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What impairs India’s virus recovery

The gradual reopening of India’s economy after a 43-day coronavirus lockdown has been marred by a hyper-centralisation of decision-making. Deepening mistrust between New Delhi and the 28 states threatens to splinter the country’s common market of 1.3 billion people, its biggest draw for investors. With infections surging by nearly 50% to cross 70,000 since the shutdown was eased about a ...

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Britain’s furlough plan is only just the start

When Boris Johnson said “we must act like any wartime government,” he also meant Britain must spend like one — and the prime minister has certainly lived up to the promise. His Chancellor of the Exchequer Rishi Sunak told Parliament that Britain had one of the most comprehensive financial relief plans for the Covid-19 outbreak anywhere in the world. That ...

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Is US’s tax return case about Donald Trump?

You might think that the Supreme Court case regarding President Donald Trump’s tax returns is about him, or least about the power of the presidency. It isn’t. As the live-streamed oral arguments made clear, this is a case about Congress — and whether its oversight authority will be stripped away by an activist Supreme Court. The Constitution gives Congress “all ...

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