The Economic Times

Post-war climate change: As the world witnesses accelerated US decline, can India not get caught flat-footed?

The West Asian war is set to accelerate America's decline and China's ascent. Europe may look up to the US no more. Nations will prioritise energy security, moving away from fossil fuels. The dollar's dominance is likely to weaken. A new blockchain-based currency, 'Bancor', could emerge, offering an alternative to dollar hegemony. China will bolster its electric technology leadership. India stands to benefit from escaping dollar sanctions.