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Saturday, July 19, 2008
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Grappling with financial crisis
A year after the U.S. financial crisis surfaced, the Bank for International Settlements (BIS) has explained its causes and ramifications. The BIS has for long spoken of the dangers in unbridled credit expansion and asset price inflation, two ...
Hizbollah’s double coup
Hizbollah has strongly affirmed its status as the ascendant political force in Lebanon by pulling off two coups within a week. On July 11, the Shia-based politico-military formation re-entered the federal cabinet with the capacity to exercise ...
Leader Page Articles
Missing the wood for the trees
By N. Ravi
On balance, it becomes clear that the advantages overwhelmingly outweigh any threat or flaw and the nuclear deal is as good a deal as any government can negotiate.
NREGA: ship without rudder?
By Jean Drèze
The tremendous potential of the scheme is in danger of being wasted in some States.
Towards an alternative to IMF, World Bank
By Vladimir Radyuhin
BRIC alliance will attempt to set up a new international financial institution.
Vast lakes on Mars
By Ian Sample
New images of Mars suggest an ancient waterway in the planet’s southern highlands broke through the wall of a giant crater, flooding a huge lake with water and clay minerals. The spread of deposits across the base of the ...
Corrections and Clarifications
The fourth paragraph in a report “India scales down briefing for IAEA” (July 17, 2008, page 1) was “The government shortly afterwards clarified that the briefing was on but it would be only for 35 members of the IAEA ...
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