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A Turning Point

The latest visa data confirms what scenes at Paro International Airport have already suggested; the so-called “Australia rush” is far from over. In just the first six months of FY 2025–26, 5,916 Bhutanese were granted Australian visas, nearly matching the total for the entire previous financial year. If the current …

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India’s Middle-Power Dilemma

By Ajay Shah NEW DELHI – Canadian Prime Minister Mark Carney has issued a battle cry in the global fight against deglobalization. In a historic speech at the World Economic Forum’s annual meeting in Davos, he called on the world’s “middle powers” to take a new approach to revisionist powers, a list …

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GST Squeeze on the Service Sector

With the rollout of the Goods and Services Tax (GST), public attention has largely been fixed on the price of goods. This debate, while important, has obscured a far more consequential shift taking place quietly in the background: the first-time taxation of a vast and diverse service sector that forms …

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Trump Has Abandoned the World

By Gordon Brown EDINBURGH – On January 27, US President Donald Trump’s second withdrawal from the Paris climate agreement will finally take effect. This follows his announcement on January 7 that the United States would leave an additional 66 international organizations, including 31 United Nations entities and 35 non-UN bodies, …

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GST and prices

There are four main reasons for the price increases under the new GST Tax regime. The first is that GST by itself increases prices of zero rated items under the old Bhutan Sales Tax by (BST) at least 5% and these are items like vegetables, cereals, medicines, fruits etc. This …

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A Gangster’s-Eye View of Global Power

By Jayati Ghosh NEW DELHI – There is a method behind the apparent madness of US President Donald Trump’s transactional, spheres-of-influence approach to geopolitics and the global economy. Nowhere has this logic been clearer than in his administration’s illegal abduction of Venezuelan President Nicolás Maduro and its ongoing efforts to …

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