The series of Israeli offensives against Gaza, which began on November 4, ended when Egypt's new President Mohamed Morsi brokered a ceasefire between Hamas and the Israeli government on November 13. The possibility of this ceasefire holding up, however, seems remote.
Courtesy: U.S. Navy
U.S. President Barack Obama will certainly have the benefit of continuity in his second term, but he has a range of impending crises to address immediately - be it to avert the so-called fiscal cliff before the end of the year when automatic cuts kick in or plan for the military drawdown from Afghanistan.
Courtesy: Pete Souza/The White House
Despite U.S. President Barack Obama’s re-election, a number of issues like the U.S.’s national debt, unemployment and the military withdrawal from Afghanistan need to be addressed. With these multiple national and global imperatives crowding his agenda, will Obama have any time for India?
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As the NATO troops prepare to pull out of Afghanistan in 2014, India is already positioned to take on a larger, pro-active role, which can radically alter the balance of power in South Asia. However, what will determine the future of security in the region, is how India and Afghanistan deal with Pakistan.
Rajat Gupta, former chief of McKinsey & Co., was sentenced to two years in jail for insider trading and a fine of $5 million. Whether that will send a deterrent message to corporate boardrooms, which prosecutors claim, is unclear.
Courtesy: VOA/WikimediaCommons
In a recent speech, U.S. Presidential candidate Mitt Romney criticised incumbent President Barack Obama's foreign policies, and called for U.S. supremacy. However, it seems apparent that Romney wouldn’t usher in a foreign policy revolution if elected.
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All the major economic forces in the world have come together in Africa in a new version of the Great Game. The competition for the continent’s resources will ultimately harm Africa unless Africa uses this opportunity to its advantage and to address its own serious problems.
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Traditionally, the South Pacific islands have been considered strategically insignificant. However, the need for resources, and the geopolitical shift towards Asia-Pacific have prompted nations to realize that these small island states control large resource-rich ocean areas and are increasingly geostrategic.
Courtesy: Secretary of Defense/Flickr
Ambassador Christopher Stevens, the U.S. envoy to Libya, was killed, following protests against a controvertial movie, titled 'Innocence of Muslims.' Is an anti-U.S. sentiment to be blamed for this violence? What consequences will this incident have on the U.S. policies towards Libya and Syria?
Courtesy: Foreign Affairs
Since weak demand is at the heart of the recession, governments need to enact stimulus programs along with structural reforms, argues Menzie Chinn. Structural reforms don’t always work out, writes Karl Smith. Raghuram Rajan demurs.