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A firm leader is needed to head the European Central Bank
Sylvester EijffingerEdin Mujagic
Tuesday, January 18, 2011

Two years ago, the leaders of the world's central banks were considered heroes for their efforts in preventing financial crisis from turning into Great Depression II. Today, however, central banks are being sharply criticized, and their independence is coming under severe pressure in many countries, particularly in the eurozone, as Mario Draghi, the head of the Bank of Italy [...] Full story

Elite corruption in India conceals deeper social change
Sanjeev Sanyal
Tuesday, January 18, 2011

For a country with 1.2 billion people, India is ruled by a surprisingly small elite, which runs everything from the government to large companies and even sports bodies. But a series of scandals, some involving billions of dollars, has now seriously undermined that elite's standing in the eyes of the Indian public. Almost anyone in a position of power in India [...] Full story

Europe can do more for Mideast peace
Maher Abukhater
Tuesday, January 18, 2011

Are the Europeans doing enough for the Middle East peace process? If the question has to do with financial support, the answer is obviously "yes." But if the question is about political involvement, the answer is clearly a big "no." The European Union has not hesitated for a moment to contribute financial support to sustain the Palestinian Authority and to keep it afloat in very difficult times [...] Full story

India's biggest problem is its Pakistani neighbor
David Ignatius
Monday, January 17, 2011

Everything is going right these days for India, except for one big problem: They're living next to a Pakistan that is coming apart politically, and Indian leaders insist with a tone of resignation that there's nothing they can do about it. Starting with Prime Minister Manmohan Singh, top Indian officials know that their booming democracy is endangered by the [...] Full story

China's urban challenge: making rural immigrants equal citizens
Fan Gang
Monday, January 17, 2011

Measured by the percentage of people living in its cities, China's urbanization rate currently stands at about 48 percent, according to official statistics. Given that the share of city dwellers was only 18 percent just 30 years ago, this is remarkable progress. But it is still unsatisfactory, because most other countries at a similar stage of development experienced faster urbanization [...] Full story

America reveals its two minds on Algeria
James Badcock
Monday, January 17, 2011

The State Department cables on Algeria released by WikiLeaks late last year suggest that when it comes to security in North Africa and the Sahel region, the United States regards Algiers as the key actor. However, the cables also reveal serious doubts over the future political direction of the Maghreb's biggest nation, and the deadly rioting recently in cities across [...] Full story

An opaque Pakistan needs its own WikiLeaks moment
Huma Yusuf
Saturday, January 15, 2011

A week after the WikiLeaks disclosures, two local non-profit organizations held a seminar in Karachi titled "Freedom of Information: Access to Information, Using Freedom of Information for Advocacy." Participants called for better enforcement of Pakistan's freedom of information laws to enhance transparency and government accountability [...] Full story

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LEBANON NEWS
Politics. . . . . . . . . . . . . . . . . . .
» Fransen in spotlight as pre-trial judge examines indictment
» Key events leading up to issuance of tribunal indictments
» Assassinations that rocked the country since 2005
Business. . . . . . . . . . . . . . . . . .
» Beirut stocks see slight drop as investors assess political crisis
» General Labor Confederation holds polls despite calls for delay, re-elects Ghosn
» Salameh warns government crisis could hit growth

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