End of Single Party Majority Governments?

Senthil Ratnasabapathy Many, many years ago, I met a young and aspiring British journalist and ended up in a conversation about the pros and cons of the proportional representation (PR) system vs. the so-called first-past-the post system. He said the Britons would be against the PR system because of the instability it could bring to governing. He meant the PR system that was practised by all … [Read more...]

Indian Rate Increase Sends Shockwaves

The Indian government last Friday made a decision that sent shock waves around the world markets. At the outset, it looks trivial – just a quarter of a percentage rise in key interest rates by a developing country. India’s central bank, the Reserve Bank of India, raised the so-called the repo rate – which is the rate at which the bank lends to financial institutions – to five percent, and … [Read more...]

New Ideas to Curb Spread of Nuclear Technology — Multilateral Fuel Banks

By Senthil Ratnasabapathy As Iran readies for another round of talks with western powers over its controversial nuclear programme, there is debate within the international non-proliferation circles about the best strategy or strategies to prevent another Iran-type situation from developing. The debate has been necessitated by a number of developments, ranging from the availability of once … [Read more...]

The Mystery behind the metal and plastic cutlery.

(Originally written in May 2008) Finally, I am on the plane to India. It is a long-time dream come true, and I have managed to tame my desire to visit the whole of India within the three weeks I have. One of the biggest issues to consider when planning for such a trip is the choice of carrier. I was very tempted to either Emirates or Ethihad, as it would allow me to fly via the Gulf. I had … [Read more...]