Biden’s chances in the 2024 election even further.
To truly understand populism, we have to take the long view. In the 1960s, populist parties won, on average, 5.4% of the vote in Europe – while today, following the European Parliament elections on June 9, more than 20% of the electorate trusts them with their vote.
The Russian president, Vladimir Putin, has spent two days in Pyongyang, meeting with the North Korean leader, Kim Jong-un, and signing a “comprehensive strategic partnership.”
The outcome of the upcoming presidential election is going to have major consequences for the relationship between the United States and its allies.
Was the first so-called “Summit on Peace in Ukraine”, held in Switzerland on June 15 to 16, a failure? Certainly not, if you listen to the fairly upbeat reactions of Ukrainian President Volodymyr Zelensky and his Western backers. And, to be fair, the summit has enabled Zelensky to keep Russia’s war against Ukraine high on the international agenda.
Russian energy giant Gazprom is reported to have been hit particularly hard by sanctions imposed as a result of the war with Ukraine. An internal report – obtained and published by the Financial Times – has forecast that the company is unlikely to recover gas sales lost as a result of Russia’s invasion of Ukraine for at least a decade.
US President Joe Biden raised tariffs on Chinese-made goods sharply in May, claiming that the “Chinese government has cheated by pouring money into Chinese companies … hurting competitors who play by the rules.” The tariffs are 25% on steel and aluminum, 50% on semiconductors and solar panels and 100% on electric vehicles.