The big U.S. downgrade: Folly or foresighted?
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.
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.
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.
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?
With the post for the head of the International Monetary Fund up for grabs, the emerging market countries are yet to unite and provide a suitable candidate who receives formidable support for his or her candidature. China, however, may boldly question the status quo and step ahead.
The India-Africa Conclave and other such platforms of interaction have played a pivotal role in engaging Africa with India’s growth story. Various Indian investments in agriculture and infrastructure, totalling over $20 billion, are soon to boost Africa's economies.
Indian Prime Minister Manmohan Singh met with Kazakh President Nazarbayev to strengthen ties and announced a Joint Action plan for 2011-14. Should the countries enhance their “arms-length transactional” relationship, a deeper alliance can be forged to include untapped sectors with immense potential
The 2008 financial collapse has economists pondering over the stability of global economies and the ability of those with financial power to maintain their wealth. If such a situation recurs, who will be held accountable?
The India-Kazakhstan relationship is in need of a massive overhaul. Manmohan Singh’s visit to Astana is full of possibilities that can transform the relationship from a short-sighted association into a broad-based, strategic, long-term one focusing on energy, security, trade and technology.
The impact of the earthquake and subsequent tsunami on Japan could be graver than imagined but it’s an opportunity for Prime Minister Kan to take decisive action and strengthen his administration.
An explosive new article in a Chinese Communist Party magazine outlines Beijing's potential response to the United States' anti-China activities. The commentary is a warning to any country party to these counter-China tactics.