Britain’s Asia Comeback?

If you believe the rhetoric, Britain is coming back as a security player in Asia. It may not be exactly a reversal of the 1971 East (from London’s perspective) of Suez withdrawal. But on January 18th British Defense Secretary Philip Hammond and Foreign Secretary William Hague are due to visit Perth, Western Australia, to talk […]

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The Global Indian

No other country has anything like it – an annual jamboree of its diaspora, conducted with great fanfare by its government. India has been doing it, with great success, for a decade, timed to recall the return to India of the most famous Indian expatriate of them all, Mahatma Gandhi, who alighted from his South […]

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A Second Chance for European Reform

The European Central Bank has managed to calm the markets with its promise of unlimited purchases of eurozone government bonds, because it effectively assured bondholders that the taxpayers and pensioners of the eurozone’s still-sound economies would, if necessary, shoulder the repayment burden. Although the ECB left open how this would be carried out, its commitment […]

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The Good Ship ‘Tory Party’ Is Finished

It is quite clear to any thinking person that the Tory Party is now a corpse. Any idea that David Cameron could or would revive it must have died at the Rotherham by-election. This astonishing result must surely be the most humiliating treatment of a major political party in modern history. The ‘Conservative’ candidate came fifth. […]

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Afghan Warlords Regrouping

One of the most powerful mujahedeen commanders in Afghanistan, Ismail Khan, is calling on his followers to reorganise and defend the country against the Taliban as Western militaries withdraw, in a public demonstration of faltering confidence in the national government and the Western-built Afghan National Army. Mr. Khan is one of the strongest of a […]

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The Myth of the Exploding Welfare State

Five years have passed since the advent of the current crisis, and while the beast has since morphed from a financial crisis into a confidence and debt crisis, some mantras have become so deeply engrained into our collective psyche after loud proclamations and endless repetitions that they feature is almost any discussion about the future […]

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Is A Revolution In Economic Thinking Under Way?

Four years after the start of the Great Recession, the global economy has not recovered, voters are losing patience and governments around the world are falling like ninepins. This is a situation conducive to revolutionary thinking, if not yet in politics, then maybe in economics. In the past few months the International Monetary Fund, previously […]

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Can the U.N. Security Council Reform?

As the rebellion in Syria languishes on with little attention from the international community, aconfidential report authored by the U.N. Security Council’s Group of Experts was leaked to Reuters. This is not the first time such a “leak” has occurred, which implicates the credibility of the Group of Experts or the U.N. itself. The report allegedly confirms […]

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