Some international investors seem oddly troubled at prospects for India with a chastened Modi at its helm. There should be relief in the election results. Fresh economic reform may address the severe unemployment that is a curse on the Indian story. The allure of economic growth has sustained global interest in India. The outlook is […]
In frustration over mounting challenges in the Middle East, Congress is channeling its energy into criticism of Qatar. The Gulf state is fast becoming an American whipping post for hosting Hamas leadership, not to mention its instinctual remark when Gazan forces breached security fences. The Qatari Ministry of Foreign Affairs declared, “Israel is solely responsible […]
The Russia-Africa Summit on July 27-28 was an awkward affair. For some analysts, the event spotlighted how isolated Putin has become. That may not be entirely true. The raw economic strength represented in St. Petersburg—including heads of state from all of North Africa, except Tunisia, and the country of South Africa—was notable under the circumstances. […]
Brazil is an economic powerhouse. Still, its global influence wanes as economic trends elsewhere mean its total share of the world economy is declining. Brazilian President Lula da Silva seems intent on shifting that sentiment, at least in diplomatic theater. An obstacle is that there is not enough room for Brazil also to be stage […]
Mexico may have caved to US pressure on its nationalist approach to the energy sector in an unexpected way. Amid a simmering dispute over US investment south of the border, Mexico has diffused tensions in a swift, if not bold, economic-policy move. The populist government now plans to build as many as five solar power […]
Prime Minister Modi celebrated his birthday on September 17 by re-introducing a group of cheetahs to Kuno National Park, an outsized wildlife refuge in central India. The Asiatic cheetah, a subspecies of the African cheetah, once roamed freely across the nation. By 1952, the animal was declared extinct in India. One little-known fact: the word […]
A strange thing happened in Afghanistan this month. The Taliban outlawed poppy cultivation. On the surface, that decision would appear to be a bold, counter-narcotic move. Many argue that the policy will send the fragile Afghan economy further down the drain. Or will it? The breadseed poppy (papaver somniferumis) is the most important crop in […]
The existential threat to Egypt that is harbored in higher food prices is more than a topic for debate. Abu Dhabi just announced that it is backstopping Cairo with some $2 billion in investment, an approach that seems more palatable than a hastily-assembled aid package. The Gulf nation is purchasing shares in Egyptian companies that […]
In financial lore, IPOs are supposed to be a risk-free investment, especially in India. Strong stock-market momentum after the Covid-induced collapse of early 2020 attracted fresh institutional interest. Many of India’s startup jewels are replicas, up to a point, of successful tech companies elsewhere. The Indian heritage of using frugality to overcome adversity adds a […]
Tehran’s ability to project its stature across the Middle East has been severely curtailed in recent months because of the economic collapse at home. Most analysts expected to see a newly-assertive Iran in the wake of the US assassination of General Soleimani last December. If anything, the opposite has happened as Iranian authorities focus on […]
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