The Bank of England has recently published two articles in its Quarterly Bulletin on “Money in the Modern World” and “How Money is Created” (http://www.bankofengland.co.uk/publications/Documents/quarterlybulletin/2014/qb14q102.pdf). The
Mr. Paul Reichler, an American attorney and legal adviser on the South China Sea (SCS) arbitration case filed by the Philippines against China on Jan. 22, 2013, was invited to give a talk on July 11 at the fourth South China Sea conference organized by the influential American think tank -- Center for Strategic and International Studies (CSIS).
International support for reform in Myanmar is weakening as authorities in Nay Pyi Taw seem to be losing direction on the path toward the ultimate goal of democracy.
Almost exactly 70 years after the signing of the Bretton Woods agreement, five major emerging economies, known collectively as BRICS, have created new institutions that would initially supplement and could eventually replace the World Bank and the International Monetary Fund, which have failed to respond adequately to the needs of a changing world.
Recently, Indian Prime Minister Narendra Modi came to this tiny kingdom and made a good impression of continued friendship and assistance even though he mistook the host's name as Nepal and Ladakh during his speech in the Parliament. Modi's visit highlighted Bhutan's geostrategic location at the roof of the world. Apart from India, major powers such as China, the U.S. and EU are closely watching.
For years, the publicly adversarial role the Pakistanis took on drones while privately either condoning or even encouraging them was one side of a seemingly intractable problem; the other side being the arrogance of the U.S. when it came to working with Pakistanis, who the American side seemed more interested in brushing off than finding ways to work with to address legitimate Pakistani concerns.
Many battles have been fought in the 365-square-kilometer Gaza Strip in Palestine where 1.9 million Arab people now live. Another battle, between Hamas and Israel, is under way. Israel launched a ground operation last Thursday, following a 10-day campaign of more than 2,000 air strikes against Gaza that failed to halt relentless Hamas rocket fire on Israeli cities.
- Joe Hung
It is imperative that Russian-backed rebels allow international investigators unimpeded passage to the wreckage in east Ukraine
“That is just so stupid, and so much stupidity makes you want to cry.”
It's been a momentous week for Russian President Vladimir Putin. While the major media focused on his trip to Brazil to accept the handover for the next FIFA World Cup soccer tournament in Russia as well as his participation in the Summit of the BRIC economic powers, the real story was the largely overlooked wraparound of his Latin American charm offensive. Here's the background.