In what is slated to become Vietnam’s largest graft case in history, nearly 50 elite bankers are on trial in Hanoi for alleged graft and mismanagement in a joint stock bank that led to losses worth $69 million. Among those accused are Ocean Bank’s former chairman and general manager.
Prior to 1992, a single part tariff based on cost plus on actual basis was in place in India’s power sector according to schedule 6 of Electricity supply act 1948. Single part tariff, though outdated due to several issues, is being reconsidered by some of the regulatory bodies to bring in transparency to the system along with making it more accessible to customer.
Authors: Wang Li & Zhou Dongchen
More than 100 years ago, W. A. P. Martin, a widely-respected American scholar and jurist, rightly opined, “If China is to be a part of the family of civilized States— Chinese thought, the principles at the basis of Chinese history and life must be understood.” With no doubt, one essential to this intellectual interaction is mutual intellectual comprehension.
The world shivers at the mention of terrorism. As a matter of fact, modern terrorism has proven to pose the most serious threat to global peace and human rights. Despite the possibilities of other elements influencing the actions made by the terrorists, media reports continued to label the attackers as fanatic Islamic terrorists and Muslim guerrillas.
The inaugural World Economic Forum Sustainable Development Impact Summit will take place in New York on 18-19 September 2017, with the aim of scaling up solutions and accelerating the deployment of technological innovations in support of the Sustainable Development Goals (SDGs) and Paris climate agreement.
In the three-month old Gulf crisis, nothing is too expensive or too down and dirty when it comes to buying influence, garnering soft power, and trying to win hearts and minds.
Chinese President Xi Jinping opens an annual summit of BRICS leaders. The BRICS — Brazil, Russia, India, China and South Africa — had gathered in the southeastern Chinese city of Xiamen hoping to counter accusations that the group of big emerging economies was drifting apart and becoming irrelevant.
What are ‘Nexus States’? For the purposes of this discussion, they’re defined as small states that enjoy a convergence of geographical access, financial services –technological hub status, and possess crucial industrial commodities, that act as platforms for economic and security influence expansion.