Politics increasingly trumps economics in present era: Jaishankar

KOLKATA, Nov 29: External Affairs Minister S Jaishankar on Saturday said politics increasingly “trumps” economics in the present era. Jaishankar was addressing a gathering after being conferred Honorary Doctorate by IIM-Calcutta at its campus here. “This is an era where politics increasingly trumps economics… and that is not a pun,” he said. “The United States, long the underwriter of the contemporary system, has set radically new terms of engagement. It is doing so by dealing with countries on a one-on-one basis,” Jaishankar said. He also said that China has “long played by its own rules”, and is doing so even…