Global Financial Crisis: Is there a Way Out?

President Bush will host the first ever financial summit of the G-20 on November 15, 2008 in Washington to discuss the current global financial crisis which threatens the economic and political stability through out the world. The crisis comes on the heels of an economic crisis in the global economy in the first half of 2008 which was characterised by a record level of oil prices, global food shortages, high inflation and rising inflation in most countries.

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Violence in Pakistan: Trend Analysis September 2008

Although September coincides with the holy month of Ramzan in the Islamic calendar, the violence in Pakistan during the month surpassed that in August, which itself was the most violent month. Despite the fasting and sanctity accorded to Ramzan in Islam, it is also associated with Shahadat (martyrdom) and people laying down their life during this holy month are often considered Shaheeds (martyrs). This probably explains to some extent the extremely enhanced level of violence in Pakistan during September 2008 and why various Ramzan ceasefires negotiated in August and September floundered.

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Can India ever Trust China?

The two recent glorious achievements - the Olympics and spacewalk mission – seem to have transcended China to a new global height with wide implications for the world’s strategic balance. From all accounts, analysts suggest that China will not only survive but has also gained from the recent global financial meltdown.

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The oil price Conundrum

As the saying goes, everything that goes up had to come down. The same holds true for the price of oil, which has seen a slide of around 55% in just three months. At one point of time there were even predictions that prices would reach $200 a barrel. However, currently, the price of oil has dropped to $68 a barrel, from a high of over $147 in July this year. But the question is how and more importantly, why did this happen, and in such a short time.

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Piracy off Somalia: Can Naval Patrolling be the ‘Antidote’?

Since 2005, the ‘centre of gravity’ of Asian piracy has clearly shifted westwards from Southeast Asia to the western Indian Ocean. The Somalia-based pirates are on the rampage, capturing vessels of all sizes ranging from yachts to super-tankers and their crew for ransom. This is hardly surprising, considering that the writ of Somalia’s Transitional Government (TFG) does not even run on the entire Somali land territory, and much less on its adjoining seas.

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Resolving the Bodo Militancy

Bodo militancy can be effectively resolved by accommodating the only surviving Bodo militant outfit within the existing self-governing territorial council that came into existence in 2003. In the mid-1980s, the Bodos of Assam under its influential student body, the All Bodo Students’ Union (ABSU), which began a vigorous mass movement demanding a separate Bodoland state on the North of the Brahmaputra. The movement lasted for about a decade and resulted in the establishment of a territorially defined self governing council known as Bodoland Autonomous Council (BAC) in 1993.

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HUJI as a Political Party: Where is Political Reform in Bangladesh Headed?

The caretaker government in Bangladesh had assumed power with the objective of bringing about a new political culture in the country. This aim had made them decide upon a crackdown against corruption and the introduction of a slew of political reforms. One such reform was the need for all parties to abide by the constitution the non-registration of religion based parties.

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