Word: powerized
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...recession: gas-intensive industrial production is down 12.8% since this time last year, according to Barclays Capital bank estimates. On top of that, there's weather: this has been a cool summer in much of the U.S., so less natural gas has been burned for electricity to power air-conditioning than in recent years. (Read "America's Untapped Energy Resource: Boosting Efficiency...
...problem runs deeper - ever since an overwhelming mandate in this year's elections returned the centre-left Congress party to power, the BJP has been caught in ideological drift, unsure of its own identity and role as India grows into a world power. On Monday, BJP stalwart Arun Shourie urged the Rashtriya Swayamsevak Sangh (RSS), the BJP's mother organization and champion of Hindu nationalist orthodoxy, to "take over" the party, implying that the only way the party could get its act together is to go back to the lock-step discipline of the RSS. This, however, would also entail...
...Strident Hindu nationalism worked in the 1990s, channeling upper-caste Hindu resentment at the rising political power of the lower castes, and giving voice to urban middle-classes who backed pro-market, liberalizing reforms. Back then, the BJP successfully occupied a nationalist space ceded to it by a weakened Congress - staging events harking back to an idealized Hindu past, such as the theatrical "rath yatra" (literally, a chariot ride, but used here to allude to the mythical Lord Rama's quest to slay the evil Ravana) that motivated frenzied crowds of Hindus to demolish an ancient mosque in December...
...growing consensus. When in opposition, it has been an outspoken critic of the Congress party-led government's liberalization policies, seeking to speak for workers and small businesses perceived to have been disadvantaged by reforms. This marks a reversal from its own professed business-friendly politics when in power not long...
...Assembly. That resumption of direct contacts would be a major boost for Obama's stated foreign policy priority of laying the foundation of lasting peace in the Middle East. And it would also reverse the dramatically deteriorating Israeli-Palestinian relations that helped lift hard-line, mutually hostile governments to power on both sides of the divide. (See pictures of heartbreak in the Middle East...