The United States is fighting a fire in the world economy, but Germany and some other European countries fear a flood of inflation as a result.
The Great Debate UK
The following is a guest contribution. Reuters is not responsible for the content and the views expressed are the authors' alone. Sarah Sayeed is Program Associate and Matthew Weiner is Program Director at the Interfaith Center of New York.
from Africa News blog:
Far from being all bad news for Africa, the global financial crisis is a chance to break a dependence on development aid that has kept it in poverty, argues Zambian economist Dambisa Moyo, who has just published a new book “Dead Aid”.
from The Great Debate:
Arms control is back and will thaw icy relations between the United States and Russia this year, but how far the new detente goes depends on the truculent mood in Moscow.
President-elect Barack Obama has been getting a lot of advice these days on how to deal with Muslims and Islam. He invited it by saying during his campaign that he either wanted to convene a conference with leaders of Muslim countries or deliver a major speech in a Muslim country "to reboot America’s image around the world and also in the Muslim world in particular”. But where? when? why? how? Early this month, I chimed in with a pitch for a speech in Turkey or Indonesia. Some quite interesting comments have come in since then.
There's been a lot of discussion over the past few months on this and other blogs about Barack Obama and religion. Looking back at it now that the campaign is over and he is starting to shape his administration, it's interesting to see how many of those discussions shed little light on what he would actually do. There were comments about him being a hidden Muslim, for example, or not a real Christian. That speculation seemed based on thin evidence and the assumption he was running for preacher and cleric-in-chief rather than president and commander-in-chief. As a journalist covering religion in public life, after learning whether a candidate professes a certain faith, I want to know how that faith will really influence his or her decisions in office. This is not necessarily the same as listing the soundbite positions used on the campaign trail.
from Pakistan: Now or Never?:
In the immediate aftermath of the Mumbai attacks, India's response has been to look to the United States to lean on Pakistan, which it blames for spawning Islamist militancy across the region, rather than launching any military retaliation of its own. So after U.S. Secretary of State Condoleeza Rice's trip to India and Pakistan last week, have the Americans done enough for now?
from The Great Debate:
With the U.S., Japan and Britain -- nearly 40 percent of the global economy -- facing the threat of deflation, it's going to be just too easy for one, two or all three of them to get the policy response horribly wrong.