Throughout the history of capitalism, economic bubbles have been commonplace. They have emerged wherever liquid financial markets exist. The range challenges the imagination: from the iconic tulip bulb bubble, to gold and silver mining bubbles, to bubbles around the debt of newly established countries of unknowable wealth, to — again and again — real estate […]
For siblings of China’s Bo Xilai, the dramatic trial they witnessed in the courtroom over the past week was probably a nightmarish déjà vu. Read Here –
Is Obama irredeemably weak? The answer, I’m afraid, is yes, he is. He has been weakened by recent history: the disasters of Vietnam, Iraq, Afghanistan. But sometimes, as in this instance, history teaches us nothing but fear. Read Here – WorldAffiarsJournal
Saudi Arabia usually adopts policies that match its regime’s conservative nature. It is a regime that is resistant to internal change and to revolution — any revolution in any Arab country. Read Here – Al Monitor
In May this year, Japan, China, India, South Korea, Singapore and Italy were admitted as permanent observers to the Arctic Council—a forum bringing together the eight Arctic member states (United States, Canada, Norway, Denmark (via Greenland), Russia, Sweden, Finland and Iceland), indigenous Arctic populations, and other interested parties to discuss a range of issues posed in this […]
India‘s emphasis on the Karzai government, while principally sound, is problematic on the ground. While remaining dedicated to the strengthening of the central government of Afghanistan, India must constructively engage political groups outside the government. This will be key to safeguarding its material and strategic interests in Afghanistan, regardless of how things unravel post 2014. […]
Media home and abroad have hailed the openness and transparency showed by real-time online broadcasts and updates from Bo Xilai‘s trial in an east China court. The public also generally believe that this showcases the Communist Party of China‘s (CPC) resolve in combating corruption and that the move represents historic progress for the rule of law […]
WASHINGTON: The US-China rivalry is today’s defining geostrategic competition. Washington is currently the biggest kid on the block, and Beijing is the strapping new boy who just moved into the neighborhood. A rivalry was almost inevitable. And there’s growing evidence that the other kids on the street expect that one day there will be a […]
Over the next decade, a massive wave of new oil and gas discoveries will transform Africa. If the resource curse plays out as it usually does, this oil boom will only serve to entrench authoritarian rule and inhibit democracy. Unless, that is, African governments embrace a radical approach: handing a large share of the new […]
At least in the Maldives, the Manmohan Singh government has sought to correct its botched analysis of the political situation. Across the rest of South Asia, Delhi has so clearly lost its nerve that it has failed to project the leadership that is expected of it. Worse, by taking the path of least resistance, the […]
