Courtesy: epSos.de/Flickr
The foreign exchange market is considered the most liquid and transparent in the world. However, recent investigations into alleged manipulation of the foreign exchange rates is a reminder that transparent exchange-based systems alone are not enough to ensure fairness
Courtesy: Systemman, Erin A. Kirk-Cuomo/Wikimedia Commons
The U.S. government shutdown and President Obama’s absence gave China immense diplomatic and political space at the APEC and East Asia Summit meetings. China’s declaration of a “de-Americanised” world may be premature but the crumbling old order is doing little to dispel this notion
Courtesy: Ministério da Saúde/Flickr
After revelations that the U.S.’s NSA spied on her, Brazilian President Dilma Rousseff has ordered a series of measures to ensure online independence and called for an equitable global internet infrastructure. India can follow Brazil’s lead and make its communication systems less vulnerable
Courtesy: Organisation for Economic Co-operation and Development/Flickr
In the face of a severe economic slowdown and an impending balance-of-payment crisis, the Indian business community has a clear opportunity to pull the country out of the current crisis. However, this can only achieved if the apex chambers of commerce restructure themselves
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The old Indian dream of upward mobility through education and enterprise is being replaced by the new one of leadergiri attained through the pursuit of raw money and muscle power, exercised through politics. It is deflecting young India from the virtuous path.
Courtesy: Paolo Rosa/Flickr
The September 28 run-off presidential election in the Maldives was postponed indefinitely by the country’s Supreme Court after allegations of ballot-rigging. However, national and international observers have said the elections were fair. Settling the political crisis in the Maldives may now require more than an election
Courtesy: United Nations
The recent UNSC Resolution, which mandates the complete destruction of Syria’s chemical weapons, demonstrates that after more than a year, a degree of international agreement on the Syrian issue has been possible. In the evolving situation, Russia will now emerge as a major player
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Earlier in September, Raghuram Rajan took over as Governor of the Reserve Bank of India for three years. While his entry has indeed alleviated the gloomy market environment in Mumbai, there’s more that needs to be done. How can Mumbai reclaim the natural cosmopolitan and intellectual legacy it once boasted of?
Courtesy: Office of the President of Iran
In recent days, both the U.S. and Iran have intimated that they seek a broad improvement in relations, signalling a welcome thaw in bilateral ties. What does this mean for Tehran and Washington, and more importantly, how will this development play out in the West Asian region?
Courtesy: Pete Souza/Wikimedia Commons
Since 2009, distraction and dysfunction in India and the U.S. resulted in low enthusiasm vis-à-vis bilateral ties. Indian Prime Minister Manmohan Singh, who met U.S. President Barack Obama, prior to the UNGA, had one last chance to salvage India-U.S. ties before the country goes to elections in 2014. Did he succeed?