OPINION

NEW YORK – Economists are supposed to be good at understanding risk. Decision-making in the face of uncertainty, after all, is the discipline’s bread and butter. Yet at a time when real-world risks – geopolitical, macroeconomic, financial, public-health, and environmental – are piling up, many economists seem to be at …

The INR 1,200 per day SDF for Indian tourists is aimed at checking mass tourism which was becoming a major issue in Bhutan.Bhutan was being sold as a destination cheaper than most mass tourism sites in India like Goa, Manali, Darjeeling etc. by some Indian tour operators.  The result was …

LONDON – Scientists have longed warned that climate change will adversely affect weather patterns and living conditions around the world. These warnings are now turning into a painful reality. Worse, the range of possible outcomes has proven to be increasingly “fat-tailed”: extreme weather events such as heatwaves, severe storms, and floods are …

There is a blunt truth why people leave for Australia, America or Canada, and currently mostly to Australia.  While local research and data, news and noises tend to portray reasons for leaving like, workload, hierarchy, lack of amenities, work atmosphere, lack of incentives and recognition and other reasons -the hidden …

WASHINGTON, DC – The US Department of the Treasury’s Office of Foreign Assets Control recently sanctioned a technology called Tornado Cash, on the grounds that it “has been used to launder more than $7 billion worth of virtual currency since its creation in 2019.” Such enforcement measures are nothing new. But what …

CHICAGO – Russia’s blockade of Ukrainian food shipments and the potential loss of Ukrainian harvests due to disruptions from the war have dominated headlines in recent months. Between February and June, global wheat prices surged by more than 60%, fueling humanitarian concerns and warnings from international development agencies about increased food insecurity in poor African and Asian countries. But many of these headlines …

CAMBRIDGE/CHICAGO – US Speaker of the House Nancy Pelosi’s headline-generating visit to Taipei has reminded the world how much Taiwan matters to China. But Taiwan also should matter to the democratic world. It is no secret that the Communist Party of China (CPC) is committed to unifying Taiwan (which it views as …

By Ambassador Gurjit Singh In a globalising world there was an increasing shift towards development partnership. Today, when globalisation is threatened due to the pandemic and a new war in Europe, there is a greater requirement for development partnership programmes. India’s approach to development partnership was rooted in the experience …

CLAREMONT, CALIFORNIA – US Speaker of the House Nancy Pelosi’s arrival in Taiwan has incited a predictably strong response from China. Chinese warplanes have brushed up against the median line dividing the Taiwan Strait. The Chinese foreign ministry has warned of “serious consequences” as a result of Pelosi’s visit to …

HAMBURG – As Sri Lanka’s economy unravels before our eyes, one must ask how this could happen in a country that is historically known for its high standard of living and stable economy. Sri Lanka’s achievements go back decades, giving it a per capita GDP that is 70% higher than India’s, and …