As head of reformist party Pakistan Tehreek-e-Insaaf (PTI), Khan has emerged as the political curveball and popular favorite for the PM seat. Khan’s bold political platform provides sanctuary to those in Pakistan who have long associated government with the country’s deteriorating state. As the opposition frontrunner to incumbent Zardari, Khan is selling “hope” and “change” […]
The ascendance of the emerging markets was supposed to be brought into sharp relief as the world recovered from the financial crisis. But since they peaked in late 2007, the BRICs—Brazil, Russia, India, and China, the supposed core of the emerging-market dynamo—have on a total-return basis vastly underperformed the U.S.’s Standard & Poor’s 500-stock index. […]
The 193-nation U.N. General Assembly on Tuesday overwhelmingly approved the first treaty on the global arms trade, which seeks to regulate the $70 billion business in conventional arms and keep weapons out of the hands of human rights abusers. The official U.N. tally showed 154 votes in favor, 3 against and 23 abstentions, though diplomats […]
We have had enough of this ridiculous, two-year-old question: Did the Arab Spring have any impact on the six Arab Gulf states of Saudi Arabia, Kuwait, Bahrain, Qatar, Oman and the UAE? The one-word answer is an emphatic yes. Obviously these states not only survived the tough challenges of the two-year-old Arab Spring, but also […]
The world’s task in addressing North Korea’s saber rattling is made no easier by the fact that it confronts an impoverished and effectively defeated country. On the contrary, it is in such circumstances that calm foresight is most necessary. The genius of the Habsburg Empire’s Prince Klemens von Metternich in framing a new international order after […]
There are many reasons that the fate of Cyprus is being followed so closely in Britain. One is sympathy for those who are about to pay the price for the sins of a banking sector that was at one point seven times the size of the island’s economy. Another is shock at how the island, […]
Western Australia’s energy boom has seen the state outpace the rest of Australia in job creation and economic growth, helping the conservative Liberal-National coalition comfortably win re-election. The state’s traditional secessionist sentiment has been fuelled by Premier Colin Barnett, who has demanded a greater share of tax revenues from the federal government in Canberra. Read Here – […]
Hooshang Amirahmadi is not your typical candidate for the Iranian presidency. A tenured professor of public policy at Rutgers University in New Jersey and a decidedly snazzy dresser, Amirahmadi is literally worlds away from the man he hopes to succeed: the virulently anti-American Mahmoud Ahmadinejad. But the fact that he hasn’t lived in Iran for nearly […]
Who do they think they are, these upstart economies, Brazil, Russia, India, China and South Africa? That might sum up the feeling in the U.S., Europe and Japan as the BRICS nations consider a new development bank that might challenge the World Bank and International Monetary Fund. The move brings to mind Alice Amsden, the Massachusetts Institute of Technology economist who died last […]
Greek society has been radically transformed by years of austerity and cutbacks. It is now decaying before our eyes – and it’s pulling the country’s democratic system along into the abyss. Read Here – The European
