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“What we call the beginning is often the end / And to make an end is to make a beginning.” So said Ursula van der Leyen, the president of the European Commission, announcing the completion of Brexit negotiations on Christmas Eve, quoting from T.S. Eliot’s “Little Gidding,” the final...
Last month, 15 Asia-Pacific countries formed the world's largest trading bloc. The Regional Comprehensive Economic Partnership (RCEP) is China’s response to the US jettisoning the Trans-Pacific Partnership (TPP) under President Donald Trump. The deal excludes both India and the US. Though the...
Joe Biden’s victory in the US election is distressing news for Jair Bolsonaro, Brazil's right-wing populist president who admires Donald Trump. Five days after the American media called the race in Biden’s favor, Bolsonaro was yet to congratulate the Democrat. Since Brazil became a democracy...
In September, India passed three bills that immediately led to protests by farmers demanding to repeal the legislation. The new laws seek to remove the government’s minimum support price for produce that shielded India’s farmers from free-market forces for decades. In allowing the farmers to...
This week, to mark the publication of Scott Galloway’s book on the economy, “Post Corona,” Yahoo Finance interviewed the best-selling author, who is also a tech entrepreneur and professor of marketing. Surveying the damage done by the COVID-19 pandemic, Galloway delivers a broadly...
The reason for the China-India standoff in the Galwan Valley may not be the oft-mentioned construction of the Darbuk-Shyok-Daulat Beg Oldie (DSDBO) road. The new thoroughfare improved Indian logistics in the Ladakh area, meaning that supplies and troops can be deployed with far greater speed....
For years, India suffered from what came to be called the “Hindu rate of growth” — a result of Jawaharlal Nehru’s policy choices. India’s first prime minister had a fascination for the Soviet Union and championed socialism. In India, this socialist economic model was incongruously...
As the European Union is approaching the Brexit endgame, the risk of further fragmentation is looming over its already fractured capital markets. The future composition of Europe is not the only force at play. Regulatory divergence, reignition of a trade war between the United States and China,...
Most businesses perish not because of strong competition or adverse macroeconomic conditions but because of cracks within. One such failing is weak corporate governance. For publicly listed companies, this often translates to controlling shareholders or “promoters” pursuing policies and...
Cartagena’s city center is a vibrant and colorful area full of international visitors. However, the outskirts paint a different story. Here, the invasiones, the shanty towns that surround the main city, are ridden with poverty. The effects of inequality stem beyond economic concerns as...
According to the Centre for Monitoring Indian Economy, India faces a serious decline in employment due to the COVID-19 crisis. An estimated 122 million people lost their jobs during the first quarter of 2020. Streams of migrant workers returned to their villages — often the only fallback option...
