Friday 23 Sep '11As finance ministers and central bank governors of BRICS nations convened on Thursday in Washington, DC, to brainstorm about the greying skies of the global economy, two related logics find themselves at play without clarity as to whether they can be fully harmonised.
Tuesday 02 Aug '11As media mogul Rupert Murdoch’s empire battles its worst crisis ever, after the phone hacking expose in the UK, this once-almighty controller of information in the Anglo-Saxon world finds himself bereft of political allies.
Wednesday 27 Apr '11The announcement by finance ministers of the G-20 in Washington earlier this month of an ambitious surveillance system to spot imbalances in the economies of member states that are of ‘systemic importance’ can be interpreted either as a milestone or as a millstone.
Wednesday 13 Apr '11With Portugal joining the list of European peripheral economies being bailed out through ‘tough love’ emergency aid, the terms being foisted upon the hapless indebted states of the continent are coming in for criticism.
Tuesday 29 Mar '11As Operation Odyssey Dawn—the Western bombing campaign in Libya—enters its second week, expectations that it would be a short and clinical intervention to enforce UN Security Council Resolution 1973 are proving overoptimistic.
Thursday 03 Mar '11As democratic revolts roar across West Asia in a cascading fashion, the word ‘jasmine’ has entered the blacklist of forbidden terms enforced by China’s Internet censorship and policing machinery.
Tuesday 15 Feb '11An intriguing international contest for control of Mozambique-centred Australian coal mining company Riversdale took a dramatic turn last week. CSN, Brazil’s biggest steel manufacturer, increased its holdings in Riversdale from 17.58% to 19.9%.
Tuesday 01 Feb '11Technology shapes basic social relations and forms of governance. The combination of technological and demographic change can alter history by rearranging agency among different segments of society and ushering in new orders.
Tuesday 04 Jan '11On New Year’s Day, a Chinese bureaucrat pushed a button in the northeastern border province of Heilongjiang to inaugurate a monumental oil pipeline between Russian Siberia and the Chinese city of Daqing.
Tuesday 28 Dec '10A new report released by the US Energy Department paints a grim picture on future supplies of rare earths, which have shot into prominence due to artificial shortages triggered by China’s sovereignty dispute with Japan.
Thursday 09 Dec '10As the Euro zone wobbles in debt and austerity crises that ebb now and then but return with fury, it is evident that the real determiners of the fate of the tottering continent are investors rather than governments.
Friday 26 Nov '10US President Barack Obama’s recent Asian tour was a mixed bag. He won kudos in India and Indonesia, but failed to cut ice in South Korea on a bilateral free trade agreement and on reining in spiralling discord within the G20.
Thursday 14 Oct '10By framing a series of unilateral actions to maintain export competitiveness as segments of an “international currency war”, Brazilian finance minister Guido Mantega has articulated a new headache for global governance.
Friday 01 Oct '10While China’s economic diplomacy is manifestly directed towards maximising export markets and scooping up enormous trade surpluses from partner nations, a parallel assertiveness is surfacing through Chinese foreign direct investment in far-flung regions of the world.
Friday 17 Sep '10The filing of a case by an American labour union, the United Steelworkers, that charges China with violating international trade rules has injected a fresh irritant into a fraying relationship between the world’s two largest economies.
Wednesday 08 Sep '10A quiet storm is brewing at the International Monetary Fund, threatening to snowball into a legitimacy paralysis that divests the organisation of relevance in a change-bound world economy.
Friday 03 Sep '10The announcement by the Chinese government that one of its manned submarines dived 12,330 feet to the South China Sea floor to plant the Chinese national flag has dramatically heightened international competition for the mineral-rich water body.