Category Archives: Economics

Mexican Crisis or Peso Crisis of 1994

The Mexican crisis of 1994 or the Tequila crisis or Peso crisis was an economic crisis witnessed in Mexico during the last decade of 20th century. This was the first international economic crisis catapulted by a sudden flight in foreign capital from a country. To consider only the domestic reasons for the Mexican Crisis would… Read More »

India’s involvement in Chabahar Port

In this era of globalization, economic heft and power dynamics are acting as twin driving forces for geopolitics. Chabahar is an Iranian port on the Makran coast in the Gulf of Oman which has become a new tipping point in the world’s geopolitics. After an MOU signed in 2003 by the Indian PM AB Vajpayee… Read More »

Sericulture in India

Sericulture or silk farming is the rearing of silkworms for the production of silk. Sericulture is an age old practice in India. The Aryans discovered silkworm in the Kashmir valley. Indian epics like the Ramayana, Rig-Veda and Mahabharata also mention the use of Pitambara (silk cloth of Indian origin) and Chidambara (silk cloth of Chinese… Read More »

Iraq Crisis 2014: Understanding the nemesis

The Iraq crisis of 2014 or the northern Iraq offensive began on 5th June 2014 in the Northern regions of Iraq led by the Islamic State of Iraq, Syria and Levant (ISIS) against the Iraqi government following the earlier clashes which began in December 2013 (Levant region consists of Syria, Lebanon, Israel, Palestine, Jordan, Cyprus… Read More »

China and the 9 Dotted Line in South China Sea

With Asia becoming the powerhouse of the re-surging world economy, the waters of South China Sea have become a flashpoint in the world geopolitics. With the Chinese economy growing at unprecedented rates and challenging the pre existing global power equations, this sea has been the hotbed of discussions at many international and national forums. China,… Read More »