Is China the most worrisome debt crisis today?
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In a first of its kind, the India-US World Affairs Institute of Washington partnered with the Robert H. Smith School of Business, University of Maryland and the Federation of Indian Chambers of Commerce & Industry to prepare a comprehensive report on "How America Benefits from Economic Engagement with India." The authors of the report are Professor Vinod Jain of the University of Maryland and Kamlesh Jain, Director of Research & Education at the India-US World Affairs Institute.
The study, released on June 15 by Congressman Jim McDermott, Co-Chair of the Congressional Caucus on India and Indian Americans, provides, for the first time, a comprehensive analysis of America’s economic engagement with India for the period 2004 to 2009. The analysis covers India’s foreign direct investments into the United States and U.S. exports to India, as well as an assessment of their impacts on the American economy. Also included in the study are the economic impacts Indian Americans are having in the United States.
Q: And neither do you regret having supported the Islamic fundamentalism, having given arms and advice to future terrorists?B: What is most important to the history of the world? The Taliban or the collapse of the Soviet empire? Some stirred-up Moslems or the liberation of Central Europe and the end of the cold war?
Q: Some stirred-up Moslems? But it has been said and repeated Islamic fundamentalism represents a world menace today.B: Nonsense! It is said that the West had a global policy in regard to Islam. That is stupid. There isn't a global Islam. Look at Islam in a rational manner and without demagoguery or emotion. It is the leading religion of the world with 1.5 billion followers. But what is there in common among Saudi Arabian fundamentalism, moderate Morocco, Pakistan militarism, Egyptian pro-Western or Central Asian secularism? Nothing more than what unites the Christian countries.