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 From ZeiTGeiST ASIA: January 2012

 
Happy New Year
But why this kolaveri
kolaveri kolaveri G ?


2011 has been an eminently forgettable year in
several parts of the world.
 
THE year that has gone by has been a year of sweat and turmoil in most parts of the world. India spent the year battling corruption with Delhi's Tihar jail even having to run a VIP ward to accommodate ministers, bureaucrats and company CEOs. Governance took a back seat with most of the crucial decisions on hold. The economy kept sliding down as did the rupee. Only the prices and the interest rates kept moving up.

The US economy kept stubbornly refusing to respond to one stimulus package after the other. Unemploy-ment rate kept hovering around the menacing 10% mark though it never really crossed that red line and came down slightly to 9% by the end of the year. The political stalemate on steps to bring down the national debt remained unresolved.

 
Europe kept sliding down, with the very existence of the euro zone and the viability of the Euro as a single currency being called into question. It seems the European leaders are quite reconciled to the inevitable. Greece is on the verge of a default on its sovereign debt and, after engulfing even Italy and Spain, the contagion does not seem to be far away even from the shores of France. If the Euro zone collapses, as it is expected to, even Germany may find it difficult to keep its head about water.
 
Nearer home, too, the stalemate continues with US-Pakistan ties reaching their nadir by the end of the year. The NATO air strike on a Pakistani army post killing 24 Pakistani army personnel has inflamed passions in Pakistan against long-time friend, financier and ally, the United States of America. Even though the two countries might finds ways of restarting a working relationship, the basic conflict of interests on a future Afghan regime is not likely to disappear. And if Pakistan has its way in Afghanistan, the stability of the entire Central Asian region will also be open to question.
 
In West Asia and North Africa, the Arab spring or the Jasmine revolution continued its relentless march consuming Colonel Muammar Qaddafi of Libya as its latest trophy. The elections in Tunisia and Egypt have brought in Islamists to power, though, on a largely secular agenda. That was expected because in any mass, leaderless revolution, any organized force like the Muslim Brotherhood or the Salafists will have a numerical advantage over the unorganized mass. Despite mounting evidence to the contrary, Bashar Assad of Syria continues to refuse to read the writing on the wall but it should merely be a matter of a couple of months before he, too, is forced to see reason like his Yemen counterpart, Abdullah Saleh.
 

Global Soup Song 2011

  • Why this Kolaveri Kolaveri Kolaveri G ?
    Why in UP Mayawati Mayawati G?
    Jayalalitha aur Mamata di
    Why this Kolaveri Kolaveri Kolaveri di ?
    2G, 3G aur CWG?
    Aur Nira Radia madam G,
    Why this Kolaveri Kolaveri Kolaveri di ?
    Why this corruption, black money G ?
    Anna Hazaare ka Anshan Anshan,
    Why this Lokpal, Lokpal di?
    Mehengayee to badh gayee badh gayee,
    Sharad Pawar ko thappad, thappad,
    Chidambaram ko Chappal Chappal,
    Why not Kolhapuri, Kolhapuri Kolhapuri ji?
    Misr Tunisia, Libya, Syria,
    Dictator sab ki chhutti ho gayee,
    Why this Kolaveri Kolaveri Kolaveri di ?
    Europe to saara karze mein doobyo,
    Germany, France ki bhi aayee baari,
    Why this Euro-note, Euro-note,
    Euro-note di?
    Bin Laden, Qadaffi chale gaye,
    Khoonkhaar aatankee aatankee,
    Why this Kolaveri Kolaveri Kolaveri di ?
    Cheeni samundar poorab dakshin
    Tibet Sunkiang uttar paschim
    Why this dragon fuming fuming fuming di?
    Wall street par kabza kabza,
    Obama election mushkil ho gayee,
    Why this tea party, tea party, tea party di?
    Manmohan Singh ki ab ghanti baj gayi
    Kisi baat mein kuchh nahi chaltee
    Why this FDI, FDI, FDI, di?
    Nehru Indira Rajiv Sonia,
    Rahul ki ab baree aye,
    Why this Gandhi-Nehru, Gandhi-Nehru, Gandhi- Nehru di?

 
Towards the East, China continued to flex its muscle in its north-west, east and south. Towards the north-west, XingXiang and Tibet continued to remain volatile while its disputes with Vietnam, Philippines and others got back into the news at the East Asia Summit held last month. Towards its East it continues to have problems with Japan, Taiwan, Korea and even Australia. There were tensions even in Inner Mongolia.
 
US President, Barack Obama, thought it necessary to personally attend the East Asia Summit to re-state the significant US strategic stakes in the Asia-Pacific region. Relations between China and India also keep flaring up from time to time, the latest two instances being China's objections to India exploring oil on behalf of Vietnam in the South China Sea and China's objection to the Dalai Lama addressing an International Buddhist Conference in Delhi. India has stood its ground on both issues so far.
 
By far the biggest event of the year, however, was the killing of Osama bin Laden by the US Marines in a mansion at Abbottabad, a couple of hours drive from Islamabad. While the event did sour the US-Pakistan relations considerably, it definitely had the effect of turning back the tide of Islamic fundamentalism. The upsurge of the Arab masses in West Asia and North Africa against the long established dictatorships and the moderation in the approach of Islamist parties like the Muslim Brotherhood is some evidence of that.
 
New Year's Eve is, however, an occasion for ringing out the old and ringing in the new. It is time for everyone to hope and wish that the US economy will finally turn around and that the European debt crisis would be over soon. It is time to hope a wish that the people in West Asia and North Africa will enjoy their new found democratic freedoms. It is time to hope that the Pakistani civil society will finally assert itself and pressurize its civil and military authorities into giving up terrorism as an instrument of its foreign policy.
 
It is time to hope that China and India will solve their problems and ensure for themselves a prosperous future by focusing on mutual trade which may soon be approaching US $ 100 billion. It is time to hope that the new communist party leadership due to take charge in China towards the end of the New Year will be more open and tolerant of internal dissent and more cooperative with its neighbours in the east, the south and the north-west. It is time to hope that India will re-discover the golden mean it is famous for and Anna Hazare and the politicians will sit together to give the country a strong Lok Pal bill.
 
The year gone by has finally gone with all its sweat and turmoil and blood and all its market imperfections and melt-downs and the New Year is dawning on us. Let us hope for, enjoy and look forward to brilliant sun-shine in the year 2012. ·
 

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Zeitgeist Advisorate , zeitgeist Asia and S.G. Lakhanpal Associates are SBUs of

N.G.Lakhanpal Strategic Management Services – An ISO 9000:2001 company.

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