Recent Posts

Tangle deepens in Syria war

  The tangle of Syria is getting deeper. What started as a bloody crackdown on peaceful protesters mutated into a multifaceted proxy war that triggered Europe’s worst migrant crisis since World War II and facilitated the rise of IS and its global campaign of terror. It has grown into an international proxy conflict. There are regional powers Iran and Saudi ...

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The sobering lesson of strong US jobs report

  The improvement in the US labour market is certainly good news. It could soon become a headache, however, if it persists alongside disappointing economic growth. The economy added 255,000 jobs in July, after adding 292,000 in June. Employment growth was weaker earlier in the year, and two solid months don’t make a trend — but even so, the labor ...

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India’s half-closed door

  Once again, India is in danger of sabotaging its own efforts to raise foreign investment to China-like levels. The latest salvo in this undeclared, self-defeating war is the government’s reported decision to block Tata Sons from paying what arbitrators say the company owes to a former partner, the Japanese company NTT DoCoMo. The decision is particularly odd because, under ...

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