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…
Category: Economy
Megalopolises cities like Chicago where 6 per cent of its inhabitants died of Cholera pandemic in 1854, the outbreak killed 8. 600 in 1892 and the great plague claimed the lives of over 100, 000 for London (a quarter of the population) between1665-1666. Although cities have only ever been inhabited by a tiny minority of…
In August as the effect of the Eat Out to Help Out scheme which ran from Monday to Wednesday, and offered 50 per cent off food up to the value of £10, pushed down the restaurant prices and July’s consumer Prices Index (CPI) inflation figure had been1 per cent. The VAT cut in the hospitality…
After a decade from the 2008 global financial crisis to the 2020 coronavirus pandemic, there has been a real transformation of the world order, with the nature of international relations and its rules are changing before our eyes. For India, this means optimal relationships with all major powers to best advance its goals. A good…
UK economy recovered half of GDP lost since the start of the pandemic lockdown, amid faster rate virus spreading with the R number rising from 1 to 1.2, as the government faces backlash on new curbs. The Office for National Statistics (ONS) said that the UK “ has still only recovered just over half of…
Too many very clever people who are not very collaborative, in a room together could block the prospects with their love for complexity and conflict. What they have in their brainpower, lack in empathy. In our meritocracy IQ is valued much more highly than EQ (Emotional intelligence) or most physical ability. Political analyst David Goodhart…
According to Mishra the West gave the world colonialism, destruction and slavery as half a millennium of dominance is now closing and is sinking under the weight of its greed and hypocrisy. Decades of violence and chaos have generated a political and intellectual hysteria ranging from imperial atavism to paranoia about invading or hectically breeding…
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…
The UK economy suffered its worst and biggest slump on record between April and June due to coronavirus lockdown measures, shrinking as much as 20.4 per cent compared with the first three months of the year. The UK is officially into recession. Household spending plunged as shops were ordered to close, while factory and construction…
Diners get 50 % discount as “eat out help out” kicks in today The offer of Diners getting 50 per cent off as “eat out to help out” scheme begins today morning and is valid at more than 72, 000 eateries on Mondays to Wednesdays throughout August 2020. The discount capped at £10 per person…