Aiming to developing a solid relationship with the world's most powerful country, Foreign Minister AK Abdul Momen left for the US last night on a three-day visit, his first visit after President Joe Biden took office in January. He will hold meetings with US Secretary of State Antony Blinken tomorrow, and Senate Foreign Relations Committee Chairman Senator Bob Menendez and
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BBC director-general Tim Davie (top right) has been sent a letter of formal complaint after Dr Sharandeep Singh s appearance on the broadcaster THE BBC’s director-general has been urged to launch a “full editorial investigation” into how the corporation “broadcast conspiracy theories” around the ongoing farmers protest in India. Charandeep Singh, on behalf of the charity Sikhs in Scotland, has written to BBC boss Tim Davie to raise a formal complaint, saying a representative of their charity was asked to appear “under false pretext”. Sikhs in Scotland say their trustee, Dr Sharandeep Singh, was met with bias and hostility and presented with “questions unduly promoting Indian government propaganda and conspiracy theories”.
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Commentary: The US’ greatest asset in East Asia may be Japan The US and Japan will need to shore up their economic heft and pursue a shared commitment towards setting the rules on trade, says Titli Basu.
Composite pictures of Jo Biden and Yoshihide Suga. (Photos: AFP)
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NEW DELHI: For US President Joe Biden, restoring normalcy amid polarisation in American democracy, and rebuilding the economy during a pandemic, is as pressing as repairing liberal internationalism.
As pillars of the US-led liberal order eroded under Trump’s America First legacy, what will it take to repair American alliances?
Asia leads the global economy out of 2020’s record FDI inflow slump
By Bob Savic, Advisor to Dezan Shira & Associates
The world economy experienced a precipitous -42% decline in global foreign direct investment (FDI), last year, according to UNCTAD. This setback particularly impacted developed economies with a yearly slide of -68%, being the steepest on record, and leaving FDI inflows at a quarter century low of US$229 billion in 2020. Asia’s overall FDI declines were comparatively less pronounced, while in China’s case, FDI inflows were not only positive, but actually grew faster than in 2019. Suffice it to say, Asia is currently leading the global economy with FDI inflows either picking up, at the beginning of 2021, or demonstrating convincing signs of a significant rise from last year’s negative growth patterns.