Recent Posts

Ukraine’s future hinges on holding moral high ground

If you lean towards supporting Russia in its invasion of Ukraine, or if you’re a pacifist convinced of the inherent criminality of armed conflict, you’ll find evidence that, for all of its adroit messaging, Ukraine’s conduct during the war is hardly impeccable. There’s the recent United Nations report that appears to confirm Vladimir Putin’s frequent accusation that the Ukrainian military ...

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The next battle of India’s richest men

It was too quiet to last. A sustained and brutal destruction of capital in India’s telecom industry was only just starting to give way to a period of peace and calm. The three operators who survived out of the dozen on the scene in 2016 must have been grateful for the end to a debilitating price war. Stable market shares ...

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Industrial slowdown doesn’t look frightening

  Worried about a recession? Let industrial distributor Fastenal Co offer some perspective. The Winona, Minnesota-based company specialises in supplying factory-floor odds and ends to manufacturers and construction companies, and its earnings can often be a harbinger of the results its customers will report later this month. Fastenal said that demand was generally healthy but that there were certain signs ...

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