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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?
Frank Wisner, the legendary US diplomat who was not only President Barack Obama's special envoy to Egypt but also a former ambassador to India, discusses the outlook for Egypt, resolving the mayhem in the Middle East and India-Pakistan relations in a Gateway House exclusive.
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As the Arab world reinvents itself in real time, the rest of the world must begin to understand the region as something more than a source for oil and a market for armaments and consumer goods.
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There are more than Western interests at play in Egypt. The other catalysts for the unrest are a combination of Iranian adventures, hypocritical policies of West Asian regimes and resurgent commodity speculation in western markets, triggering a rise in prices of basic items in emerging markets
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Indo-US business dealings and the US Federal Reserve’s money-printing initiative may have saved Chinese President Hu Jintao the headache of explaining – to his American counterpart – China’s stealth fighter shocker, undervalued currency and giant trade surplus.
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Chinese President Hu Jintao’s visit to the US comes at a time when the geopolitical situation in Asia and the Asia-Pacific region is fluid - consequent to the US deciding to re-energise relations with countries in the region - and when Sino-US relations have been under some strain.
