Courtesy: World Economic Forum/Flickr
After the $2 billion loss reported by JP Morgan, one of the four U.S. mega banks, the odds for regulation may be better now. The sentiment is global: banks in Europe have already faced a small backlash, and the prevailing opinion in parts of Asia is not whether there would be another financial crisis, but when.
Courtesy: Wikimedia Commons/Gunkarta
As India and the world welcome the recent democratization of Myanmar, this presents India an opportunity to increase its access to South East Asian countries as well, especially with members of ASEAN which still have catching up to do – particularly Cambodia, Laos, Myanmar and Vietnam.
Courtesy: Wikimedia Commons/Tage Olsin, Hofres
Few people know that Sweden was severely affected by the 2008 global economic crisis. However, the Swedish government adopted prudent fiscal and monetary policies to overcome the situation. The author discusses the factors that helped Sweden to acquit itself so creditably in the most challenging of circumstances.
Over the last few years Qatar has actively participated in world affairs by holding the Presidency of multilateral organizations, hosting international institutions and investing significantly in foreign markets. What does Qatar hope to achieve from its rising profile and its growing role in international affairs?
Courtesy: Wikimedia Commons/Htoo Tay Zar
The West is quick to claim that their sanctions against Myanmar have forced the government to implement political and economic reforms in the country. However, such bans do not usually achieve their stated purpose of forcing regimes to change their behavior.
Courtesy: U.S. Department of Defense
An important take-away from the preliminary pact reached by Kabul and Washington is that unlike the 1990s, the Americans are not just packing their bags and leaving. This is good news in terms of regional stability, and the upcoming NATO summit may answer some questions this draft agreement raises.
Courtesy: LGEPR
With turmoil in the Middle East, a drawdown in Iraq and Afghanistan, the Iran-Israel-U.S. conflict, the international community has paid little attention to the democracy of a small group of people - the Bahrainis. More worrisome, however, is that politics now responds to the elite.
Courtesy: Flickr/freeedomania
By forcing regime change in Libya, and attempting the same in Syria, and by promiscuously arming disparate groups of Wahabbis and Salafists to achieve this aim, NATO is creating more room for instability in the region. What Syria needs is engagement, not isolation; it needs dialogue and not the arming of rebels.
Courtesy: Ministry of Defence, India
India must revisit the need for a unified command structure, to effectively use the enormous combat power it is developing at such astronomical cost. A balanced force-restructuring based on operational needs can enable the armed forces to project itself as a single, viable, effective war machine.
The scope for any process on nuclear talks with Iran to founder on distrust, misunderstanding and political in-fighting in both Tehran and Washington remains formidable. Equally disturbing are the wider political realities. Can the upcoming talks in Istanbul launch a process that can, over time, lead to agreement?