A salient feature of Iran’s foreign policy is its ability to build influence where least expected. With the ascent to power of Sunni Islamists throughout the region, and Iran‘s support of the military campaign in Syria, many have argued that Iran’s regional standing is in decline. But the opposite assessment needs to be taken seriously. […]
The World Bank cut its global growth forecast for this year as austerity measures, high unemployment and low business confidence weigh on economies in developed nations. The Washington-based bank projects the world economy will expand 2.4 percent, down from a June forecast of 3 percent, after growing 2.3 percent in 2012. It halved its forecast for Japan, cut […]
The global economy was not the only casualty of the 2008 financial collapse. The crisis also soiled the reputations of many in the financial industry and of the regulators, political leaders, and media outlets that were supposed to keep them in check. So William Silber’s new biography of Paul Volcker, one of the last remaining […]
FRANCE’S decision on January 11th to begin air strikes against Islamist rebel positions in northern Mali, designed to prevent “the establishment of a terrorist state” in the African Sahel, contained elements of both surprise and familiarity. The surprise was that François Hollande, the president, a Socialist leader not known for decisive action and untried in foreign […]
When the Pentagon launched its much-anticipated “Strategy for Operating in Cyberspace” in July 2011, it appeared the US military was interested only in protecting its own computer networks, not in attacking anyone else’s. “The thrust of the strategy is defensive,” declared Deputy Secretary of Defense William Lynn. The Pentagon would not favor the use of […]
Elections make for responsive and accountable governments, or so goes the truism. But can they also achieve the opposite — that is, encourage complacency, even callousness, among elected representatives? Last month’s headlines from India and China present a disquieting contrast between elected and unelected governments for anyone committed to democratic politics. Read Here – Bloomberg
A shy boy with filthy hands and a shabby tunic approached the great man, bowed and tried to kiss his hand. Gen. Matiullah Khan was seated like a sultan on a cushion in his hojra, his airy receiving room. He barely looked at the boy. He nodded to an aide, who withdrew a thick wad of Pakistani […]
IN HUNAN province last August, Tang Hui was sentenced to 18 months in a labour camp. Her crime was to demand tougher sentences for the men who had kidnapped and raped her 11-year-old daughter. In days gone by, Ms Tang would simply have disappeared. In the age of the microblog, thousands of incensed middle-class people […]
The world’s food crisis, where 1 billion people are already going hungry and a further 2 billion people will be affected by 2050, is set to worsen as increasing heatwaves reverse the rising crop yields seen over the last 50 years, according to new research. Severe heatwaves, such as those currently seen in Australia, are expected to […]
“We are moving away from a U.S. – or Europe-led world to a world led by China,” writes Stephen King, Chief Global Economist at HSBC in a report. HSBC’s Emerging Market Index for the last quarter of 2012 tells investors to think of the global economy in terms of “two separate narratives.” The first is the “old world” […]
looking beyond borders 