Bolivia's Foreign Minister David Choquehuanca is on a European tour launching a diplomatic offense to try to end the international ban on chewing of Coca leaf.

Coca is a plant native to Western South America, is of really high value for the native people of the region. The plants finds its roots in the culture, heritage and the religion of the native people as well as is used in many domestic medical practices.

Coca is traditionally cultivated in the lower altitudes of the eastern slopes of the Andes. Since ancient times, its leaves have been an important trade commodity. It is widely consumed by the Andean peoples of Peru, Colombia, Ecuador, Venezuela, Bolivia and northwestern Argentina.

Plant being useful for so many things was once backbone of the economy of the region before a call for the prohibition of the use of the coca leaf except for medical or scientific purposes was established by the United Nations in the 1961 Single Convention on Narcotic Drugs. The convention says that coca-chewing be eliminated within 25 years of the convention coming into effect in 1964. The ban is backed by many countries since coca is a raw material for producing drugs like cocaine. US which is the largest consumer of cocaine backs the ban to eradicate and control the cocaine consumers.

Plant forming much of the part of the culture, it is tough for the people to obtain, chew or use Coca after the international ban. There is big resistance against this law and has united the Andean region.

In the beginning of the 21st century, Bolivia, Peru and Venezuela together urged for expanding the legal trade of the crop. With the strong words used by Eva Morales of Bolivia in UN general assembly "coca is not Cocaine" and by Hugo Chavez of Venezuela in Venezuelan National Assembly  showing his biceps, "I chew Coca every day and see how I am," Both the countries are hoping that their problem will not go unheard.

Bolivia's first indigenous head of state, Mr Morales who is also a former coca grower and leader of a trade union of coca grower asked the reporters "How can it be possible that the coca leaf, that is the symbol of our identity, which is ancestral, is penalised?" as quoted by the BBC.

Scroll down if you are looking for comment form, your comment is very much appreciated!!

By calling the currently dominated currency system by US as "the product of the past." Chinese president Hu Jintao called for a change in its system by replacing US dollars with Yuan, its own currency.

Mr Hu also criticized the decision by the US Federal Reserve to inject $600bn into the economy, which some argue will weaken the dollar at the expense of other countries' exports. "The monetary policy of the United States has a major impact on global liquidity and capital flows and therefore, the liquidity of the US dollar should be kept at a reasonable and stable level," said President Hu, as quoted by the BBC.

A global currency is the currency in which vast or major amount of trade/transaction takes place, presently most of the countries trade on the basis of US Dollar, but after the global economic crisis of 2009 China and Russia called for an urgent revision of international currency system and supported the consideration of a global currency.

Till date Spanish Dollar (17th - 19th century), Gold (19th to World War I) and US dollar (20th century) had been used as international currency and now US dollar and Euro serves the same.

On March 2009, Russia had called for a supranational reserve currency as part of a reform of the global financial system, which supports diversification of the list of currencies used as reserve ones. Whereas in the same month, President of People's bank of China called for the creative reform of the existing international monetary system towards an international reserve currency," as it would significantly reduce the risks of a future crisis and enhance crisis management capability.

Money always adds to the power, but today's wars are literally fought with money. A powerful economy can manipulate its currency to gain the most from international export trade. US blames China of manipulating Yuan, and rest of the world blames US of adopting selfish policies which makes US dollar strong at the expense of other economies of the world.

Scroll down if you are looking for comment form, your comment is very much appreciated!!

Year 2011 has so much for Obama and Pakistan, atleast we believe that Obama has so much to do for Pakistan in the year 2011. He indicated a visit to Pakistan in 2011 when deep sorrow was expressed by Pakistan as Obama did not include Pakistan in his Asia trip last year.

This visit can bring lots of changes in Pakistan as the administration in America has understood that the root of terrorism lies deep in Pakistan and to get rid of this evil we have to work with them. The war in Afghanistan is now the longest war ever in the American history. The amount of money spent in this could actually have saved many American companies from going bankrupt in the last recession period. Though with surprise drone attacks US has created tensions among various terrorists thus preventing them from creating a new plan. but couldn't prevent recent attacks in Europe.

Pakistan in some manner, directly or indirectly remained epicentre of various high profile terrorists attack. With the fastest growing nuclear arsenal in the world, the world is afraid that Pakistan might train the militants for using nuclear weapons.

While Obama himself looking for market can actually gain a lot from Pakistan's young workforce, farm and textile sector. Help them provide light weapons needed to counter terrorism instead of providing F-16 will help both. There is a need of changing education system in the villages of Pakistan, there is no doubt that the current system has nourished and created many such terrorists who fight for religion. It is clear that to control the situation in Afghanistan there is a need of having a peaceful Pakistan ensuring that it will never support terrorism against any other nation. And for that the world & Pakistan has to work to satisfy its citizen. Divert there energy towards productive work.

Scroll down if you are looking for comment form, your comment is very much appreciated!!