In the eigth century, King Offa of England decided to mint coins with the Islamic declaration embossed on the rear. It was no doubt a practical decision by a ruler who wanted to trade with the increasingly close by and wealthy Muslim world. The 21st century is no different: trade still governs the reality of life.
In the eigth century, King Offa of England decided to mint coins with the Islamic declaration embossed on the rear. It was no doubt a practical decision by a ruler who wanted to trade with the increasingly close by and wealthy Muslim world. The 21st century is no different: trade still governs the reality of life.
Whilst working as a researcher and speechwriter in Parliament last year, a staffer from the Chinese Embassy asked me why the British media continually talked down students' achievements. I was shocked to find that the indignation we display towards young people in this country is reported around the world
During the last three years alone, China has given more loans to developing countries, mainly in Africa, than the World Bank. Trade between China and the continent has increased in the last decade, more than six-fold to $120bn in 2011, making China Africa's largest trade partner. While China's renewed activities in Africa have been applauded by many African leaders as an alternative to Western economic and political dominance, not everyone is comfortable with the so-called "partnership". China's engagement with Africa is viewed with suspicion especially in the West, with some commentators and politicians describing it as a new imperialist.
Trade and aid can be drivers of sustainable development: Fairtrade certification has demonstrated that, when poor farmers in developing countries are supported financially with development aid to become organised and are provided with an opportunity to tap into, and benefit from, global trade there can be a significant impact on poverty reduction at the local level.
The procurement choices of the Indian air force rarely make the UK news. Not so the announcement of 31 January that the Indian government had selected the Rafale jet fighter in preference to the Eurofighter Typhoon. The decision was reported widely, often emotionally, in UK print and broadcast media.