Current economic conditions have exposed the crack in the EU’s foundation. A single currency always implied greater political union and that has never happened. There is no federal European government, and so there is no way for the EU to set a central tax policy or budget. Each nation inside the euro is sovereign with its own political dynamics. It is an irony that a politically created project has no overall political framework.

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The Newsmaker becomes the biggest News: Rupert Murdoch, the 80 year old Media Mogul has definitely seen better days. The phone hacking scandal has fireballed into a much larger crisis that has seen the exit of top executives of News of the World and the UK Police Chief Paul Stephenson. It has brought much shame to the Prime Minister David Cameron and has put Rupert Murdoch and his son James in the Hot Seat, as a Government appointed Panel questions them regarding the scandal. .

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With India at the ‘crossroads’ of transforming itself from an ‘emerging economy’ to a ‘fast growing developing economy’, the 2011 Assembly election results provide a number of subtle messages, which need introspection. The results also provide a ‘wake-up’ call to the United Progressive Alliance (UPA) government lead by the Indian National Congress party (Congress), currently ruling the Centre, in terms of a number of key lessons learnt.

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With the UPA-II regime reeling under a series of corruption scams, the Lokpal Bill is once again in the news. Gandhian social activist Anna Hazare began a ‘fast unto death’ on 5th April 2011 to exert pressure on the Central Government to pass a strong anti-corruption act, in the form of the Jan Lokpal Bill (People’s Ombudsman Bill), with more stringent provisions and wider powers as compared to the Lokpal Bill (Ombudsman).

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After the global economic slowdown and the Greece debt crisis, the world is getting anxious about yet another crisis – the political unrest in Egypt. February 11, 2011 marked the end of Hosni Mubarak’s 30-year tenure as President of Egypt and victory for thousands of Egyptians who were protesting against him in different parts of the country. So, what led to such a massive protest against President Mubarak in Egypt? Why did the President step down? An insight into the political turmoil in Egypt, which is disrupting the current economic state of the country and also having an impact on other countries of the world.

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Except China, all other countries like the US, the UK, Russia and Germany have been supporting of a permanent UNSC candidature for India. The French President, Nicolas Sarkozy too is supporting India’s bid. India is a nation of 1.19 billion and is also the strongest contender for UNSC permanent seat bid. But will India be able to assert its position on the world stage?

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David Cameron, the current Prime Minister of the United Kingdom, is all set to clear the way to extend UK civil nuclear cooperation with India, putting aside security concerns to unlock a multibillion dollar market to British companies. An insight…

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"Are Iran's nuclear sanctions fair?" This question has been raised in the light of the recent decision by the Obama government to impose the 'toughest ever' economic and military sanctions against Iran. The European Union later also adopted new sanctions aimed against Iran's foreign trade, banking and energy sectors.

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The annual Nuclear Suppliers Group (NSG) meet in Christchurch, New Zealand, on June 24, 2010, brought issues to ahead and revealed concerns for India, as China took a defiant stand on its support to Pakistan's nuclear ambitions.

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This small, but beautiful constitutional monarchy of Thailand is undergoing the throes of instability. In the past few years, this nation has been racked by violence, as a number of coups, changes in government and mass demonstrations have laid bare the problems under the peaceful face of the country.

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On May 17, 2010, Iran announced an agreement it had negotiated with Turkey and Brazil. Iran said that it would ship and store 2,640 pounds of low enriched uranium to Turkey. In return, Iran would receive 265 pounds of material enriched to 20 percent from Russia and France. Last year, too, Iran had announced a similar deal, but had not kept to its commitment. Hence, experts suspect that this time too Iran is not sincere, and is just making announcements in order to deflect sanctions that are threatening to be imposed on it by the Big Five.

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“The secret of politics? Make a good treaty with Russia,” Otto von Bismarck, a former prime minister of Prussia in the 19th century had once said. Given Russia's size, strategic geographic location, reach and power, this remark makes sound sense. At least, Barack Obama, the US President, certainly seems to think so!

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With the world signing in for a much milder path, can the Israel-Palestine issue be re-addressed? That is the moot question, which this article seeks to address.

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