Leadership changes in China, Japan and South Korea along with the United States have marked another tumultuous year for the Asia-Pacific region. With 2013, the Year of the Water Snake in Chinese mythology, around the corner, what might be in store for the region’s economy? According to “feng shui experts” quoted byMalaysia’s top-selling daily The Star, the […]
Will the eurozone crisis end in 2013, or will it drag on throughout the year, and perhaps even deteriorate anew? This is likely to be not only the crucial question for the European Union’s further development, but also a key issue affecting the performance of the global economy. While the EU clearly needs internal reforms, two […]
Barack Obama just can’t get enough out of Joe Biden these days. And anybody who’s been following Biden’s steady ascent in stature over the last several years — from gaffe-happy presidential contender to one of the most powerful vice presidents in U.S. history — couldn’t be less surprised. Perhaps the only surprise at all is […]
This month, the United States National Intelligence Council released a sobering report entitled Global Trends 2030: Alternative Worlds. Most important, according to the authors, if current trends continue, Asia could soon surpass North America and Europe in global power. It will have a higher GDP, larger population, higher military spending, and more technological investment. In this […]
Not so long ago the question how to deal with China was an evolving conundrum. It is real now. As real as an elephant — looming large over all that it views, with a large appetite and largely prepared for a fight but peaceful until provoked. And just like the pachyderm, feared. In an increasingly […]
North Korean leader Kim Jong-un called for an end to confrontation between the two Koreas, technically still at war in the absence of a peace treaty to end their 1950-53 conflict, in a surprise New Year‘s broadcast on state media. The address by Kim, who took power in the reclusive state after his father, Kim […]
Persistent efforts by multiple western players finally paid off. The Taliban and the Kabul government met officially in Chantilly, a suburb of Paris, on December 20 and 21 under the aegis of a French think tank called the Fondation pour la Recherche Strategique. The Taliban was represented by senior leaders Shahabuddin Dilawar, former Taliban ambassador […]
AMERICA, it appears, will go over the fiscal cliff after all, if only for a few days. But if all goes as planned, the worst of the cliff, a withering combination of tax increases and spending cuts, will be avoided. A deal nearing completion in the Senate would make permanent the tax cuts first enacted […]
For the last 60 years or so, the relationship between the US and the Gulf states can be likened to a Catholic marriage. Both were in need of each other and kept supporting each other in times of difficulty. During the oil crisis, the Gulf states came to the help of the world economy by […]
Ever since President Barack Obama announced on 21 December that John Kerry would succeed Hillary Clinton as the new US Secretary of State, much has been written in the Indian sub-continental press that the 69-year-old five-time Senator from Massachusetts has a tilt towards Pakistan and won’t be India’s friend. One reason given to “prove” this […]
looking beyond borders 