brics bailing out europe piece Courtesy: www.kremlin.ru/Flickr
23 September 2011

BRICS bail-out of Europe: A far cry

In a reversal of historical roles, the BRICS nations may be coming to Europe’s rescue. During the Asian Financial Crisis, the International Monetary Fund (IMF) introduced structural adjustments in return for IMF loans, and many institutions and individuals went bankrupt. Will it be any different now?

9,11 photo Courtesy:
7 September 2011

America: Ten years after 9/11

A decade after 9/11, the U.S. has prevented further terrorist attacks - a major achievement. But with a $1.3 trillion budget deficit, a debt downgrade, and 24 million Americans searching for jobs, the U.S. needs to attend to matters at home rather than intervening in the world's affairs.

schengen spirit of openness Courtesy: FourthFloor/Flickr
23 June 2011

The Schengen spirit of openness

Despite their economic downturns, domestic tensions keep developed countries from embracing the revitalizing potential of foreign workers. Ambassador Neelam Deo argues that India should continue to leverage its history of diversity and capitalize on a world more open to the free flow of goods and services.

brics leaders_210x140 Courtesy: dilmarousseff/Flickr
6 June 2011

BRICS: Convergence or dissonance?

As Europe stands united in its support for France's Finance Minister Christine Lagarde as a candidate to head the International Monetary Fund, many have begun to question if BRICS is truly an effective and united bloc. Will they be able to put forth a candidate all emerging countries can support?

christine lagarde_380x270 Courtesy: WorldEconomicForum/Flickr
31 May 2011

The IMF: Emerging economies aren’t ready for prime time

With the post for the head of the International Monetary Fund up for grabs, the emerging market countries are yet to unite and provide a suitable candidate who receives formidable support for his or her candidature. China, however, may boldly question the status quo and step ahead.

bob dowling financial crisis_210x140 Courtesy: Katrina.Tuliao/Flickr
21 April 2011

How powerful are the world’s bankers?

The 2008 financial collapse has economists pondering over the stability of global economies and the ability of those with financial power to maintain their wealth. If such a situation recurs, who will be held accountable?

Durova Wikipedia Courtesy: Durova/Wikipedia
16 March 2011

Japan: A model of resilience

Japan has always been the quickest to extend relief to any country facing a humanitarian crisis. In the wake of its cataclysmic earthquake and subsequent tsunami, the former Indian Ambassador to Japan hopes that India can extend the same measure of compassion to a country that is celebrated for its resurgence.