By Indira Kannan, CNBC-TV18

Investment Guru George Soros has released a new book - 'The New Paradigm.'

In his new book, George Soros has said that the current financial crisis will be more severe and longer than the past crisis have been.

He thinks the ability of the US Fed to cut rates will be constrained by the unwillingness of the rest of the world to hold the dollar. Soros believes that India, China & oil producing Gulf countries are seeing a dynamic development that may not be disrupted by the US crisis.

'The New Paradigm' is currently available exclusively as an e-book. The hard-cover edition will be published in May.