Adair Turner LONDON – Many fear that America’s withdrawal from the Paris climate agreement will undermine the international consensus to reduce greenhouse-gas emissions. Yet just in the last month, there have been two major steps toward widespread carbon pricing where it is needed most. To be sure, carbon pricing is …

The Economic and Finance Committee of the National Assembly held a high powered hearing on various issues around the Economic Stimulus Plan (ESP). Though this is not the first time that hearings are being held this is the first time that it was done at such a high level with …

By  Hélène Rey International monetary and financial systems may not be immutable, but nor do they change often. That is why the upheaval spurred by US President Donald Trump’s trade and tariff war is so remarkable – and difficult to decipher. To figure out what is going on, it is …

The brutal terror attack and killing of 26 innocent tourists on 22nd April in Jammu and Kashmir has triggered military conflict and attacks between India and Pakistan. From the wee hours of 7th May till 9th May there were military attacks and exchanges between both sides with the situation only …

By Richard Haass NEW YORK – This is hardly a golden era of diplomacy. A ceasefire – let alone a lasting peace – between Russia and Ukraine remains a distant possibility, and neither Israel nor Hamas seems to view a long-term truce in Gaza as a priority. The one bright …

A senior foreign journalist who interviewed several Bhutanese had many good things to say about Bhutan and Bhutanese, but she noted a troubling and deep sense of complacency. It is this sense of complacency that has landed us in all kinds of troubles from mass migration to Australia to the …

In 2006, His Majesty The King, then as a Crown Prince, visited Thailand to inaugurate the Royal Flora Ratchaphruek exposition in Chiang Mai commemorating the 60th Birth anniversary of King Bhumibol Adulyadej. In a simple but thoughtful gesture the Crown Prince gave a bow of respect to the revered Thai …

Bhutan saw the advent of electoral democracy in 2008 with all the state institutions like Parliament and Constitutional bodies. However, a big question for Bhutanese democracy was what would it mean for people beyond voting every five years, how would check and balance really work, will democratic culture take root …

For a long time, Bhutan had the high value and low volume tourism policy, but things changed when Bhutan hired McKinsey during the time of the first government. The McKinsey team which had a lot of young Indian graduates studying and prescribing solutions to accelerate Bhutan’s economic development recommended promoting …

By Kaushik Basu NEW YORK – On March 26, President Donald Trump signed an executive order imposing a 25% tariff on all cars and light-duty trucks imported into the United States. This measure took effect on April 3 – one day after the administration rolled out its “reciprocal tariffs” on US trading …