CHICAGO – Last month’s midterm elections in the United States were surprising in more ways than one. The Democrats’ unexpectedly strong performance not only has shifted the political terrain for the next two years, but has revealed that a substantial number of voters across party lines, many of them young, …
Read More »A time to be grateful
We must always look forward and improve our standards to progress, but it is also important to sometimes look back and be grateful to not lose touch with our roots and to even learn lessons from the past. On the 115th National Day it is a time to look back …
Read More »Food Security Is National Security
CAIRO – Despite containing 60% of the world’s uncultivated arable land, Africa has been a net food importer for decades. According to the most recent estimates, food imports are the biggest budget item for many countries across the continent. Amid surging food prices and an appreciating US dollar, Africa’s food bill has …
Read More »Repeat observations
One of the depressing things about reading the annual RAA report is not just the findings, but how the findings seem to repeat over the years and quite frequently the agencies and at times even the characters. There is almost a Déjà vu feeling about the whole thing and you …
Read More »The Global Climate-Finance Challenge
LONDON – The dust has now settled after the United Nations Climate Change Conference (COP27) in Egypt, but there are still many unanswered questions about how to finance emissions reductions and adaptation. The world will not avoid dangerous levels of climate change without a significant increase in investment in developing …
Read More »Soelra culture and MPs
In 2008 soon after MPs were elected to their posts they started getting calls from constituents requesting for voucher recharges and many complied. It was from then that our political thinking and culture took a very wrong turn with people expecting soelra and gifts from politicians for their votes. The …
Read More »The Napoleons of Big Tech
LONDON – Companies have long had to manage “key person risk,” even taking out insurance against the possibility of losing top executives through death, illness, or injury. But the collapse of the crypto exchange FTX, Meta’s plummeting share price, and the chaos at Twitter following its takeover by Elon Musk suggest that “key people” can pose …
Read More »Empowering people to make reforms work
One key aspect of the recent Royal Address in the Parliament was that despite a lot of budget and time spent in the past to address various issues facing the nation, the outcome was not satisfactory. The address in essence brought out the repeated failures of the governance system and …
Read More »Local taxes for local development
The Property Tax Bill is a long due up gradation of the land and property taxes stuck since 1992. However, what does not make sense in this bill is the provision to transfer the local land and property taxes collected so far in local government CD accounts into the central …
Read More »Bold Tax moves by the Govt
In the last year of any elected government, they normally stay a mile away from any controversial decisions or legislations that would impact its political prospects. The most controversial of these are tax legislations that increases taxes. However, almost counterintuitively this government has already introduced two major tax legislations that …
Read More »
The Bhutanese Leading the way.