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?

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.

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.

Lear 21 Wikipedia Courtesy: Lear21,ThomasWolf/Wikipedia
22 April 2011

Germany: Charting its own course

Germany’s abstention on the UN Resolution on Libya heralds the mellowing of a nation blamed for last century’s most catastrophic wars. This time, Berlin may determine the history of Europe by choosing to pursue its national interests peacefully rather than subjugating an entire populace.

UN Photo Marco Castro_210x140 Courtesy: UNPhoto/MarcoDormino
12 April 2011

New trends in the management of upheaval

A new United Nations doctrine is revolutionising the manner in which Western powers achieve regime change. Under the pretext of “Responsibility to Protect” –as the doctrine is named –armed intervention does not depend on the aspirations of a populace but the facilitation of existing power equations