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Consumers’ Cartel No Panacea to Resource Nationalism

With the price of oil crossing $110 a barrel, the oil-importing countries' concerns have been mounting. Not surprisingly, the issue of whether the time is now ripe for energy consuming countries to take measures to counter the producers' growing clout is being discussed, including the formation of a consumers' cartel, to force exporters to bring down prices.

LTTE Woos Tamil Nadu

LTTE Political Head P. Nadesan’s recent call to Tamil Nadu Chief Minister Karunanidhi to “turn into a supporter of LTTE struggle” in an interview to ‘Kumudam,’ a Tamil weekly, is an example of the outfit’s efforts to woo Tamil Nadu and Karunanidhi in particular. It also underscores the importance of Tamil Nadu for the LTTE at a time of its most pressing crisis. Of late, the Tigers seem to have increased their dependence on, and activities in, Tamil Nadu, which they consider to be a rear base.

Shanghai Co-operation Organisation: Countering NATO’s Move

The August 28 SCO summit in Dushanbe will be viewed with keen concern by most international watchers. It comes on the heels of China’s successful conduct of the Olympics and Russia’s military assertion in Georgia. Both Russia and China have been keenly nurturing the Shanghai Co-operation Organisation as an exclusive nucleus to undercut the US strategic outreach.

Is Expansion on the SCO Agenda?

The Shanghai Cooperation Organisation (SCO) is no more a curiosity and has become an important element of contemporary international relations. Since 2005, it has emerged as an influential regional body in Eurasia impacting the political, security and economic developments in this region. The last SCO summit, held in Bishkek on August 16, 2007 focused on issues of countering terrorist threats, boosting security cooperation and developing energy resources within the SCO framework. The summit concluded by signing a treaty on “good-neighbourly relations, friendship and cooperation.”