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Sri Lanka

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The Lankan Transition Resets Indian Ocean Politics (II)

...The Anglo-American sponsorship of the ‘regime change’ in Sri Lanka means that the West is no longer a discontented party looking in but has become an active player... But the key question in regional politics will be: How far do the Anglo-American interests and Indian interests converge over Sri Lankan developments?.. No doubt, Britain’s recent return to the ‘east of Suez’ (following the establishment of a military base in Bahrain) prompts London to regain its traditional influence over the political elites in Colombo... For the US, of course, Sri Lanka is situated between Diego Garcia and the Malacca Straits; it straddles the sea-lanes of the Indian Ocean through which China conducts the bulk of its foreign trade (including imports of oil)...

Melkulangara BHADRAKUMAR | 14.01.2015


 

The Lankan transition resets Indian Ocean politics (I)

The defeat of the incumbent Sri Lankan president Mahinda Rajapaksa in the presidential election on Thursday was neither completely unexpected nor was inevitable, as the narrow victory of his opponent Maithripala Sirisena testifies. But its significance is nonetheless far-reaching. What happened may not have the look of a classic ‘regime change’ – ‘color revolution’ as in Georgia or a coup as in Ukraine... No doubt, the new government will reset the compass of national and regional policies and its impact will be felt far and wide, since Sri Lanka happens to be one of the most coveted real estates in the geopolitics of the Indian Ocean. For the United States, Sri Lanka figures as a potential ‘lynchpin’ in its rebalance strategy in Asia; for Britain, its return to the east of Suez demands reclaiming the mentorship of the political elites in Colombo; for China, it is a vital hub in its Maritime Silk Road strategy; while, for India, that island falls within what it regards as its ‘sphere of influence’...

Melkulangara BHADRAKUMAR | 12.01.2015


 

Pivoting to the West of Malacca

...The lifting of US sanctions and the conclusion of a trade and investment framework agreement enable US companies to invest in Myanmar, which is the last frontier in the scramble for mineral resources. The economic spinoff can be mutually beneficial. Myanmar gets income, investment and integration into the world economy, while the US hopes to reassert its presence in a region that is crucial to the rebalancing strategy. The strengthening of ties with Myanmar helps Washington to contain China, which visualizes Myanmar as a vital communication link connecting the Indian Ocean – a route that bypasses the Malacca Strait...

Melkulangara BHADRAKUMAR | 04.06.2013


 

The Great Game syndromes in Bay of Bengal

Quite obviously, the US’ pressure tactics toward Pakistan, Sri Lanka or Bangladesh (and even Myanmar) in the most recent years failed to work. Therefore, it is highly improbable that any of the South Asian countries will cooperate with the US’ containment strategy toward China (or Russia). Suffice to say, the advantage goes to China and Russia if they are interested in a «pivot» to South Asia...

Melkulangara BHADRAKUMAR | 25.01.2013


 

NATO turns into IOTO as it spread to the East

With the prodding of the United States, the North Atlantic Treaty Organization (NATO) appears to be making another long-leap to the east. Already extending its influence in the Mediterranean and North Africa through the Mediterranean Dialogue and the Middle East through the Istanbul Cooperation Initiative, NATO now looks set to extend its North Atlantic Charter well into the Indian Ocean. The «North Atlantic» Treaty Organization may one day be expanded to be called NATO- «IOTO», or the NATO - Indian Ocean Treaty Organization...

Wayne MADSEN | 05.11.2012


 

Anti-Terrorism Day: Implications

On 21 May every year India celebrates anti-terrorism day. This is the day on which one of its former prime ministers became victim of terrorist violence in the Indian state of Tamil Nadu. Rajiv Gandhi, the young leader of India and also the youngest prime minister the country has ever had was on an election campaign, when a Liberation Tigers of Tamil Elam (LTTE) cadre took the advantage of the crowd and detonated a bomb tied to her waist...

Aurobinda MAHAPATRA | 23.05.2012


 

Deconstructing India’s Lankan Affair

There has been a 180-degree turn in the Indian stance vis-à-vis the attempts by the international community to reset the Sri Lankan government’s handling of its alleged human rights violations in the final stages of the war against the Tamil extremist organization known as the Liberation Tigers of Tamil Eelam [LTTE]. Ironically enough, India’s vote last week at Geneva supporting the resolution sponsored by the United States and its western allies at the 47-member United Nations Human Rights Commission literally helped the resolution scrape through with ‘majority support’ of 24 countries... Several major regional powers opposed the resolution – Russia, China, Saudi Arabia, Indonesia, etc. – as well as India’s neighbors Bangladesh and Nepal...

Melkulangara BHADRAKUMAR | 30.03.2012




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OUR COLUMNIST
    Valentin KATASONOV

Central Banks as the Bankrupts of Last Resort

...The ownership capital of the US Federal Reserve in relation to the value on the Federal Reserve’s balance sheet is just 1.3 per cent. And this symbolic capital is not represented by gold or anything else of actual value, but by electronic records. It is clichéd financial black magic. From the point of view of the capital adequacy ratios developed by the Bank for International Settlements (BIS) for ordinary (commercial) banks (Basel II, Basel III), the US Federal Reserve System is completely bankrupt...

01.04.2015
 
 
 
 
 
 
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