The Wall Street Journal is reporting that minutes of a meeting in China two months ago reveal that officials there have abandoned their commitment to give market forces greater sway in setting the yuan’s exchange...
Citizens in north and western India have been reeling under scorching temperatures, with Phalodi in Rajasthan recording 51 degrees. The heat wave is expected to last for the next couple of days. Officials at the...
It has been long recognized by the investment community that power in Turkey was concentrated in Erdogan’s hands. He enjoys incredible power in the ceremonial presidential post and brooks no rivals. Common among authoritarian leaders...
Yes, it was embarrassing for the part of the Indian government to first approve the e-Visa of Dolkun Isa and then cancel the same. An Uighur activist rallying for the cause of the largely suppressed...
Under Kuroda’s leadership the BOJ has surprised the market a number of times, most recently with the move to negative rates at the end of January. It is not that such a move, which has...
At the IMF/World Bank meetings this week, Chinese officials are again pushing for greater use of the IMF’s unit of account, Special Drawing Rights. It is China’s turn as the rotating host of the G20,...
Sure, space exploration costs money. And Internet entrepreneurs have lots of it. But we’ve got to stop the likes of Milner, Zuckerberg and Musk expanding their power beyond Earth, writes DW’s Zulfikar Abbany. I’m surprised...
The creation of Pakistan was a product of insecurity and uncertainty about the Muslim identity in a Hindu majority Indian Sub-continent. Although, a lot of people in India and Pakistan credit Mohammed Ali Jinnah as...
Helicopter money is the rage. Central banks are talking about it. Economists are debating it. The media is rife with coverage. While it sounds important, it is not precisely clear what helicopter money means. It...
It’s almost too good to be true: The US national anthem is playing at Revolution Square in Havana, and US President Barack Obama and Cuban leader Raul Castro are seeing off the military parade together....
A new study tallies the enormous economic costs of the war in Syria – and its tragic effects on millions of Syrian children. With much of the country in ruins and half its population displaced,...
India is considered to be the fastest growing large economy in the world. Then why are we still complaining about low growth rates in the economy. For India any growth rate above 7 per cent...