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: 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.
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?
Courtesy: PMO
Although political discourse around Iranian sanctions is binary and stark in Washington, the reality of India's actions within its bilateral framework with Iran is complex. India is engaged in an excruciating tightrope walk, and has to defend its choices and compulsions with ardour.
Courtesy: Saurabh Das/AP Photo
The 4th BRICS Summit in New Delhi has brought a new dimension to emerging markets. The author explains why the summit was perhaps the most significant of the BRICS meetings so far – and one that should have the developed world really worried about their eroding position at the top of the global heap.
Courtesy: PMO
India seems to be treading down the path of fruitless populism that has crippled many countries in the past, most notably in Latin America. Can populism be channeled to produce tangible and sustainable results?
Courtesy: Brasília-DF
Brazil and India’s commonalities are truly striking – multi-party coalitions, strong regional powers, and pressures between the executive, legislative and judicial pillars – and bilateral ties have recently acquired greater content. Can Brazil’s President Dilma Rousseff’s visit give bilateral ties a further boost?
India and Brazil have declared inclusive development an imperative and have engineered creative solutions to meet their developmental challenges. But both also face many obstacles to equitable development. Can the upcoming BRICS Summit in New Delhi help drive a new development agenda?