ELECTIONS

Indian Prime Minister Manmohan Singh

GAAR: India May Not Go For Retro-Taxing Of Overseas M&A

A committee which was formed to give recommendations on the implementation of the controversial general anti-avoidance rules (GAAR) provisions in India released its draft guidelines Thursday night. The draft guidelines have clarified that the GAAR will not be applied retrospectively.
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Morsi Victory Tahrir Square

Can Morsi Heal And Unite A Fractured, Post-Mubarak Egypt?

Morsi inherits an Egypt that has become crestfallen since the revolution as the democratic process stalled and the military seized control. His first tasks will be rebuilding the economy, increasing security and fostering social unity so that this great and patient people could reap the fruits of its sacrifices.
Freedom and Justice Party candidate Mohammed Morsi

Egypt's Rocky Path To Democracy: What Lies Ahead For Morsi?

Everyone has a reason to hate the Muslim Brotherhood, which has been in the limelight ever since the brutally oppressive reign of former President of Egypt Hosni Mubarak ended. The Western mainstream opinion is united against the Brotherhood, an organization which reeks of sinister religious overtones right from its name supported suitably by its new-found Islamic-state rhetoric. But the radical Islamists in the Middle East condemn the Brotherhood equally, for luring thousands of young Musli...
Pakistan's Prime Minister Yusuf Raza Gilani

Pakistan's Ruling Party Nominates Raja Pervaiz Ashraf As PM Candidate

In the latest development in Pakistan following the political mayhem triggered by an apex court order disqualifying ex-premier Yousuf Raza Gilani, the ruling Pakistan People's Party Friday named former information technology minister Raja Pervaiz Ashraf as its choice for the post of prime minister.
Greece

Greece Remains In Economic Death Spiral Despite New Government

The formation of a new Greek government Wednesday staves off fears of a swift departure from the euro zone by the Hellenic Republic. But this week's election and installation of a new administration merely extends the country's economic death-spiral as its economic woes remain deep and pervasive.
Samaras

Greece Now Has A Government

After weeks of uncertainty, a Greek government has emerged following talks between Greece's center-right New Democracy party, which won Sunday's parliamentary elections, and the smaller leftist parties that lost seats.

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