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Modi’s options for Jammu & Kashmir’s economy are limited

Bloomberg Prime Minister Narendra Modi says his move to revoke Kashmir’s autonomy is about boosting its economy. But observers say it will take more than rhetoric to bring in investments and ensure jobs in the territory that’s lost more than 42,000 lives to conflict over the last three decades. The state’s economy, dependent mostly on farming, handicrafts and tourism, may ...

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Is the economy turning against Donald Trump?

To have a recession or not — that is the question. It also encompassed last week’s most important political news, notwithstanding all the public attention understandably focussed on the mass shootings in El Paso and Dayton. There is growing evidence of a possible recession. If one materialises, President Trump could lose his most powerful argument for reelection: a strong economy. ...

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S’pore adds dour note to global outlook

Singapore just gave a verdict on who’s winning the trade war. The answer is few countries, if any, in Asia. The deep cut in the trade-reliant economy’s growth forecast was disappointing, albeit not startling. There may be no expansion at all. Growth is likely to be between zero and 1 percent this year, compared with a previous projection of 1.5 ...

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