China’s Leaders Plan Government Revamp as Xi Set to Take Reins

China’s new leaders will this week consider plans to revamp the central government as part of efforts to streamline bureaucracy and boost an economy that’s recovering from the slowest growth in 13 years. The Communist Party’s 25-member Politburo endorsed draft reforms that will be discussed by the broader Central Committee on Feb. 26-28, the official Xinhua News Agency reported […]

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David Cameron’s Bad Date in Delhi

Suddenly India is being wooed again. In the space of a few days, both François Hollande and David Cameron have turned up on its doorstep with palms outstretched in the search for business contracts. It will have come as a soothing balm to an Indian government facing increasing disillusion at home and growing cynicism on […]

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Shinzo Abe Is Brave, But Is He Wise?

Japan’s new prime minister, Shinzo Abe, is proposing a bold departure for his country’s economy. He’s mostly right. Japan continues to underperform, and bad macroeconomic policy has been the main reason. Abenomics isn’t riskless or easy, however. The government will have to be wise as well as brave. Abe advocates what he calls a “three arrows” […]

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Preparing for a visitor from Paris

French President Francois Hollande, accompanied by his journalist-partner Valerie Trierweiler, several senior ministers and an impressive business delegation arrives in New Delhi on February 14, Valentine’s Day, for a two-day state visit that will take him to the Capital and Mumbai. Read Here – The Hindu

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US And Its 11 Million People Problem

The United States is on the threshold of comprehensive immigration reform. Between the president and the coalition in the Senate, it looks likely it will pass, which means that within a few years we shall have 11 million new Americans with full voting rights. What will their emergence from the shadows do to our economy? And, perhaps […]

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Why Russia Has Trouble Attracting Investors

Recently, Moscow Times columnist Yulia Latynina showed how differently the wealthy in the U.S. and Russia use their fortunes. She listed a dozen U.S. robber barons, captains of industry and financiers who founded major universities, libraries and museums. Meanwhile, in Russia, where the number of billionaires is now second only to that of the U.S., the wealthiest mainly buy soccer clubs. Read Here – Moscow Times

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Life in a G-Zero World

The nature of world politics has changed more rapidly in the past four years than anyone expected. From the fall of the Berlin Wall up to the financial crisis of 2008, the United States had enjoyed a unprecedented period of hegemony. A decade ago, the US defense budget by itself was larger than the combined […]

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