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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?
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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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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 Navy, Coast Guard, Police and maritime companies now encounter new threats, as piracy threatens the Indian seas and our trade routes. This calls for a united approach in combating threats and even more so, for a single governing body for maritime issues.
Courtesy: UNPhoto/MarcoCastro
As the newest entrant of the BRICS group, South Africa's unpredictability in upholding the human rights dimension of its foreign policy agenda, by its stance to impose a ‘no fly zone’ over Libya, has brought about an incoherency between the BRIC countries and South Africa.
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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The Chinese National People's Congress has formulated a new five year plan that directs Chinese companies to assert themselves globally, proposes government involvement in "certain aspects of the economy related to social stability, such as inflation, public opinion, and the food supply."
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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.
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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.
Courtesy: NinaAldinThune/Wikimedia
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
