Zoellick’s very broad umbrella of pragmatism includes figures such as Thomas Jefferson, Woodrow Wilson, and Richard Nixon. He also writes about arbitration and international law, for which Elihu Root was awarded the Nobel Peace Prize; about Cordell Hull’s trade diplomacy and reciprocal trade agreements; and about Vannevar Bush’s work on science, innovation and technology in foreign policy. What makes the book interesting is the rich detail. It begins with Benjamin Franklin’s momentous visit to France to sign two treaties that would recognise the new republic of the United States. Franklin wore “a worn blue coat of Manchester velvet” to the meeting with the French foreign minister. It was the same suit that the “first diplomat” of the United States had worn when he had been humiliated four years earlier by the Privy Council in Britain. “Diplomacy includes settling scores,” notes Zoellick. … [Read more...] about ‘America in the World: A History of U.S. Diplomacy and Foreign Policy’ review: America’s role in the world
Make my trip foreign packages
Pelosi says U.S. House committees to work on COVID-19 relief package next week
"Economists don't always agree, but I think there is a consensus now: Without further action, we risk a longer, more painful recession now -- and long-term scarring of the economy later," Yellen said at her confirmation hearing virtually held by the Senate Finance Committee. … [Read more...] about Pelosi says U.S. House committees to work on COVID-19 relief package next week
Moon Sacks Loyal Foreign Minister
At first Kang had not been considered for replacement in the current reshuffle, and ministry insiders expected her to continue until Moon's five-year term ends in 2022. Observers believe things changed after the North Korean leader's powerful sister, Kim Yo-jong, threw a tantrum last month when Kang cast doubt on the North’s claim to be completely free of coronavirus. … [Read more...] about Moon Sacks Loyal Foreign Minister
Celebrations at Dalal Street; Sensex crosses 50k mark for the first time
The BSE barometer of top 30 firms, S&P BSE Sensex, reached the 50,000-mark for the first time on Thursday, hitting a record high of 50,140 in opening deals. The market capitalisation of listed firms on the BSE, too, touched a record high of Rs 199 trillion.Sensex’s journey from 45,000 to 50,000 currently is the fastest 5,000-point rally in the history of Dalal Street’s oldest equities index and was completed in just 48 days. It’s run from 40,000 to 45,000 levels took 561 days to accomplish.According to experts, Foreign Portfolio Investors have been the main driver behind the market rally in India. After the initial bout of selling in the earlier part of 2020, FPIs have been consistently buying Indian equities so far. As per the data available with the NSE, In the year 2020, FPI made a net equity investment of Rs 1.5 lakh crore into the Indian market.Vijay Chandok - MD & CEO, ICICI Securities said- "Sensex crossing the important milestone of 50,000 is a telling … [Read more...] about Celebrations at Dalal Street; Sensex crosses 50k mark for the first time
FM: Chinese vaccines to aid Myanmar
The country will also be co-chair of the Lancang-Mekong Cooperation mechanism as well as the chair of the consultations on the Code of Conduct in the South China Sea, an expected agreement to help preserve peace and order in the region. … [Read more...] about FM: Chinese vaccines to aid Myanmar