With less than a month until British citizens vote on whether the U.K. should stay in or leave the European Union, Americans could be forgiven for being preoccupied with their own political dramas. Still, President Obama conspicuously weighed in on the British debate in April, writing in The Daily Telegraph “with the candour of a […]
In the days of the British Raj, India was a subject of British rule in terms of politics and economy. Fast forward 70 years and the situation has somewhat reversed with Indian companies, most notably Tata, influencing the British economy. Read Here – Global Risk Insights
While the immediate catalyst for economic restructuring is the impact of the sharp fall in international oil prices, the rationale for these reforms has been evident for much longer. With oil sales generating the bulk of government revenues, and with the public sector being the predominant employer, Saudi officials have long worried that the Kingdom’s […]
Today’s China is nowhere near the point of another Cultural Revolution, and the 50th anniversary of the start of that traumatic era will go unmarked in official circles. Chinese leaders “are frightened of the Cultural Revolution,” says the historian Frank Dikötter. “They think that’s what might happen if you give ordinary people a say.” Read […]
When President Barack Obama was elected in November 2008, the U.S. economy was shrinking at a rate unmatched since World War II. In the seven years between then and his final State of the Union address Tuesday night, global investors have enjoyed stellar results from the rapidly expanding Obama economy. Read Here – Bloomberg
Justin Trudeau beamed as he explained why he felt the need to put together Canada’s first cabinet with an equal number of male and female members. “It’s an incredible pleasure for me to be before you today … to present a cabinet that looks like Canada,” Trudeau said in his first statement as Canada’s 23rd prime […]
The liberalization of the one-child policy had been expected—and virtually inevitable. China, after all, is heading toward accelerated demographic decline. The country’s population is now projected to peak in 2028, well before the 2030–2035 timeframe expected just a half decade ago. In all probability, the top will be reached earlier, maybe in 2020. Read Here […]
While economics works well between China and the United Kingdom, it is a tricky diplomatic route for Cameron and he will have to ensure that his newfound bonhomie with Xi doesn’t make the old ally in Washington too nervous. He will have to carefully walk the fine line between keeping old, historic ties in place […]
The future of global inequality, in other words, rests on India’s shoulders. To join the global middle class, India must do much better. It must improve infrastructure and education. It must implement good governance and reduce harmful corruption. It must attract foreign investment and make growth a priority. And it must do all this while […]
