Recent Posts

Confusion, protests persist over Trump travel ban

  US President Donald Trump’s immigration ban and curb on refugee admission sparked a global backlash. It is highly confusing and utterly condemnable. Refugees, visa holders and permanent US residents are all among those affected. On the other hand, Homeland Security Secretary John Kelly issued a statement declaring that the entry of green-card holders is in the national interest. He ...

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The dream of cheap nuclear power is over now

  For much of my life, I loved the idea of nuclear power. The science was so cool, futuristic and complicated, the power plants so vast and majestic. I devoured science-fiction novels like “Lucifer’s Hammer,” where a plucky nuclear entrepreneur restarts civilization after a comet almost wipes us out. I thought of accidents like Three Mile Island and even Chernobyl ...

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India’s bad bank plan would be a $60bn mistake

  With most of its state-run lending businesses resembling one giant bad bank, it’s puzzling why India keeps toying with the idea of setting up a new one. The government’s annual assessment of the economy even invokes Sherlock Holmes to make a fresh case for an asset reconstruction company within the public sector. Other schemes have not worked, years have ...

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