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The euro zone's recovery is obstructed by its own structural weaknesses. And the idea of a crisis relapse cannot be discounted as yet and the consequences of it are hard to fathom. The euro zone may also need to abandon its optimistic view.
The new draft of the EU-initiated International Code of Conduct for Outer Space is a significant step forward. The language has been tightened to make it more precise. The document is particularly mindful of the interests of emerging Space actors and instituting measures for greater international cooperation. There have also been several practical measures suggested for more transparency.
A successful conclusion of the FTA with EU would go a long way in building international market confidence, giving much needed stimulus to the international economy. The loss of revenue from reduction in tariffs should be viewed in gains of transfer of technology, productivity increases and greater competition.
It is quite likely that whoever ascends to power in New Delhi will primarily be focused on domestic politics, and the question of an FTA with Europe will receive less attention than in the past. Additionally, unless the remaining key issues are resolved through some give and take by both sides, the BTIA negotiations may remain stalled in the foreseeable future.
With one seventh of the world's population and one of the fastest growing economies India has the potential to be a major player in global trade negotiations. It should bear this position in mind while moving ahead with the EU-India FTA.
The Libyan revolt was led by a group called the National Conference of the Libyan opposition, founded in London in 2005. Can overseas Libyans make a revolution? If Qaddafi survives, will not opposition to his soft Islam be the harder version of the faith?
This report of a conference, hosted by the NFG Research Group "Asian Perceptions of the European Union" at ORF and JNU on September 26-27, 2013, provides a summary of the key themes which emerged from the conference.
The return of a socialist President in France since Mitterand's victory in 1981 confirms a trend in Europe which, instead of lifting the mist, is adding to the fog. The other day, David Cameron, who has never quite found his feet, had egg all over his face.
Greece's problems were inevitable because the concept of Eurozone is based on flawed solidarity. While the monetary policy is controlled by the ECB, the fiscal policy is under the member states. They have to obey the diktat of the ECB regarding interest rates and this has made Greece uncompetitive with rising costs.
Mere constitutional creation of new political space would not become the answer to the growing demands for inclusion and participation in the countryside. For substantive democracy to become a reality, Centre and States need to show willingness to share powers (3Fs).
The Af-Pak conflict's center of gravity has over the past five years shifted decisively to the very heart of Pakistan. Hence, the ultimate ace up Pakistan's sleeve is to search seriously for peace with India, step by step, but sincerely.
To improve India's role in Central Asia, its focus should recognize the diversity of relationships that are possible - economic, defence, and connectivity. Politically and historically, each of the five countries in the region is distinct.
A four-day maritime conference on "Maritime Geo-Politics in the Indo-pacific" was organised in Chennai, Kochi and New Delhi recently. The conference saw speakers deliver perspectives from India, China, Japan, US, Australia and Indonesia.
Pakistan Army recently declared adopting a new doctrine of war fighting, termed sub-conventional warfare, in its policy document, the Green Book. The book, published at regular intervals, is a manual of new doctrines and guidelines which the GHQ distributes among senior military officials.
As anticipated, the much-touted and ill-prepared protest by the Bhiku movement and Sarath Fonseka's Democratic National Alliance (DNA), seeking to replace the Executive Presidency, has Sri Lanka ended in a whimper.
For Japan, which deployed missile destroyer J S Fuyuzuki and SH 60K helicopters on India's invitation, the Malabar Exercise signals the growing importance of ties between the two nations as well as the personal importance that PM Modi has attached to India's strategic ties with Japan.
why should Delhi have a monopoly on good ideas? While Mumbai is the economic capital of India, its history has also forced it to be a center of strategic and policy thought from which Delhi remains divorced
In the next Budget Finance Minister Pranab Mukherjee will have to strive hard to reduce fiscal deficit because a big fiscal deficit gives wrong signals to investors. The current year's Central and state combined fiscal deficit stands at 8.5 per cent.
The government will need a lot of explaining to do about the rising corruption in the Budget session and will have to cast its tax net wider to catch the tax dodgers. What it will do to make the tax base bigger could be an interesting feature of Budget 2013.
Outlining the need for a concerted effort to deal with water challenges in South Asia, experts at a roundtable suggested that there was a strong reason to create collaborative rather than competitive frameworks.
ORF, the Public Diplomacy Division of the Ministry of External Affairs of India and CERI - Sciences Po and Centre d'analyse Stratégique (CAPS) of France have begun an Experts Policy Dialogue to delve into key areas, opportunities and challenges that will shape, enrich and confront the India-France relationship in the coming years.
With India seeking to connect the next billion, and becoming a key player in the global Internet debate, it is important to have clearly formed domestic policies. The combination of regulatory interest, corporate opposition and constitutional rights suggest that the time is right for a nuanced debate on net neutrality in India.
The Ambassador of France to India, H.E. Mr. Francois Richier, has underlined the importance of a comprehensive agreement on migration and mobility, which would feed into increasing bilateral education and business opportunities.
