Will China soon usurp the US as the world’s supreme power?

  Kishore Mahbubani,  a former president of the UN Security Council  (Jan 2001, May 2002), a scholar and diplomat with unrivaled access to policymakers in Beijing and Washington, has given us a definitive guide to the deep fault lines in the relationship and assessing the risk of any confrontation, and an honest appraisal of the…

“Salt-licked winds” and life of Cornwall’s fishing community

Lamorna Ash’s evocative, lyrical and profound memoir of a Cornish fishing village community in Newlyn, the largest working fishing port in Britain and highlights the meditation on the soul of a place in the face of globalisation. #Twenty-Two-year-old Londoner Ash,  found gutting fish is a messy business as she was onboard 79ft beam trawler dipping…

Productivity-enhancing wonder drug

Would you believe coffee, the world’s most popular drug is an indispensable part of daily life for billions of people around the world – one of the most valuable commodities in the history of global capitalism? In1896 March, an American graduate did a strange contraption – “ glass cage” in fact a copper chamber, seven…

Frozen concentrated orange jui ces trading up 25 per cent

Consumers who were worried about contracting COVID-19 have been boosting their immune system by drinking orange juices. Frozen concentrated orange juice, traded in New York, rising 25 per cent to $1.214 a pound since the start of January. US shoppers were stockpiling on the staple, as fears over labour shortage in factories and transportation have…

CBIl scheme stalled by banks who wants 12 per cent interest

MPs and firms have criticised banks for insisting on personal guarantees to issue government-backed emergency loans to business owners. The new requirement loads most of the risk that the loan goes bad on the business owner, rather than the banks, which means the banks can go after the personal property of the owner of a…

Self-employed rescue scheme

The Chancellor Rishi Sunak will today announce a package of support for Britain’s 5m self-employed people to help them through the coronavirus pandemic after Boris Johnson decreed they should have “parity of support” with employed counterparts. The self-employed would submit forms to HM Revenue & Customs, the tax authority, declaring their recent income, if there…

Facebook in talks to buy stake in Jio

Facebook has been in talks to buy a stake in Mukesh Ambani’s digital operation Reliance Jio to try to expand its presence in the Indian digital market with a preliminary deal for a 10 per cent share. Google also has been engaging in talks with Reliance Jio, after Microsoft last year announced plans to work…