Bengaluru, India – On January 23, an icon of Indian cinema and politics, M Karunanidhi appeared before a live audience on a large projected screen, to congratulate his 82-year-old friend and fellow politician TR Baalu on the launch of his autobiographical book. Dressed in his trademark black sunglasses, white shirt,…
Such a major agreement could boost the Egyptian economy, which is facing a dire foreign exchange crisis. The United Arab Emirates is in advanced talks to purchase and develop a large piece of land on Egypt’s Mediterranean coast in a deal that could bolster the troubled economy of the North…
Kuala Lumpur, Malaysia – For decades, international investors shunned Japan’s stock market, whose meagre gains mirrored the country’s protracted economic stagnation. These days, Japanese stocks are the hottest game in town as the Nikkei 225 index rides a 33-year high. After limping through Japan’s “lost decades” following the collapse of…
New York City, USA – Makalah Monroe works at an Outback Steakhouse in Laurel, Maryland. She is a student and the only one in her household with a car. By any account, Monroe has a full plate of responsibilities that she is working hard to keep up with. She works…
Amid allegations of Indian interference in national elections, there’s a call to boycott Indian goods in Bangladesh. Last week, a supplier for the Indian consumer goods giant Marico faced a chilly reception in Dhaka’s Panthapath area. Grocery shops, usually eager to stock their shelves with its hair oil, cooking oil, body…
Pakistani voters head to the polls on Thursday amid a deep-seated economic crisis. Inflation is hovering at 30 percent, close to 40 percent of people live below the poverty line, and the debt-to-gross domestic product (GDP) ratio has climbed to 72 percent. Pakistan’s new government will have to contend with…
India’s Finance Minister Nirmala Sitharaman’s interim budget last week marked nearly 10 years of Prime Minister Narendra Modi’s government. Sitharaman showcased the government’s achievements over the past decade, rather than shower freebies, ahead of national polls due in a couple of months. A careful analysis shows the changing patterns in…
Jakarta, Indonesia – After spa therapist Murniyati survived COVID-19 on a sparse salary, she thought the worst was over. But after the Indonesian government’s announcement of a steep rise in taxes on entertainment services, she fears the salon where she works could be forced to close, leaving her unemployed. “My…
The president introduced the divisive reform package in an attempt to transform the economy and the state. Legislators in Argentina have approved President Javier Milei’s divisive “omnibus” reform bill after days of debate, paving the way for a decisive vote in the Senate. The lower chamber of deputies approved the…
Sri Lanka seeks to foster growth after its economy contracted 3.8 percent last year, according to World Bank estimates. Thailand and Sri Lanka have signed a Free Trade Agreement (FTA), a move Sri Lanka hopes will help it emerge from its worst financial crisis in decades. “This move aims to…
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