Courtesy: www.kremlin.ru/Flickr
In a reversal of historical roles, the BRICS nations may be coming to Europe’s rescue. During the Asian Financial Crisis, the International Monetary Fund (IMF) introduced structural adjustments in return for IMF loans, and many institutions and individuals went bankrupt. Will it be any different now?
India’s relations with Russia have to be set against the broader strategic landscape of India’s security issues and geopolitical priorities, especially in Central Asia and Afghanistan, where Russia is a key player. An increase in private sector initiatives can also ensure greater cooperation in the years to come.
Courtesy: PMO
Indian Prime Minister Manmohan Singh’s visit to Dhaka was, by and large, a success; but poor internal coordination hampered the greater possibilities of the visit. India and Bangladesh can now explore new prospects, on maritime issues, oil and gas and environmental concerns in the Sundarbans.
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A decade after 9/11, the U.S. has prevented further terrorist attacks - a major achievement. But with a $1.3 trillion budget deficit, a debt downgrade, and 24 million Americans searching for jobs, the U.S. needs to attend to matters at home rather than intervening in the world's affairs.
Courtesy: WorldEconomicForum/WikimediaCommons
While the U.S. political leadership is stuck with extreme positions led by the Tea Party, India’s politicians do not seem to have a position at all. It is imperative for India’s political leadership to exercise prudent fiscal leadership to ensure that economic growth is balanced and equitable.
Courtesy: RyanLawler/Wikipedia
The downgrade of U.S. Treasury securities by Standard & Poor’s has once again brought the spotlight on rating agencies. There appears to be a political and economic flashpoint underlying this downgrade.
Robert O. Blake, U.S. Assistant Secretary of State for South and Central Asian Affairs, spoke to Manjeet Kripalani in an exclusive interview about the role of the Indian diaspora in the U.S. in fostering bilateral engagement between India and the U.S.
Courtesy: WorldEconomicForum/Flickr
As the new head of the IMF, Christine Lagarde’s experience in cajoling world leaders will go some way in negotiating the European bailouts. The real challenge, however, will be trying to raise funds for anything as large as Italy.
Courtesy: Gateway House
This paper examines the political & economic landscape of North East India and explains how diplomacy, policing and development brought peace to Assam and the North-East
Courtesy: dilmarousseff/Flickr
As Europe stands united in its support for France's Finance Minister Christine Lagarde as a candidate to head the International Monetary Fund, many have begun to question if BRICS is truly an effective and united bloc. Will they be able to put forth a candidate all emerging countries can support?
