Great news for the people of India. They have firmly booted out the Communist Parties that were threatening to stifle all economic growth and voted IN India’s Congress party that will give the government a free hand to pursue economic reforms. Consider this; The country’s stock market surged over 17% when it opened. The rise was so dramatic it forced an end to the day’s trading. ...

I've been taken aback at how many people are worried about stock market falls. It's legitimate to be worried about the banking system and whether the American crisis will ruin the world banking system, but to worry about the stock market? Stocks go up and down. During the dot.com crash the FTSE went from 6900 in Jan 2000 to 3287 in March 2003. By contrast the current bear market (peak 6706 in

The stock market hit a bone-wrenching 6763.29 points yesterday amid news of failing Eastern Europe, faltering U.S. GDP, flinching Citigroup, flailing AIG, and lots more fun that you're no doubt aware of. So what was happening in the world the last time the stock market hit this point? It was April 25, 1997. Some of the highlights from the 6763 days: Then-U.S. President Bill Clinton warned Jap...

When David Cameron stands on the grounds of India's best-known IT company this week and makes his pitch for building a "new special relationship" between Britain and India, he will no doubt have in mind the thoughts of a previous visitor to the Infosys campus.

As someone who has in the past been an enthusiastic Atlanticist, valuing our relationship with the USA, I don’t think Mr Cameron should expect or even seek a “special” relationship with Mr Obama. I want us to maintain our close ties with the USA. but think

Reaction from Recent Putin's trip to India Putin recently made a trip to India and signed a plethora of deals worth $10 billion. The deals include several nuclear power plants and military contracts worth $4 billion. I find it interesting that the Western media's over-reaction to this trip. A common theme seems to be that the good relationship developed with India during the Bush Adminis...

Prime Minister Vladimir Putin said that his government would go ahead with a plan to spend budget money to buy shares on the Russian stock exchange, starting Monday, in the hope of lifting the deeply depressed market.

NEW DELHI (Reuters) - India holds the first stage on Thursday of a staggered general election that could see the ruling Congress party returned to power at the head of a weak coalition just as the Asian power suffers an economic slowdown.

After record gains in 2004 India’s communists were close to power.  They derailed India’s economic liberalisation, curbed further deregulation, opposed moves to make the labour market more flexible, and prevented privatisation.   Now the 700 million strong electorate has comprehensively rejected them and their left-wing allies. Prime Minister Manmohan Singh’s decis...

In the European Voice, Peter S. Rashish mentions the emergence of Poland to complement the European heavyweights Germany and France, and he looks at the implications for the transatlantic relationship: A new balance of power emerges (12 June 2009). European election results The internal power balance in the European Union and the relationship with the USA are determined primarily on state level, b...