Try GOLD - Free

Bargains for Peace

The Statesman

|

November 08, 2024

The world's fault lines are sharpening into two clear b!ocs: G7 and BRICS -!-. In the optimistic aftermath of world war II, institutions like NATO, w To, the IMF, and the world Bank were established to safeguard peace and uplift humanity through rules-based cooperation. But promises faded as partiality, opacity. and unkept commitments corroded their purpose. Today, this institutional decay not only stains the legacy of global governance but signals a seismic shift: G7's power dwindles, while BRICs -!- rises, challenging the fading dreams of a unified world order

Bargains for Peace

In the shadow of escalating global strife, Iamie Dimon's recent pronouncement rings with unsettling gravity: "World War III has already begun." His words pierce through the financial pragmatism one might expect from a CEO, instead casting a sobering gaze upon a world veering toward conflagration. The Ukraine and Middle East conflicts, Dimon warns, are mere fault lines in a coordinated contest of influence by powers like Russia, China, and Iran.

Against this tabeau, Dimon's rallying call for a renewed U.S. leadership ~ one devoted to reclaiming its "special role in the world" ~ is both prophetic and patriotic. Yet, it's also an urgent critique, issued from the helm of the largest U.S. lender, now trailing Chinese giants in asset clout. With these potent observations, Dimon, the CEO of IP Morgan Chase, illuminates a stark reality: U.S. power is not just a privilege to wield but a duty to reaffirm in a fractured, perilous global landscape.

The world stands, yet again, at the precipice of transformation. History tells us that a new global order rarely arises without the ashes of the old, as seen in the legacies of 1814, 1918, 1945, and the Cold War's end. Yet, our urgent challenge now is unprecedented: to forge a "fifth world order" without enduring a cataclysmic collapse. The US yearns to reclaim its lost crown, yet shadows linger ~ who holds it now, and by what daring alchemy can it be restored?

MORE STORIES FROM The Statesman

The Statesman

TMC team meets CEO, objects to ECI instructions issued to micro-observers through WA

Coming down heavily on the Election Commission of India, Chandrima Bhattacharya, Trinamul Mahila Congress president and state finance minister said democracy faces the biggest crisis when a constitutional authority starts behaving like the back office of a political party.

time to read

1 mins

February 19, 2026

The Statesman

Takaichi reelected as Japan's prime minister

Japanese Prime Minister Sanae Takaichi was reappointed Wednesday by Parliament to form her second Cabinet, following last week's landslide election win that she hopes will allow a hard-right move to the country’s policies.

time to read

1 min

February 19, 2026

The Statesman

Nifty, Sensex post notable gains amid deeper AI discussions at Impact Summit

The Indian equity benchmarks made considerable gains on Wednesday, even as selling of information technology stocks continued weighing on investor sentiments.

time to read

1 mins

February 19, 2026

The Statesman Kolkata

Akhilesh Yadav flags ‘irregularities’ in Form 7, urges ECI to act

Samajwadi Party chief Akhilesh Yadav on Wednesday said his party has submitted a memorandum to the Election Commission of India highlighting “countless irregularities and malpractices” in Form 7 under the Special Intensive Revision of electoral rolls,and expressed confidence that the poll body would take legal action against those found guilty.

time to read

1 min

February 19, 2026

The Statesman Kolkata

Bascule bridge set for major overhaul

The Bascule Bridge in Kidderpore that serves as a lifeline to the commuters and motorists heading to and fro Garden Reach, is all set to undergo an overhaul.

time to read

1 min

February 19, 2026

The Statesman Kolkata

BDO warns youth about job racket using his name

Atatime when the poll-bound West Bengal has already launched ‘Yuva Sathi’ ~ a scheme to provide financial assistance to unemployed youths ~ a government official has issued a public warning about a counterfeit job racket operating in the name of his office in East Burdwan.

time to read

1 min

February 19, 2026

The Statesman Kolkata

Political slugfest over AI summit ‘robot’ controversy

A major political slugfest erupted on Wednesday following a fresh controversy at the ongoing India Al Impact Summit after Galgotias University was ordered to vacate its stall for allegedly showcasing a Chinese-made robot as an indigenous innovation.

time to read

1 min

February 19, 2026

The Statesman Kolkata

Shah at Mayapur hails ISKCON's global role in spreading Sanatan dharma

Union home minister Amit Shah on Wednesday said the International Society for Krishna Consciousness (ISKCON) has been playing a key role in carrying the flag of Sanatan Dharma across the world while serving mankind through relief work during calamities and a wide range of social welfare activities.

time to read

1 min

February 19, 2026

The Statesman Kolkata

Bhupender Yadav: Birth of three cheetah cubs recorded at Kuno National Park

Union Minister for Environment, Forest and Climate Change Bhupender Yadav today announced that Kuno National Park has recorded the birth of three cheetah cubs.

time to read

1 min

February 19, 2026

The Statesman Kolkata

Challenges India’s biggest trade deal faces

India’s biggest trade deal in two decades is not really about tariffs or geopolitics.

time to read

2 mins

February 19, 2026

Listen

Translate

Share

-
+

Change font size