By Naveed Qazi | Editor, Globe Upfront W orld's four emerging economies, Brasil, Russia, India, and China are poised to become the leading global economies in the twenty-first century. China's decade of unprecedented growth has eclipsed Japan as the world's second-largest economy. Brasil has harnessed its resources and has become the largest economy in Latin America. India will soon become the most populated country in the world, with a young and educated workforce. Russia, for a while, has dominated its position as the world's leading energy supplier. Recent economic data on foreign direct investments, both to and from, these countries reflect the appearance of the rise of a new economic bloc on the world stage. FDI outflows from BRIC states accounted for $146 billion in 2011. This is almost 10 percent of the world's GDP output, shared by four developing countries. World Investment Report (2012) ascertains that outward FDI from developing nations by ...

                            By Naveed Qazi | Editor, Globe Upfront American imperialism did not begin with the wars in Iraq and Afghanistan. Historians and journalists have traced its roots back to 1898, when the US annexed Hawaii and seized Cuba and Puerto Rico. Contemporary press accounts described how President William McKinley presided over the invasion of Spanish‑occupied Puerto Rico, a moment that symbolised America’s transformation into a global power. Exhibitions and historical features have since highlighted how the War of 1898 marked a decisive shift, with the US acquiring territories in the Caribbean and Pacific, including Guam and the Philippines, and setting the stage for its imperial reach. This expansionist logic carried forward into the 20th century. Ronald Reagan’s administration brought covert wars to Central America, destabilising Nicaragua, El Salvador, and Guatemala. Journalis...