The debt dynamics equation was in the past of interest only to sovereign credit analysts (such as this blogger) and macro policy wonks. Now, more people want to know about it. You can generate such an equation that is elaborate or not, but the gist is the following: The primary budget surplus, that is, government revenues minus expenditures — not […]
The Russian oil rig Kolskaya sunk 200 miles off the east coast of Sakhalin late Saturday night in stormy weather with 67 crewmembers were on board. So far, four people have been found dead and 14 people rescued, while 49 people still remain lost. The Kolskaya sunk in twenty minutes in fifteen-foot, 32 degree seas. In […]
The final paper assignment for my class on energy and the environment at NYU’s MS in Global Affairs program this semester was to “…provide for all the energy needs of the world in the year 2050.” I said “In the next 40 years, we will need to transition to safe, secure, affordable, clean and abundant […]
Family planning efforts in Pakistan Efforts to promote family planning in Pakistan are struggling against the reality that many women are simply not in a position to make such decisions. Pakistan has the regions highest fertility rate with an average of four children per woman. Korean “comfort women” in landmark protest against Japan Korean women […]
The year was filled with missed opportunities but also promising developments in U.S.-India relations. 2012 is shaping up to be the same. President Obama’s state visit to India in early November 2010 appeared to impart new dynamism to a bilateral relationship that had been listless since his inauguration. The trip offered an effective tonic for […]
Imagine having no country to call your own. For an estimated 12 million people around the world, that is a daily fact. Individuals who are not considered nationals of any country have no written rights. This means no access to health care, no chance to vote, no property of your own, and often no education. […]
The crisis in Syria continues to deteriorate. Recently, the U.N. reported that more than 5,000 people have died in Syria. Yesterday, Human Rights Watch published a report providing firm documentation that the very highest levels of Syria’s government regime gave security forces “shoot to kill” orders. And today, security forces are “clashing” with protestors in […]
Every 90 seconds a woman dies during pregnancy or childbirth. That’s 1,000 girls and women a day, more than half a million women every year. Additionally, more than 1 million babies are stillborn each year because their mothers could not access the proper medical care. And yet experts say more than 80 percent of these […]
1. Summary of the Past Year 2011 seems to have been a mixed year for renewables. At the research and development level, we have seen maturity in wind, electric transport, solar technology and great marketing which has fuelled record growth in these sectors and this may have contributed to the loosening of public sector funds […]
The issue of exclusive breast-feeding for the first year has been an area of confusion for many mothers in developing nations, especially following the marketing practices of many formula companies to push products in a misleading manner, an issue about which I have previously written. However, for mothers who are HIV-positive, especially in sub-Saharan Africa, exclusive breastfeeding […]
Off the east coast of Chukotka’s peninsula, winter has come hard and fast, freezing parts of the Bering Strait. Fifteen miles south of the village of Yanrakynnot in the Sinyavinsky Strait, 100 beluga whales are trapped in the ice. Hunters have reported that they are in two polynyas and are currently able to breathe freely. However, food and clean water […]
Yet another euro crisis summit is over, and yet another deal has been struck. This time, the deal has taken the shape of an intergovernmental agreement. If I am not mistaken, and I may very well have lost count by now, that makes nine summits and five deals in the past 19 months. Although it […]
Months after South Sudan emerged as the world’s newest country, celebrations have died down and the government in Juba must address the numerous challenges that face the fledgling nation. Apart from addressing unresolved issues with the north and the many domestic challenges, the key to South Sudan’s progress will be maintaining good governance. Much of […]
Brazil 2011-2012: Vamos Lá! Summary of the past year: Well, in summary, from soaring to just plain growing. Economists surveyed by the Central Bank expect GDP to grow 3.0% in 2011 (adjusted real terms) versus 7.5% in 2010. As a recent Reuters report on Brazil puts it: “…corporate leaders, investors and government officials already express […]
Last Saturday Russia witnessed one of the biggest anti-government rallies of the past two decades. Just a few months ago the possibility of a protest this large seemed very unlikely. Putin’s confidence ratings remained high holding steadfast belief in the efficiency of a strong ruling hand over the country, although the support for his United Russia […]