Fair Observer - World News, Politics, Economics & Business

What Will It Take for Uber to Become Profitable?

Uber has to fix its business model to make it profitable in a sustainable way, and the wake-up call for that has come from its second-quarter results, according to experts. More worrisome than the loss in the latest quarter of $5.2 billion — inflated by a one-time, non-cash stock charge of $3.9 billion related to its initial public offering (IPO) — is that while the...

An Election Brings Abkhazia Back into Focus

Rejeanne Lacroix

The disputed existence of the breakaway republics of Abkhazia and South Ossetia has come into focus again in the context of the ongoing diplomatic dispute between Russia and Georgia and the August anniversary of the 2008 Russo-Georgian War. Abkhazia remains at the heart of discussions because its upcoming election on August 25 is reflective of the duplicity of post-Soviet electoral spectacle and a hope for...

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What Lies Behind India’s Bold Bet on Kashmir?

Atul Singh & Manu Sharma

On August 5, the press around the world noted that India had ended special status for Jammu and Kashmir. The media in the Muslim world such as Dawn and Al Jazeera shone the light only on Kashmir. So did the BBC and The New York Times. This is understandable. Given...