Analysis: Turning point in the currency war

(Reuters) – A counteroffensive of sorts may be underway this year in what has seemed like a one-sided “global currency war” as developing economies slow, western money-printing pauses and the heat comes out of pumped-up emerging market currencies.

Democrats vs. Dictators: 2012

The return of World Leader March Madness: check out the results of today’s games, as the dictators get ready to rumble.

 

The Connected Island

The country’s future lies in its role as a major hub for the whole of South Asia.

After a long battle against terrorism, which ended in 2009, Sri Lanka has established itself as a peaceful democracy, committed to national reconciliation and nation-building. Since coming to power in 2005, President Mahinda Rajapaksa defeated the Tamil Tigers within four years, and has since worked to integrate former rebel strongholds in the north and east of the country. Meanwhile, this small country – home to 21 million people – has quickly increased its political and economic influence in the region. And crucially, Sri Lankans have enjoyed a general increase in per capita income, from $1,062 in 2004 to $2,053 in 2009, putting the country in the middle-income league.

‘Garage Universities’ Are Bracing for School Reform

QUITO, Ecuador — There are no ivy-covered walls at Alfredo Pérez Guerrero University. No quad. No soccer fields. The entire campus fits in four small, rented buildings on the fringes of a modest residential neighborhood. Its main entrance is on a busy street, between a furniture shop and a store that sells remote-controlled toy cars and airplanes.

Murder Is Not an Anomaly in War

The war in Afghanistan—where the enemy is elusive and rarely seen, where the cultural and linguistic disconnect makes every trip outside the wire a visit to hostile territory, where it is clear that you are losing despite the vast industrial killing machine at your disposal—feeds the culture of atrocity.

1 in 4 Children malnourished, global report says

NAIROBI, Kenya (AP) — Five children around the world die every minute because of chronic malnutrition, according to a report released Wednesday that also said that almost half a billion children risk are at risk of permanent damage over the next 15 years.

 

The Rise or Fall of the American Empire

Tackling the great decline debate.