The logic of capitalism

A highly provocative book by an Indian academic who is the Associate Professor of Modern South Asian Studies at the University of  Copenhagen, revealing how India is being repackaged into a national brand  to be sold to foreign investors, part of ongoing historical shift. “The capitalist transformation of India wherein the logic of capital is…

UK economy grows by  15.5 per cent

The UK’s economy bounced back from recession in July to September, but growth showed signs of slowing down at the end of three months. Growth of 15.5 per cent from July to September after a six-month slump induced by the first coronavirus lockdown was the biggest on record according to the Office for National Statistics…

Global Stock Market rocket on vaccine hopes

  Stock Markets have rocketed on the hopes of potential breakthrough in the search for a vaccine against Covid-19. Drugs firm Pfizer’s own shares climbed 9 per cent after it had that preliminary analysis indicated that its coronavirus vaccine was 90 per cent effective. The owner of British Airways, International Airlines Group (IAG) rose 40…

P{rincely Vision 2030

35-year-old Mohammed bin Salman is the pivotal leader of the Arab World, Crown prince who became king in 2015 and de facto ruler of Saudi Arabia, ended the House of Saud’s consensual model of an absolute monarchy with no absolute monarch, seizing all the reins of power and urged forward social and economic reform. The…

Life under Beijing cloud

Superpowers have always dominated their region by exerting an outsize an overbearing influence like China’s involvement in Southeast Asia, US looms over Latin America, Russia treat ex-Soviet States as its “near abroad”, creating unease among its smaller neighbours. The stunning growth of China has although yanked up the region’s economies, but its militarisation of the…

UK Government debt hits £2tn amid coronavirus pandemic

The UK government debt at the end of July 2020 was £2, 004 trillion, £ 227.6bn more than at the same point last year according to the Office for National Statistics (ONS), which means the entire value of the country’s economy for the first time in 60 years. The Government owes the equivalent of 100.5…