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Australia’s $200bn LNG boom waylaid

Bloomberg Cooks on strike and cracked equipment are among the latest maladies to undermine Australia’s $200 billion push to become the world’s biggest liquefied natural gas (LNG) exporter. More than a year after the completion of a decade-long LNG construction boom, two of the seven marquee projects haven’t been able to work right, the nation’s east coast urban centers face ...

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Costs of India’s Covid crisis are way too high

India is reeling from a quadruple whammy that is practically unique even during this pandemic. First, growth has taken a hit that appears to be larger than any of its peers, with GDP shrinking 23.9% in the first post-pandemic quarter. While the economy has re-opened somewhat since then, it remains beset by supply constraints. That means — second — that ...

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Can airlines attract passengers again?

A refrain I’ve heard a lot these past six months is how great it’s been not to have to travel. People who were frequent fliers before the pandemic usually add that they now realise that, thanks to Zoom and its rivals, a lot of travel isn’t truly necessary anymore. Maybe some of it never was. Yes, lawyers need to conduct ...

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