The ‘beast’ is raging all across the lands. By the ‘beast’ we mean the ‘mass,’ foot stepping the tradition of the founding fathers of the United States of America (Thomas Jefferson). To be sure, these erudite scholars were not employing the word lightly just in jest. They earnestly wanted a shorthand expression for what they perceived to be a perplexing behavior of the then undifferentiated ‘mass’! It is not for idle reasons, the phrases ‘mob justice’, ‘mob psychology’, ‘ mob rule’, ‘mob etc’ were coined. Be that as it may, why is the ‘beast’ on the rampage today? Read the rest of this entry »

THERE is no exaggerating China’s hunger for commodities. The country accounts for about a fifth of the world’s population, yet it gobbles up more than half of the world’s pork, half of its cement, a third of its steel and over a quarter of its aluminium. It is spending 35 times as much on imports of soya beans and crude oil as it did in 1999, and 23 times as much importing copper—indeed, China has swallowed over four-fifths of the increase in the world’s copper supply since 2000. 

The world’s oldest extant military bloc (formed 61 years ago) and the largest in history (twenty eight full members and as many partners on five continents), the North Atlantic Treaty Organization, counts among its major member states all of Africa’s former colonial powers: Britain, France, Portugal, Spain, Italy, Germany and Belgium.