Buying Alaska

One hundred and fifty years ago, Russia and the United States agreed to swap the northwestern corner of the continent for $7.2 million, ending imperial Russia’s involvement in North America. At about two cents an acre, the Alaska purchase was a pretty good deal. Read Here – JStor Daily

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The Keystone Kops In The White House

“My fellow-Americans,” Donald Trump said in his weekly address on Friday, “It’s an exciting time for our country. Our new Administration has so much change under way— change that is going to strengthen our Union and improve so many people’s lives.” It’s exciting, all right; in fact, it is hard to look away. Just when you think things […]

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Pakistan Wrestles With Growing ‘Chinese Corridor’ Debt

Two international lending institutions and Pakistan’s central bank have raised concerns about the debt burden of a huge China-led infrastructure program on the country’s improving but fragile finances. Surging Chinese imports for the initiative, known as the China-Pakistan Economic Corridor program, have complicated Pakistan’s balance of payments problems during its second year of economic recovery […]

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What a World Led by China Might Look Like

Next week, Chinese President Xi Jinping will travel to the United States to meet Donald Trump for the first time. But according to Gideon Rachman, the chief foreign affairs commentator for the Financial Times, power is flowing in the opposite direction. Read Here – The Atlantic

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China, India Can Help Boost South Asian Development With Benign Competition

India is in a period of rapid economic development, but the nation has not been as generous as its neighbouring countries hoped it would be in providing financial assistance to underdeveloped areas and promoting regional integration. A yawning infrastructure funding gap in South Asian countries creates space for China and those nations to strengthen economic […]

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Israel-India Alliance Based On Strategic Interests And Mutual Concerns

Israel and India probably do not have what amounts to a strategic alliance, but the two nations have many converging concerns and interests, since both are living in a dangerous environment. The economic relationship between the two countries is impressive when seen in isolation but disappointing by international comparison. Bilateral trade increased from virtually zero […]

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