UNITED NATIONS — An expected, if still extraordinary, political tsunami has swept across India as voters elected a nationalist and pro-business political party to lead this country of over a billion people. Riding a wave of voter anger with both ingrained corruption, slowing economic growth and the entitled privilege of the incumbent Congress Party, voters […]
Special to WorldTribune.com By Donald Kirk, East-Asia-Intel.com Winston Churchill was thinking of his own defeat at the polls after having led Britain through World War II when he uttered one of his more famous quotes, “Democracy is the worst form of government, except for all those other forms that have been tried from time to […]
Special to WorldTribune.com By Willy Lam, East-Asia-Intel.com A series of diplomatic moves among the three members of the BRICS group has thrown into relief Beijing’s latest strategy to counter what it perceives as an anti-China containment policy spearheaded by Washington. Earlier this week, the Indian and Russian prime ministers, respectively Manmohan Singh and Dmitry Medvedev […]
Special to WorldTribune.com Compiled by Miles Yu, Geostrategy-Direct.com Japanese investment in China last year exceeded $70 billion. There are 14,000 Japanese companies in China. But that may be about to change because Japan is poised to leave China for India, adding huge benefits to the South Asian country in terms of jobs creation, technological transfer, […]
Special to WorldTribune.com By Donald Kirk, East-Asia-Intel.com NEW DELHI — It’s a toss-up what’s of more concern to India’s 1.2 billion people — border disputes with China or the arrests on bribery charges of stars of India’s most popular sport, the old British game of cricket. India’s Prime Minister Manmohan Singh mingled firmness with smiles […]
Special to WorldTribune.com By Donald Kirk, East-Asia-Intel.com NEW DELHI — North Korean declarations of “a state of war” on the Korean peninsula tend to make people forget bloodier border confrontations elsewhere in Asia. None is more volatile than the standoff along nearly 3,000 kilometers of heavily guarded fencing that separates Pakistan from India. Koreans point […]
Sol W. Sanders MUMBAI (BOMBAY), India — Is the Indian economy retreating back into “the Hindu rate of growth” which characterized the stagnation of four decades when New Delhi ran the economy with its imitation of Soviet planning? A returning former resident finds more than a touch of Calcutta’s notorious chaos and poverty in […]
Sol W. Sanders The new year’s worldwide economic downturn has an interlocking effect: every national economy is searching to accommodate itself politically as well as economically to what looks to be an extended period of low growth. After longer or shorter periods of historically unrivaled prosperity, they are feeling for a “bottom” — a level […]