Developer

Don’t Rule Out a US-Iran Nuclear Deal Just Yet

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 …

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Complacency

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 …

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A Royal Friendship

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 …

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The Hotel Question

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 …

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Trump’s Tariffs Will Accelerate America’s Economic Decline

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 …

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A game rigged against the private media

From available public records Kuensel in 2021 made a revenue of Nu 150.09 million a good chunk of which was made possible by direct government printing, advertising and other works as pointed to by the current Finance Secretary who said the government subsidizes Kuensel through such jobs. However, the same …

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A changing world

For the first time in many decades, the global tectonic plates of geopolitics are shifting and it will have significant impacts on Bhutan in the years to come. The foreign policy of U.S. President Donald Trump is firstly an isolationist one that withdraws from its global role, and secondly there …

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A World Turned Inside Out

By Stephen S. Roach The world’s major growth engines are about to run in reverse. The policies and uncertainties of US President Donald Trump’s second administration have hit a sluggish global economy with a transformational exogenous shock. Risks are especially worrisome in both the United States and China, which have collectively accounted …

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