The big U.S. downgrade: Folly or foresighted?
The downgrade of U.S. Treasury securities by Standard & Poor’s has once again brought the spotlight on rating agencies. There appears to be a political and economic flashpoint underlying this downgrade.
Courtesy: RyanLawler/Wikipedia
The downgrade of U.S. Treasury securities by Standard & Poor’s has once again brought the spotlight on rating agencies. There appears to be a political and economic flashpoint underlying this downgrade.
Courtesy: EmbassyofIndia,WashingtonDC
The job of forging partnerships while sustaining India’s interests is done by its ambassadors –and New Delhi has the unique distinction of sending two women ambassadors in a row to the US. A study of Indian envoy Meera Shankar’s tenure, and what awaits her successor –and former foreign secretary–Nirupama Rao.
Courtesy: Gateway House
This decade records a new trend for the Indian Diaspora: as the Indian economy registers strong growth, thousands return to India amidst growing employment and investment opportunities. But does India have the ability to effectively reintegrate them into society?
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The U.S. Justice Department is slowly but surely clamping down on Pakistani terrorist activities, as is evident not only by the recent arrest of Kashmiri propogandist Ghulam Nabi Fai but also in open claim that the ISI Security Directorate "overseas militant groups".
Courtesy: U.S.DepartmentofState/Flickr
The upcoming strategic dialogue between India and the U.S. could prove significant: deepening people-to-people ties via the diaspora and collaboration on regional solutions could also enhance bilateral ties. Can this dialogue turn out to be a game changer in India-U.S. relations?
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As the new head of the IMF, Christine Lagarde’s experience in cajoling world leaders will go some way in negotiating the European bailouts. The real challenge, however, will be trying to raise funds for anything as large as Italy.
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The 10-year old war in Afghanistan has reached a hazy stage as the U.S. announced a quicker withdrawal of troops, with NATO countries soon to follow. The South Asian region will undergo another makeover, hopefully opening doors for New Delhi and Islamabad.
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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.
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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?
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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.