The debt of US nonfinancial businesses had already surged in recent years, but when the Pandemic hit, businesses went on a borrowing binge as the Fed has repressed interest rates to record lows even for...
In case anyone was wondering, the title of this edition of Economic Insights is a misquotation from the C19 English poet Robert Browning and constitutes, therefore, a literary upgrade to the previous edition’s self-indulgent punning...
A detailed study of competitiveness in the global economy ranks the US top of the 140 countries included. The report suggests that few governments have begun to plan for the impact of the fourth industrial...
The Asian city-state has taken the lead in becoming the location of the world’s first public experiment with self-driving taxis. The outcome of the trial is likely to revolutionize the global automotive industry. The world’s...
Mauritius has long been the favoured route for investment into India, because of the beneficial capital gains tax treatment offered under the India-Mauritius Double Tax Avoidance Agreement (“DTAA”). In a far-reaching change that will perhaps...
Thick smog from burn-offs on Sumatra, Indonesia, has forced school closures across southern Malaysia. Police in Indonesia say two farmers have been arrested for setting peat on fire. Aerial water drops seem ineffective. Indonesia said...
