'An isolationist US and a disintegrating European Union will create a power vacuum that only China is in a position to fill -- a conclusion that is uncomfortable but unavoidable,' says Nitin Desai.Illustration: Uttam Ghosh/Rediff.com On January 20, 2017 a speech delivered from the steps of the Capitol in Washington, DC signalled the end of the post-war world order. The country that led the development of this order elected a president whose inaugural speech rejected practically every ... Rediff.com, 2 weeks ago
Days ahead of his inauguration as United States President, the American Press Corps on Wednesday made it clear to Donald Trump that he cannot "dictate" to them and that "we, not you, decide how best to serve our readers, listeners, and viewers." "In these final days before your inauguration, we thought it might be helpful to clarify how we see the relationship between your administration and the American Press Corps," Kyle Pope, editor-in-chief and publisher of the Columbia Journalism Review, ...Rediff.com, 1 month ago
'Before it launched the mammoth operation of demonetisation it enjoyed a high credibility in respect of its authority and effectiveness.''The temptation of governments to have a finger in the RBI pie will be just too great to resist, unless extensive amendments are carried out in the RBI Act treating it almost as the fourth branch of the government,' says B S Raghavan, the distinguished civil servant. It has never happened in the long eight-decades-old history of the Reserve Bank of India, or, ...Rediff.com, 1 month ago
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