China & East Asia 17 Mar 2013 by Tojo Jose

China to redesign geopolitical strategies as it becomes the largest crude importer

China to redesign geopolitical strategies as it becomes the largest crude importer

China has overtaken the United States as the largest oil importer; an event which may dramatically change world’s geopolitics. The Energy Information Administration has reported in early March that the US crude import has come down to 5.98 million barrels a day. This is the lowest import figure since 1996 for the US. On the other, China’s oil imports increased to 6.12 million barrels a day.           China’s ride into the throne of leading energy importer also may give it the right to play a more active role in global oil politics. Ensuring uninterrupted supply of oil is a political and to an extent military exercise.

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US and Europe 04 Mar 2013 by Tojo Jose

The US spending cut will have global effects

The US spending cut will have global effects

The Obama Administration has reluctantly launched the ten year long spending cut through “sequestration.”  For the current year, till the end of September, the Administration has decided to make $85 billion cut in expenditure. Of course, the effects of expenditure cut may not remain largely within the US. The US is the world’s largest consumer and when it starts austerity though budget; the effects will be more recessionary on the global economy. Already, global trade is declining at the pressure of shrinking GDP in the west. Traditional export oriented economies like Japan are depending upon negative strategies like currency war to promote exports and thus

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Emerging Markets 16 Feb 2013 by Alexin George

The Unchangeable Kims

The Unchangeable Kims

North Korea disturbs the world again with another nuclear bomb. This time more powerful and more strong, capable to disharmonize the world order. Like his predecessors Kim Jong Un prefer to stay in the old path of roughness. Change in regime had taken place, but not in policies.  In short, North Korea is not ready to change its course and the Korean peninsula finds itself in the baking pot. The mistake is being repeated. The policy of rogueness and brinkmanship had failed much in the past. The nuclear test of North Korea is actually going to benefit its rivals. Continuous violations of the UN resolutions are quite normal for North Korea and have driven away the world away fro

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China & East Asia 11 Feb 2013 by Tojo Jose

Who will join the currency war next?

Who will join the currency war next?

A major development since the beginning of the current year is the devaluation of currencies made by big trading countries like Japan and the UK. These countries have comfortably enjoyed trade surplus and prosperity historically. But the post- crisis period shows reversal of the situation for them on the trade front. Poor export turnover has also lead to poor economic performance. Now these countries are deploying the weapon of devaluation, which was traditionally used by poor countries to augment their export.                 Japan’s devaluation attempt is driven by its mounting trade deficit. The co

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Emerging Markets 07 Feb 2013 by Alexin George

India’s Mali Experiment – A Test Case

India’s Mali Experiment – A Test Case

A clear manifestation of changing attitudes. India’s foreign policy makers start displaying confidence with regard to India’s ability to intervene in overseas affairs. India commits to reconstruct Mali, the land locked country of West Africa, wounded by terrorists.  This is for the first time that India intervenes in the domestic affairs of a country away from its natural sphere of influence. For the last one decade Africa has been the focal point of our foreign policy prism. Several major powers have strong presence in Africa, except India. India shifted the focus very late. Better late than never. India’s participation in the’ Support and Follow Up&r

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US and Europe 26 Jan 2013 by Tojo Jose

Apple is falling

Apple is falling

The most valued company in the world in terms of market capitalization-Apple has lost its position to Exxon Mobile. The rookie Apple’s fall from the top position is after continuing in the spot for almost a year. Since September 2012, Apples’ market value has came down to US $418 billion from $ 700 billion.           End of the Apple’s electrifying growth trend was imminent because of two factors. First, its latest smart phone- the iPhone 5, has lost the sheen of its predecessors among the customers. They have even preferred to continue with iPone 4. In the case of iPhne5, it is for the first time that Apple has lost t

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US and Europe 05 Jan 2013 by Tojo Jose

Aging Europe may benefit from FTA with India

Aging Europe may benefit from FTA with India

The India –EU Free Trade Agreement is in incubation. Both parties are trying to sort out differences existing on many fronts. The FTA is important for Europe than for India because of the evolving global economic environment.             Firstly, Europe is slowly dipping into recession amidst aging demography and shrinking GDP. Its exports are coming down due to strong competition from countries like China and South Korea. European firms are migrating and relocating production to new demand geographies in the emerging world. Many observers believe that the decline of Europe is not transient and hence is fundamental. How

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US and Europe 15 Nov 2012 by Alexin George

American CEOs, fried in British pan

American CEOs, fried in British pan

The top executives of three American MNCs ---- Google, Amazon and Starbucks were fulminated by British MPs, on allegations of tax avoidance. The rarest of the rarest event happened when these executives were called before the House of Commons’ Public Accounts Committee, to explain, their company’s complicated tax arrangements. It has enabled them to maintain minimal liabilities in Britain. The companies are accused for reporting losses in high tax countries like Britain and profits in low tax countries like Luxembourg. The corporations have been charged with diverting hundreds of millions of pounds to what The Guardian describes as "secretive tax ha

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China & East Asia 10 Nov 2012 by Alexin George

Will the pressure cooker burst?

Will the pressure cooker burst?

“If we fail to handle corruption well, it will result in the fall of the communist party and the State” -------- Says President Hu                                                                     As China prepares itself for a leadership change, the clouds of separatism and corruption cumulate over the Communist nation. Four Tibetans in

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US and Europe 08 Nov 2012 by Alexin George

Obama Crush down WORMS

Obama Crush down WORMS

Romney’s narrowed support base centered on White, Older, Richer Men have been crushed While the road was hard, the journey been long, he fought his way back. “Best is yet to come” --- tweets Obama.                                                           Out of the 538 electoral votes, he won 303, offering a comfortable ride to the Presidential seat. 45% of those who voted are rac

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