NAM matters a lot!

NAM,the non aligned movement co founded by India,got a rude jolt as the U.S condoleeza rice decided to come out and say that the NAM movement has lost all relevance in the modern world.but the entire world knows that the U.S has always been hostile to the very idea of NAM.NAM was started as a counter balance to the power polarities in the world at the time,the U.S and that of the U.S.S.R.the russians very adroitly managed to get friendly with India and thereby had assured that the NAM policies were always friendly to them,much to the chagrin of the U.S.
Today although the power scenario may have altered with the demise of the U.S.S.R a new power struggle happens to be taking place,between that of the U.S and the asian giants with Europe sitting on the sidelines and cheering the asians on.the asian giants,China and India believe in a multi polar world and as such the trilateral conferences between the current Russia,the NAM and the ASEAN just suits their purposes fine for this.the U.S knows that it could never totally dominate the world and make itself the sole reigning power.what is more most of the world central banks have started changing their reserver currency as the U.S dollar gets weaker and weaker.this worrying trend could also9 be as a result of the U.S policies and their aggressive attitude towards other world powers.as far as China,Russia and India are concerned,they seem to think that a multi polar world is much needed and they are making steady progress towards that end.as far as the U.S is concerned,they see themselves losing all relevance in this modern world as they and their economy gets more and more outdated.their aggressive polices may have well suited the time of kennedy's and nixon's.but today economy speaks volumes and services matter more than just mere muscle.gone are the days of muscle power and say hello to the power of money and hi tech wizardry!

United States,India,nam,kennedy,nixon,china,

Rupee appreciates again!

Well it certainly seems to be bad news for the EXIM people with the rupee appreciating like this against the U.S dollar.the Reserve Bank of India,it seems is more than happy to let the current Dollar-Rupee Tango go on like this without any intervention of any sort.recently the prime minister of India,dr.Manmohan Singh had commented that inflation was a cause of concern for him.so the Reserve Bank of India may have decided not to intervene in the Rupee's appreciation against the Greenbacks in order to manipulate the inflation so as to bring it down.but the common man's query is that whether the inflation is up or down,the prices of the Essential commodities always seem to head in one direciton and thats up,all the way!