Rajat Gupta, former chief of McKinsey & Co., was sentenced to two years in jail for insider trading and a fine of $5 million. Whether that will send a deterrent message to corporate boardrooms, which prosecutors claim, is unclear.
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Domestic issues like jobs and the housing market were front-and-centre during the third round of the U.S. presidential debates. Though the positions taken bears limited resemblance to what will happen in the real, post-election world, the outcome of the elections is bound to affect the world in big and small ways.
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During the final weeks leading up to the U.S. Presidential elections, moderate views don't seems to count. Though foreign policy was included in the debate, it was confined mostly to China and the Middle East. Both candidates are looking to be one step ahead to win the last of the undecided voters.
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The ability of the slowly recovering U.S. economy to get people employed is more important to American voters than anything else. However, surprisingly, terrorism and the direction of American foreign policy have become a much larger factor in the U.S. Presidential debates.
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A short analysis by Gateway House on the second U.S. Presidential debate and the closing window of undecided voters in the country.
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In a recent speech, U.S. Presidential candidate Mitt Romney criticised incumbent President Barack Obama's foreign policies, and called for U.S. supremacy. However, it seems apparent that Romney wouldn’t usher in a foreign policy revolution if elected.
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The biggest change in the first U.S. presidential debate for 2012 was the way both Barack Obama and Mitt Romney moderated differences about government and the private sector. Foreign policy came up only briefly, but it will be a theme during the next round of debates later this month.
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All the major economic forces in the world have come together in Africa in a new version of the Great Game. The competition for the continent’s resources will ultimately harm Africa unless Africa uses this opportunity to its advantage and to address its own serious problems.
As India looks to diversify its sources for energy imports and grapples with food security issues, it is looking more towards Latin America. Gateway House interviews Ambassador Deepak Bhojwani to discuss India’s prospects with this increasingly significant region.
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Traditionally, the South Pacific islands have been considered strategically insignificant. However, the need for resources, and the geopolitical shift towards Asia-Pacific have prompted nations to realize that these small island states control large resource-rich ocean areas and are increasingly geostrategic.
