Averting the ‘Lehman Momentum’ in Nepal
The health of Nepal’s banking and financial institutions has deteriorated drastically, causing panic among a section of depositors and government institutions.
- Hari Bansh Jha
- July 18, 2011 |
- IDSA Comments
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The health of Nepal’s banking and financial institutions has deteriorated drastically, causing panic among a section of depositors and government institutions.
Aviation has been a favourite target for terrorist groups over the last three decades.
The recent activities of SIMI as well as its suspected links with groups like the Popular Front of India and the Karnataka Forum for Dignity and even the Indian Mujahideen suggest that it is regrouping to undertake terrorist attacks in different parts of India.
Although on the ground the areas of conflict are specific and do not cover the entire landmass as a map would indicate, the incoherence of the state’s response makes it appear that India is at war with itself.
There is a need to conclusively revisit the issue of India’s response, and other pro-active measures, to deter and forestall terrorist attacks in future.
Though the Astana meeting reflected a change in the OIC’s approach and understanding of the issues and problems of the Islamic world, lack of concrete action would lead to a further loss of credibility for the organisation.
Much has been written about terrorism and counterterrorism as forms of communication, but such analyses are usually jettisoned in the arena of “breaking news alerts” and real-time reporting.
Pakistan’s conciliatory approach towards India is tactical and could change rapidly if the army decides that its interests are better served through a more offensive posture.
The US is stopping the shuttle programme by design and not for want of technology or money; nor does discontinuing the space shuttle indicate that the US has lost the space race.
Civil society in general and the strategic community in particular must demand the release of documents pertaining to India’s security.