Back in 2014, Narendra Modi’s landslide victory was hailed by columnists in the Wall Street Journal and the Financial Times, who predicted that he would prove to be India’s Ronald Reagan or Margaret Thatcher, modernizing India’s economy with a revolutionary program of deregulation and privatization. Abruptly withdrawing more than 80 percent of the cash in circulation in India, Modi ...

  Oil forecasters no longer project a Hollywood ending for crude. These days, it’s more of a Bollywood ending. We wrote here about the torch of oil demand being passed from the industrialized world to emerging markets, especially China, in the past decade or so. Equally as important: The same trend can be seen in forecasts for future oil demand. ...

  Paul Kazarian says he’s spent “tens of millions of dollars” mobilizing a team of a hundred analysts to scrutinize Greece’s assets and liabilities. According to him, everyone else — including the International Monetary Fund, the credit-rating agencies, the European Union and the Greek government itself — is massively overstating the problem of the nation’s debt burden relative to economic ...