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China and the Global Financial Crisis

The global financial crisis which had been brewing for some time began to unfold in the middle of 2008. Stock markets around the world have nosedived, large financial institutions have collapsed or been bought out, and governments of even the wealthiest nations have had to come up with rescue packages to rescue their financial systems. The crisis stemmed from the collapse of the US sub-prime mortgage market and the reversal of the housing boom in other industrialised economies.

The Need to Refine India’s Response to Terrorist Incidents

The November 2008 terrorist attacks in Mumbai which left more than 170 people killed and close to 300 injured did not conform to the pattern to which Indian security agencies have got accustomed to over a period of time. Except for the suicide attack on the CRPF Group Centre, Rampur (UP) at the beginning of 2008, terrorists had generally resorted to detonating improvised explosive devices in crowded places to cause maximum casualties.

The Post 26/11 Regional Strategic Predicament

Evidence gathered in the aftermath of by far the most deadly terrorist attack in Mumbai indicates conclusively that the attack was planned by the Pakistan based Lashkar-e-Toiba. The attack on Mumbai was executed by a well trained and indoctrinated suicide squad comprising of ten Pakistani terrorists. This testifies to the long gestation planning and preparation that can only have been made possible by the resources of a well established terrorist organization. The recruitment was from Punjab, training was in Pakistan-occupied Kashmir, and maritime training was conducted in Karachi.

Violence in Pakistan: Trend Analysis, October 2008

The number of violent incidents in Pakistan increased from 309 in September 2008 to 346 in October 2008. Yet, casualty figures decreased from 1342 to 1081.1 This shows that Pakistan’s security forces have succeeded in controlling the level of violence, even though current levels are still unacceptably high. 582 suspected militants, most of them from the North West Frontier Province (NWFP) were also arrested by the security forces during the month, in military operations as well as during searches in various areas.

Role of Intuition in Military Command

Historically, the use of intuition by commanders to anticipate events in battle to exploit fleeting opportunities has remained obscure. One likely reason is that it has not been a fashionable subject for the great military commanders to talk about, being outside the realm of a logical thought process. Recently researchers have begun to unravel the aura of mystery and give scientific explanations to intuition.

Oil Politics in the Bay of Bengal

Hydrocarbon rich Bay of Bengal seems to be emerging as another centre of oil politics. This was recently manifested by a standoff between Myanmar and Bangladesh, when Dhaka sent three naval vessels to stop Myanmar from conducting exploration activities in their disputed Exclusive Economic Zones (EEZs). The crisis has since been diffused, though it is far from over.

Obama and the Special Envoy to Kashmir

The dust might have settled on the US Elections with Barack Obama ensuring a place in history as the first African American President to occupy the White House. The moot question now is whether the dust will begin to fly in South Asia as the new Administration begins to formulate new policies with regard to the region. It is also inevitable that existing policies would also be modified to bring them in synch with the substantially different worldview of the Democratic Party which has reclaimed the White House after eight years.

The Gorshkov Deal: Beyond Economic Considerations

It has been reported that Russia has demanded US $3.5 billion from India for the aircraft carrier, Gorshkov, which is currently undergoing repairs. This is the second time that Russia has sought a price increase from the original contracted amount of $1.5 billion. Given the hike in its price and the further delay in the date of delivery, the deal has naturally attracted comment, with some people even questioning the very wisdom of having gone for the ship.