A “downside” to globalization struck when the US credit crisis had a global effect that neither Europe nor Asia could diminish or avoid. Many countries cannot borrow money to stimulate their economies as the US does and lack the savings of China, and some government leaders fear that the big...
Click here for the article on The New York Times.
Rajendra K. Pachauri, director-general of the Energy Research Institute, was elected chairman of the Intergovernmental Panel on Climate Change in 2002. For that work, he was co-awarded the 2007 Nobel Prize for Peace. In this interview with Nayan Chanda, Pachauri explains the IPCC’s purpose of...
Nayan Chanda: We are delighted to have in our studios Dr. R.K. Pachauri, director-general of Energy Research Institute, of India, – and the chairman of the Intergovernmental Panel on Climate Change. He along with Mr. Al...
Currently, Cuban-Americans can travel to Cuba once every three years. They’re also subject to restrictions on how much money they can send to relatives on the island. With the election of Barack Obama, US foreign policy towards Cuba will likely change, though it’s not yet clear to what extent....
Washington State National Guard Sgt. Carlos Lazo -- the Iraq veteran who gained fame when he couldn't visit his kids in Cuba -- last traveled to the island in January 2007. As things stand now, he can't go back until...
Cyprus has at least several billion barrels of oil in offshore fields, although the exact amount is uncertain. The island has been divided into two parts since 1974, when Turkey intervened in a coup and Turkey protests attempts by Cyprus to make oil deals with neighboring nations such as Egypt or...
Click here for the original article on Athens News's website.
As predicted, conservative Nicolas Sarkozy and Ségolène Royal captured the first round in the French presidential election that featured globalization as a central issue. According to a survey last year, 64 percent of the French view globalization as a threat to their nation’s commercial autonomy....
Click here for the original article on The Guardian's website.
Jihad as armed struggle was associated with early expansion of Muslim territories and then took on a more defensive connotation in the 19th century, after Muslim nations were subjected to colonization by European powers. This two-part series explores the role of jihad in modern society, and the...
Constantinople falls to the Turks in 1453; Mehmet the Conqueror (right): Jihad for economic or strategic gain was common. Enlarged image
EAST LANSING, Michigan: In the last few years, and particularly since 9/11...
The news that North Korea had successfully tested a nuclear weapon on Monday morning shocked the world. Estimates about the size of the explosion ranged wildly, with some reporting a half-kiloton blast to others guessing that it was much larger. The key questions are: did the test go as planned,...
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Multinational corporations look to China for huge potential profits. The investment climate has transformed – a decade ago, less than half of foreign companies in China ran profitable operations and now more than 80 percent collect profits. China’s WTO bid lowered bureaucratic barriers, thereby...
BEIJING – Many foreign companies have long viewed China as a land of great potential but little immediate profit. As recently as the late 1990s, most Western marketers found this country more frustrating than fruitful...