Taking note of the winds of change sweeping through the resource-rich and people-rich African continent, ORF organised a day-long round-table to unravel the implications of the resurgence of Africa for the India-Africa partnership.
The " China Daily" reported on January 22,2005, that 13 persons were killed and 18 others injured in two separate explosions in China's Xinjiang Uygur Autonomous Region coinciding with the Eid-al-Adha religious festival.
India has moderated its position on the Israel-Palestine conflict over time, exchanging statements of condemnation for those "expressing concern". But behind India's strategic balancing act there also lies a precise domestic calculus.
The US Quadrennial Defense Review panel's recent (July 29, 2010) report to the US Congress had a very telling remark about Pakistan Army and its intelligence agencies which raises a whole new spectre of violence the world is likely to confront in the years ahead.
President Bush notified the US Congress on March 25,2005, of the intention of his administration to clear the sale of F-16 aircraft to Pakistan.
Vietnam's self-assured pursuit of a complex balance of power strategy could be a model for other medium powers in Asia who are deeply concerned about the rise of China, want Washington to balance Beijing, but are reluctant to become formal military allies of the United States.
The activities of Ghulam Nabi Fai of the Kashmiri American Council, which became public after his arrest, show how vulnerable the India-Pakistan engagement could be to Pakistan Army?s dogged pursuit of anti-India policies.
Pakistan President, General Pervez Musharraf, has never been as much under the threat of elimination through a coup or a bullet as he is today. There is no doubt that he faces extreme danger from some of the vicious terrorist and extremist groups, most of whom he had helped grow powerful in today's Pakistan.
The Iran nuclear issue is touching yet another point of criticality. The build-up was evident to the naked eye, the crescendo almost predictable. It was six weeks ago that Secretary of Iran¿s Supreme National Security Council, Ali Larijani, expressed Teheran's frustration that EU-3 (Britain, France and Germany) was stonewalling in the negotiations, meandering into blind alleys, lost in thoughts.
Oil is critical to India as it imports almost two thirds of its need, constituting 37% of its total imports. A $1 drop in oil prices could approximately save 40 billion rupees. The drop in oil prices currently looks like a blessing for India, but there could be some downslides too in the long run.
If the George Bush Administration in the US were wise, it would have waited for the current holy fasting period of the over one billion Muslims of the world and their Eid festivities to be over before launching its much-publicised and much-hyped offensive to pacify Falluja, the Sunni stronghold in Iraq, which is apparently perceived by the Pentagon as the nerve-centre of the anti-US resistance and jihadi terrorism in Iraq.
Since 1995, when the first incident of jihadi terrorism took place in Saudi Arabia, there have been 25 acts of terrorism as indicated below:
When I heard that President Barak Obama would address a joint session of Parliament during his November visit, a chill ran down my spine. Images of President Bill Clinton's foray into the Central Hall of Parliament during his visit in March 2000,
By declaring that India should be actively involved in the Sri Lankan peace process, Mahinda Rajapakse, the newly sworn-in Prime Minister of the island-nation has put both the peace process and India back at the centre-stage back again. Lakshman Kadirgamar, the ruling dispensation¿s foreign policy czar, has said as much. In her maiden national telecast after the parliamentary polls
Indo-US relations began to warm up after the fall of the Berlin Wall and the collapse of the Soviet Union. All of a sudden, the New World Order had arrived, yet no one really knew how to adjust to this new reality. Old enemies and old friends had gone, new enemies, threats and friends had to be found ¿ for a State, to survive, needs all three.
The stalemate in the negotiations questions the legitimacy of the WTO to promote fair and balanced multilateral trade rules that will address the past and current inequities, which developing countries are faced with. In the current situation, it would be useful to frame negotiating proposals which the WTO can take forward to conclude Doha Round.
The social and economic profile of the participants in India's vast retail trade is complex and varied. Besides, there is ample evidence that large sections of the petty bourgeoisie (trader and shopkeepers) may not be happy with their current existence. They would not mind if global capital inflows result in the creative destruction of existing arrangements.
There has been a heated debate about opening up the retail trade sector in India to foreign direct investment (FDI). Allowing foreign investment to come in retail trading is supposed to indicate that economic reforms are on track and that like in China , Walmart, Carforre, MAKRO, 7 Eleven and many more giant retail store chains, would be seen in India.
FDA in retail is not the reform that can change the face of Indian agriculture as the problems of small farmers and their vicious cycle of poverty have to end through state action and not by big foreign retailers.
The Government's decision to bring in FDI in retail has created an uproar, but it is not surprising at all as it has not only been ill-timed but is also being clumsily handled by the political class.
Economic experts firmly believe that FDI is the need of the hour and with political will and good governance measures, it could prove to be crucial in enhancing development in the region.
Opening up retail trade should not have happened at a time when inflation is high, GDP growth rate is falling, industrial growth and exports are declining. Unfortunately, it would take a long time for the multi-brand retailers to establish their own supply chains and hence inflation is unlikely to come down in the near future.