The two recent market developments, push lower in stocks, and higher in the dollar is continuing. Tuesday’s gains in the S&P 500 and NASDAQ were unwound on Wednesday and this is helping drag global markets...
New Zealand posted a 12.2% second quarter fall in its GDP as the country entered a coronavirus-induced recession. It is the largest fall since comparable records began. New Zealand on Wednesday entered recession with a...
The COVID pandemic has driven all to our wit’s end. The governments, medical fraternity and others are struggling to bring it under control. They are doing their best with all their might. Hats off to...
The UK government has confirmed rumors that had been circulating Westminster in recent days that it intends to alter the Brexit deal it negotiated with the European Union. The move has been widely condemned as...
Economic Insights: It always makes one thoughtful when the main moves in financial markets are in sovereign bond yields. The 30-year US Treasury (‘long bond’ ) yield rose by 21ps to 1.44% in the week,...
This prodigious attribute of human nature to be able to cope up with the uncertainties and not repudiating transitions elucidates the human existence for more than six million years. Humanity has survived several epidemics and...
The World Trade Organization is now leaderless. The task facing Roberto Azevedo’s successor is mammoth, from the need for reform to fighting protectionism. The process to succeed him is also quite labyrinthine. It’s a role...
Agricultural debt is one of the dominant problems in rural India today and relief from debt assumes great significance to the agricultural borrowers. India had seen two big farm loan waivers- one in 1990, an...
The Alliance for a Green Revolution in Africa (AGRA) is a favorite cause among Western donors — including Germany. But a study finds that the work of the organization is actually counterproductive. The Alliance for...
The US government said Europe had not done enough to be in compliance with WTO decisions. The EU has called for intensified efforts to resolve the trade dispute. European trade groups reacted with regret and...
The third decade of the 21st century is witnessing the biggest scatting, deadly, and the most cowardly attack on humanity. Covid-19 has hugely affected the lives and livelihoods of billions of people across the world...
Disney’s decision to release its $200 million ‘Mulan’ online might help short-term but digital revenues won’t make up for billions lost at the box office. This week Disney shocked cinema owners around the world when it announced...