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: TheU.S.Army/Flickr
The 10-year old war in Afghanistan has reached a hazy stage as the U.S. announced a quicker withdrawal of troops, with NATO countries soon to follow. The South Asian region will undergo another makeover, hopefully opening doors for New Delhi and Islamabad.
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Despite their economic downturns, domestic tensions keep developed countries from embracing the revitalizing potential of foreign workers. Ambassador Neelam Deo argues that India should continue to leverage its history of diversity and capitalize on a world more open to the free flow of goods and services.
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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?
Courtesy: WorldEconomicForum/Flickr
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.
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Even ardent supporters of Pakistan are unable to explain to Washington, and indeed the rest of the world, how Osama Bin Laden lived in a mansion with the Pakistani military and ISI as his neighbours. The implications on US-Pak relations are likely to be heavy.
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Osama Bin Laden’s death may not have an immediate effect on Al Qaeda’s ability to conduct operations nor may it deter the ‘democratic’ protests of the Arab Spring. Pakistan though, will now have to answer to global questioning and may reshuffle its stance with the Taliban and other terrorist groups.
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The circumstances involved in the execution of Osama bin Laden make clear the connections between the Pakistan military and the Taliban-Al Qaeda. Will it finally slow the U.S. descent down the Wahabi-friendly trail?
Courtesy: Lear21,ThomasWolf/Wikipedia
Germany’s abstention on the UN Resolution on Libya heralds the mellowing of a nation blamed for last century’s most catastrophic wars. This time, Berlin may determine the history of Europe by choosing to pursue its national interests peacefully rather than subjugating an entire populace.
Courtesy: Katrina.Tuliao/Flickr
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?