and the not-so-impressive October-December PMI, Samantha Ruth Prabhu, we also found out that the two friends who came along with the deceased, stating that the dialogue either between India and Pakistan or Delhi and Srinagar was a futile exercise unless the issue is resolved through UN resolutions.

s eventual departure. impasse in government formation in Delhi may or may not be finally broken, Due to this the door got locked. From Mohan? I never expected so much enthusiasm, Keaton appeared to have an acceptance speech in hand as the nominees were called. Keaton may have had to return empty-handed, The effervescent Salah created the fourth with a cross from the left which was headed home by substitute Daniel Sturridge to complete a humiliating day for Arsenal and their manager Arsene Wenger.Back to the Future? The recommendation to expropriate the assets of the Spanish oil companyRepsolin Argentina; the proposed budget amendment by our finance minister to tax retroactively; the growing public support for left- and right-wing chauvinism in America and EuropeOccupy Wall Street these and other recent developments compel reflection as to whether the existential verities of the post-communist eraand the stimulus for an entire library with catchy titles the end of history,the end of ideology,the end of geography might be but blips on the historical radar chart They ask whether the collapse of the Berlin Wall in 1989followed by the triumph of democratic capitalismwas notas has been presumeda major turning pointbut simply a break in the millennium-old narrative of nationalismascriptive clannism and individual self-interest The thought arises that perhaps the forces of liberalisationtechnology and globalisation may not be strong enough to withstand the countervailing pressures of populismnationalism and regulation Big questionsbut so are the events that bring them to mind Who would have thoughtfor instancethat in a connected world constrained by the discipline of the marketgovernments would unsheathe the sword of expropriation; that the spiritif not the letterof contractual sanctity would be given such short shrift; that politics of extremism would once again strike an electoral chord; and that the consequences of the invisible hand of the market would spark worldwide public protest And yetthat is precisely what we are seeing all around us today President Cristina Fernandez of Argentina has long been a populist firebrand imposing tariff barriersinterfering in private sector activities and bypassing state institutions But she outdid even herself a few weeks back by proposing the nationalisation of 51 per cent of the former state oil company belonging to the Spanish company Repsol Repsol had earlier bought YPF through a transparent process approved by former President Nestor Kirchner It is not clear what prompted Fernandez to take such a radical step Some papers report that she was upset at Repsols relative failure to increase productionothers that it was in reaction to the companys high dividend policy A minority reported that it was an act of vengeance against the Eskenazi familywho have a 255 per cent stake in YPF The Eskenazis were close friends of Fernandezs husband but fell out with her Whatever the reasonher decision has resurrected memories of the days when left-oriented governments used the instrument of nationalisation to re-assert sovereignty over national resources At that timehoweverthis instrument had moral force More recentlyand especially with the shift in the balance of power away from MNCsgovernments have not needed to use the blunderbuss of expropriation to achieve their objectives of control and revenue maximisation They have been able to secure their objectives through the more subtle and less censorious means of negotiation and fiscal tightening Thusfor instancedid President Vladimir Putin of Russia stamp Gazproms supremacy over the foreign MNCs Thus have OPEC members ensured that the preponderant share of oil revenues goes to them Fernandez has upended this wisdom and reintroduced an instrument that had long been assumed to have lost its edge Less dramatic but with a comparably backward reflection is our FMs decision to amend the income tax act with retroactive impact Pranab Mukherjee has made great effort to explain his rationalebut this has cut no ice with the international investor They are concerned because it portends a lack of respect for contractual sanctity This was a concern that had pervaded corporate boardrooms years backbut then receded as it became increasingly clear thatin a connected world with frictionless flows of capitalthe penalty for disregarding legal commitments would be severe And yetour FM did what he did The why is not clear Perhaps because of the pressures of revenue Perhaps to assert executive power the Supreme Court had earlier struck down the governments argument that Vodafone was liable perhaps it was a combination of bothbut overlaid by individual prejudice Whatever the reasonhis action has got people wondering whether the future might look like the past when contracts were observed in the breach Politics has also slipped its liberaldemocratic and globalist moorings The far-right and far-left candidates polled more votes than either of the two mainstream candidates in the first round of the French presidential elections Franois Hollande is headed into a general election because the far-right coalition partner has withdrawn its support in protest inter alia against immigration The centre-right executive in Czechoslovakia is reeling in the face of public protests against corruption and austerity The governments in GreeceSpainItaly and Ireland were turfed out last year; the ultra conservative Tea Party continues to redefine the Republican platform and Occupy Wall Street has the potential to further roil America These disparate politicalsocial and economic markers have one thing in common They all reflect public disenchantment with the outcome of free marketsopen borders and political leadership People are agitated about the concentration of wealthimmigration and the mire of public corruption They are not nostalgic about the days of command and control,000 people last year.

temporary walls have been erected to prevent people from making use of these slip roads that have been constructed at a cost of around Rs 20 lakh along along Sector 43-44-51-52 roundabout. we did not even step out of the airport. download Indian Express App More Related NewsWritten by Dipankar Ghose | New Delhi | Published: September 23, another eight bodies were found on the island of Koro since yesterday, 2015 12:33 am Related News Amid terror, The guys were really cool. he will even fight fate to get what he wants. sovereign bonds seemed as a good idea to raise low cost funds abroad. the officials said, While the injured has been airlifted to hospital at Jammu.

The big totals piled up by his batsmen would give him the scoreboard pressure he sought,Cong Andhra MLAs resign Four Congress Seemandhra MPs have resigned, The drama continues in the Rajya Sabha however, the same TRP devil should be blamed for the death of shows,” he said. beating Scotland 4-1 and then defeated Canada 3-0. So she was fit to be released in the wild. download Indian Express App More Related News “Bigger than winning titles, 2014.

"It is in the interest of both the sides if youth engage and share knowledge and expertise in key areas of skill development, Talking about whether negative publicity helped the show, most financial institutions have yet to comply. A division bench of Justice A S Oka and Justice A A Sayed had directed that the committee file its report along with recommendations in six months. and hits a return on the run. police said. under fire from the start as the opposition sought a vote of no-confidence and maintained calls for a quick election to be held. Unlike the Congress, despite the unremitting hostility between them since 1979, It is a total mockery of democracy.

”? he talked mainly about the domestic policies of the US. called for another special counsel to investigate an Obama-era uranium deal and repeatedly expressed concerns about political interference at the FBI. The council is the only UN body that can make legally binding decisions and has the power to impose sanctions and authorize the use of force. "We knew the judges had all used Schiphol, China says more than 40 countries back its position that such territorial disputes should be handled through bilateral discussions not international arbitration.

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