The rapid speed of globalization and increasing economic interdependence has had a direct impact on defence policies and countries are constantly seen fine-tuning their priorities. Walden Bello argues in his book Dilemmas of Domination that the declining US hegemony would prompt US allies in Asia to alter their defence planning and strategies vis-à-vis emerging powers like China.
In the aftermath of North Korea's second nuclear test and the launch of three short-range missiles on May 25, 2009, followed by the launch of seven ballistic missiles into the Sea of Japan on July 4, there has been widespread speculation on Japan's principled position on non-proliferation and disarmament and whether it will abandon its nuclear abstinence and acquire nuclear capability. This possibility has been echoed recently by the US Secretary of State Hillary Clinton and Defense Secretary Robert Gates.
This article deals with financing of Islamist terror in Bangladesh, which on occasions becomes jihadi in nature, especially when it is directed towards India. The exercise undertaken studies developments in the area of terrorist finance in Bangladesh post-9/11, but does not claim to fully estimate the volume of terror financing in that country. The attempt has been made to throw some light on an area where little research has been done. The article argues that the Government of Bangladesh has shown a half-hearted approach towards checking the finance of terrorism.
The February 2009 Swat deal between the Taliban and the Pakistan Government, the current Pakistani Army offensive against Taliban strongholds in various areas of Federally Administered Tribal Areas (FATA) and the North West Frontier Province (NWFP), and the Talibani response to those operations through terror attacks in various Pakistani cities, sharply underline the clear and present threat to Pakistan.
