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Clearing Skies

China and India lead boycott of Europe’s carbon tax regime Asia is taking the global trade war to the skies. Following the outcry over the January 1 decision by the European Union (EU) to levy carbon taxes on all airlines serving EU airports, China and India are leading a boycott of what they call a trade levy disguised as an attempt to fight climate change. Uniting a group of 27 other countries in the Russian...

Exploiting Hunger

India’s food bill is nothing but a political move to woo poor in blatant re-election bid India’s corruption-tainted federal government may just have found a way to resurrect itself in the eyes of the country’s largely poor electorate. Ahead of the 2014 federal elections, the Congress Party-led United Progressive Alliance government is preparing to introduce a Food Security Bill that seeks to provide cheaper...

Triumph of the Spirit

Myanmar emerges from the ravages of military rule to celebrate democracy Pro-democracy icon Aung San Suu Kyi hailed a “new era” for Myanmar after her National League for Democracy (NLD) party won a landslide victory in the April 1 parliamentary by-elections. Myanmar’s election commission confirmed on April 2 that Suu Kyi’s NLD won 40 out of the 45 seats contested, with five yet to be called. Speaking...

Two Steps Back

Rahul Gandhi succumbs to divisive, caste-based electioneering in Uttar Pradesh, in the long, hard climb towards India’s top post (20 January 2012) — Rahul Gandhi, the fifth-generation guardian of one of the longest running political dynasties in the modern world, and more importantly, the man whom many in India see as the nation’s future prime minister, has become the first Gandhi to publicly exploit India’s...

Anshuman Rawat Interviews Nitin Gadkari

President of Indian opposition Bharatiya Janata Party (BJP) Nitin Gadkari believes that his party would bring the economy of India back on track by dislodging the present ruling coalition in 2014 elections Established in 1980, the Bharatiya Janata Party (BJP) is India’s second largest political party in terms of representation in the parliament. Occupying the right of centre in the Indian political spectrum,...

Saving the Rupee

The freefall in the rupee has been arrested but don’t expect a full recovery this year (20 January 2012) — The worst is over for the rupee after India’s central bank injected more than US$4 billion over three months in late 2011 to arrest the currency’s freefall, which was triggered by global risk aversion as investors started to pull funds out of India. The Reserve Bank of India sold US$2.9 billion...

Riddled With Holes

The case against Iran for attacks on Israel’s foreign interests is far from air-tight, as inconsistencies come to light An Israeli embassy car carrying the wife of a defence attaché was targeted in a terror attack in New Delhi on February 13. On the same day, in the Georgian capital Tbilisi, police defused an explosive device attached to a vehicle belonging to a citizen working for the Israeli embassy. And...