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Jul 2, 2012

Insight: Voice of Mumbai attacks points finger at Pakistan

NEW DELHI (Reuters) – Forty-eight hours into the bloody assault on Mumbai in November 2008, smoke was billowing from the wreckage of the Taj Mahal hotel and commandos were flushing out the last gunmen holed up in the opulent landmark of India’s financial capital.

A short distance away in the city’s southernmost peninsula, security forces were still battling at Nariman House, a Jewish centre where two of the Islamist militants had taken half a dozen people hostage, including a rabbi and his pregnant wife.

Jun 17, 2012

Myanmar boat people swap violence for desperation

GOLAR PARA, Bangladesh (Reuters) – At first, the boat bobbing in the water in the middle of the night appeared to be empty. But when Bangladeshi villagers took a closer look, they found a baby too weak to cry, a refugee from marauding mobs in Myanmar apparently abandoned by her family.

The cleft-lipped infant, just weeks old, is among hundreds of Rohingya Muslims who fled this month’s sectarian violence in Myanmar’s western state of Rakhine, packing themselves into rough wooden boats and heading for the shores of neighboring Bangladesh.

Jun 3, 2012

India’s growth: build in an incompetence discount

NEW DELHI (Reuters) – It had been another brutal day for the rupee on the foreign exchanges as India’s economic crisis escalated and, travelling home from a visit to Myanmar last week, Prime Minister Manmohan Singh summoned journalists on his plane for a briefing.

The one statement he had prepared for the media that night, however, concerned allegations of corruption levelled against him and his cabinet ministers – not the economy.

Jun 3, 2012

Analysis: India’s growth: build in an incompetence discount

NEW DELHI (Reuters) – It had been another brutal day for the rupee on the foreign exchanges as India’s economic crisis escalated and, travelling home from a visit to Myanmar last week, Indian Prime Minister Manmohan Singh summoned journalists on his plane for a briefing.

The one statement he had prepared for the media that night, however, concerned allegations of corruption leveled against him and his cabinet ministers – not the economy.

May 22, 2012

Interview: Out of jail, Sri Lankan ex-general says government must go

COLOMBO (Reuters) – He was pardoned by the president and released from jail, but Sri Lankan former army chief Sarath Fonseka had nothing but scorn for the government on his first day of freedom and vowed to fight for its downfall.

The ex-general said it could take 5 to 10 years to change the political culture of the island nation but he was determined to join forces with opposition parties even if the terms of his release prevented him from standing for office.

May 22, 2012

Out of jail, Sri Lankan ex-general says government must go

COLOMBO (Reuters) – He was pardoned by the president and released from jail, but Sri Lankan former army chief Sarath Fonseka had nothing but scorn for the government on his first day of freedom and vowed to fight for its downfall.

The ex-general said it could take 5 to 10 years to change the political culture of the island nation but he was determined to join forces with opposition parties even if the terms of his release prevented him from standing for office.

May 22, 2012

Sri Lanka cbank sees weak rupee recovering to 125

COLOMBO, May 22 (Reuters) – Sri Lanka’s central bank expects
recent measures it has taken to boost the rupee will help
the currency recover to below 125 to the U.S. dollar, but it is
not targeting a particular level, Governor Ajith Nivard Cabraal
told Reuters on Tuesday.

The rupee is hovering around 129-130 despite a warning from
the Treasury Secretary last month that the authorities would
intervene in the market if it did not appreciate to 125.

Apr 26, 2012

Pakistan military’s grip on foreign policy easing

ISLAMABAD (Reuters) – Pakistan’s military, which has dominated the country for much of its turbulent history, has less sway over foreign policy, and a new power equation is emerging within America’s strategic ally, said the foreign minister.

Pakistan has been directly ruled by generals for more than half of its 64-year history and indirectly for much of the rest.

Mar 19, 2012

Subsidies dilemma: sound economics or political survival

NEW DELHI (Reuters) – For India to reach its target for cutting the budget deficit, Prime Minister Manmohan Singh would almost certainly have to raise prices for subsidised fuel products.

For Singh, it is an unhappy choice between sound economics and political survival. Since the former risks bringing down the government, he is likely to sacrifice budget discipline to hang on to power.

Mar 19, 2012

India’s subsidies dilemma: sound economics or political survival

NEW DELHI, March 19 (Reuters) – For India to reach its
target for cutting the budget deficit, Prime Minister Manmoham
Singh would almost certainly have to raise prices for subsidised
fuel products.

For Singh, it is an unhappy choice between sound economics
and political survival. Since the former risks bringing down the
government, he is likely to sacrifice budget discipline to hang
on to power.

    • About John

      "John Chalmers is the Reuters' Bureau Chief for South Asia. He was previously a correspondent in London, Paris, Hanoi, New Delhi and Brussels."
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