The International Labour Day, also known as May Day, is observed across the globe on May 1 every year to commemorate the intrepid and courageous Chicago labourers who sacrificed their lives in order to gain their rights. On May 1, 1886, a number of workers were killed when they were demanding an 8-hour workday instead of 12-hour.The movement started at …
Read More »Can India Become a Great Power?
India’s lack of a strategic culture hobbles its ambition to be a force in the world Nobody doubts that China has joined the ranks of the great powers: the idea of a G2 with America is mooted, albeit prematurely. India is often spoken of in the same breath as China because of its billion-plus population, economic promise, value as a …
Read More »Cyprus Financial Crisis
The Resolution of the Cyprus Banking Collapse Paves the Way for More Crises. The international financial community and the markets have declared victory over Cyprus’s banking crisis. But the solution imposed on Cyprus ‘taxing big deposits’ may pave the way for the next European financial crisis. To read the headlines, it surely seems like the crisis in Cyprus has been …
Read More »SAVING THE ARAB SPRING The Case For Post-Revolution Security Sector Reforms
More than two years have elapsed since the Arab Spring started its sweep across the Middle East and North Africa. The scope and yield of these revolts, primarily manifested through an overturn of political authority and bids for greater democratization, have often been compared in magnitude with the 1989 anti-communist revolutions in Eastern Europe. Despite all dissimilarities, these two distinct …
Read More »BRICS, TOWARDS ECONOMIC PROGRESS’
Twenty-first Century is the era of geo-economics. World, as a whole, has been facing serious economic crunch mainly due to the Global War on Terrorism, the hegemony of America over global economy and UN sanctions on a number of anti-American states. Nations are still striving to explore various avenues to ensure their survival through sustainable economic growth. Given the importance …
Read More »Will US, North Korea Crises Ever End?
The Korean Peninsula is passing through a difficult and an unprecedented dangerous period nowadays. American and South Korean troops are conducting large-scale training exercises in the Korean region and North Korea is also flexing its muscles and is threatening to attack USA. The North Korea’s leadership has also indicated that the country will pull out of the 1953 Armistice that …
Read More »A New Road Map for ‘US-Chinese Relations’
The article presents a detailed analysis of Sino-US relations focusing especially on the future prospects for two super powers. The critique has been written in the wake of the second term of US President Barack Obama and the regime change in China. Debate about the future of US-Chinese relations is currently being driven by a more assertive Chinese foreign and …
Read More »Would the U.S. Nuke North Korea?
If the North aims nuclear missiles at the South, would the U.S. immediately retaliate with nuclear weapons? The uproar over North Korea’s third nuclear test has died down to some extent. Vehement condemnation and outcries toward unruly North Korea – as if it was ready to start a nuclear war – have simmered down. But the advances in the North’s …
Read More »Waiting for the Chop
The economy has survived austerity thus far this year thanks to housing, but the sequester’ could change that. What is Sequester? Sequester is a procedure in United States law that limits the size of the federal budget. It involves setting a hard cap on the amount of government spending within broadly-defined categories; if Congress enacts annual appropriations legislation that exceeds …
Read More »IRAN IN ‘WORLDWIDE THREAT ASSESSMENT’
On 12 March 2013, U.S. Director of National Intelligence James Clapper presented to the U.S. Senate Select Committee on Intelligence the worldwide threat Assessment of the US intelligence community. The text below is the excerpts of the statement of the record which relates to the Iranian regime. TERRORISM AND TRANSNATIONAL ORGANIZED CRIME TERRORISM IRAN AND LEBANESE HIZBALLAH The failed 2011 …
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