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What are the consequences of external debt on the Global South?

The phenomenon of external debt has been a central topic in discussions about economic development, social welfare, and global financial stability, particularly concerning the Global South. This vast region, comprising countries in Africa, Latin America, Asia, and Oceania, has grappled with the complexities and consequences of relying on external borrowing from international creditors, private investors, and multilateral institutions.Origins and Evolution of External DebtExternal debt generally occurs when states or businesses in emerging economies seek loans from foreign sources to support development initiatives, cover budgetary shortfalls, or stabilize unstable economies. The roots of extensive foreign debt can be traced to the…
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Kosovo: Why a license plate spat has sparked ethnic tensions again ...

Key consequences of the Serbia and Kosovo conflict explained

The extended conflict involving Serbia and Kosovo has significantly influenced the political, social, and economic environments of the Western Balkans. Originating from ethnic, historical, and political intricacies, the tension has transitioned from a full-scale war in the late 1990s to a complex post-war scenario. This article delves into the extensive repercussions of this conflict, analyzing both regional and global dynamics, as well as the substantial effects on local communities.Political Ramifications1. International Recognition and Diplomatic TensionsKosovo declared independence from Serbia in 2008, a move Serbia does not recognize. This has led to a persistent diplomatic impasse. Around 100 countries, including the…
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India will never accept mediation, Modi tells Trump - The Hindu

India’s position in the new global geopolitics

El entorno geopolítico del siglo XXI está experimentando una transformación acelerada, impulsada principalmente por el cambio de poder del Oeste al Este. Grandes cambios globales destacan economías emergentes, avances tecnológicos y alianzas estratégicas que desafían el orden tradicional dominado por los Estados Unidos y Europa Occidental. India, la democracia más grande del mundo y el país más poblado desde 2023, se encuentra en el centro de esta transformación. Comprender el papel cambiante de India en la nueva geopolítica mundial requiere evaluar sus estrategias diplomáticas, crecimiento económico, postura de defensa y proyección de poder blando.Diplomatic Relations and Independent StrategyOne distinct feature…
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Trump says he’s sending troops to Portland to protect ICE facilities

Trump Deploying Troops in Portland to Defend ICE Sites

The announcement of sending federal personnel to Portland has reignited national debates about immigration enforcement, public safety, and the role of federal authority in local jurisdictions.La decisión de enviar tropas a Portland marca un nuevo capítulo en las tensiones actuales entre el gobierno federal y algunas administraciones locales. Esta acción se presentó como un paso necesario para garantizar la seguridad de las instalaciones de Inmigración y Control de Aduanas (ICE), que han sido cada vez más el centro de manifestaciones y críticas. Al poner el énfasis en la seguridad y el orden, la administración busca justificar una presencia federal en…
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Saudi Arabia and Pakistan sign mutual defense pact as Gulf Arab states grow wary of US security guarantees

Mutual defense pact signed by Saudi Arabia and Pakistan as Gulf states reassess US security ties

Saudi Arabia and Pakistan have established an agreement for mutual defense, marking a strategic shift in regional security as Gulf nations reevaluate their dependence on American protection. This alliance highlights the evolving dynamics in the Middle East and South Asia, with consequences for military collaboration, diplomacy, and geopolitical stability.The agreement between the two nations arrives amid a backdrop of heightened regional tensions and evolving global alliances. Saudi Arabia, a key player in Gulf politics, has traditionally relied on the United States for security guarantees, particularly in the context of threats from Iran and other regional actors. However, recent uncertainties regarding…
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