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The desperate need for good infrastructure and millions of people in Mumbai who have put up for too long with creaky infrastructure. The Mumbai Metro led by Ashwini Bhide is a path breaking effort to speed things up, as the WSJ points out. As before petitions and other methods are used to stall projects. This time the courts not only dismissed the petition about cutting trees in Aarey Colony, north Mumbai, but also fined the petitioners Rs 50,000 for filing a frivolous petition. Trees are important, as few trees as possible are being cut for the new Metro, and new trees are being planted to replace them.
Linked Articles
WSJ 05/08/2023
‘Activists should accept defeat honourably’: Mumbai Metro MD on Aarey rowHindustan Times 10/05/2019
As the Brexit option becomes clear as a hit to ordinary Britons and the British economy prime minister Theresa May takes her deal to the British parliament for a vote. Most opinion says it will be rejected, if not rejected outright by Conservatives and Labour MP's. A second vote may be taken. The Opposition Labour Party prepares for a new election with a divided government.
Linked Articles
The Economist 11/30/2018
Don’t write off the prime minister’s deal just yetThe Economist 11/30/2018
Linked Articles
Coal isn’t safe even its two big growth markets – India and China | Opinion
https://www.hindustantimes.com/ 06/15/2018
Fading Coal Industry in China May Offer Chance to Aid ClimateNew York Times 09/21/2015
Wuhan Summit
Linked Articles
Chinese, Indian Leaders Seek Harmony After a Fractious Year
WSJ 04/26/2018
Why India avoids alliancesThe Economist 06/02/2018
Linked Articles
On the Open Road, Signs of a Changing Cuba
New York Times 01/06/2015
My Strange Trip Through Iran’s Heartland05/19/2017
Linked Articles
What happens next | ZEIT ONLINE
ZEIT ONLINE 08/30/2016
Merkel Accepts Responsibility for Party’s Losses in Berlin ElectionThe New York Times 09/19/2016
The business dealings of Trump do not reveal the wisdom and financial best business practice that will be needed to get the middle and working class in the U.S. back on its feet, and to build the country's infrastructure and defense needs.
Linked Articles
Trump and His Debts: A Narrow Escape
Wall Street Journal 01/04/2016
Trump’s Empire: a Maze of Debts and Opaque TiesThe New York Times 08/20/2016
The stimulus action of the Bank of England in August 2016 was designed to avert a recession in Britain. The Bank of England estimates that even with the stimulus the Brexit move will lead to a 1% drop in economic growth every year for 3 years as compared to staying in the European Union. The British public is weary of the austerity programs for 7 years under finance minister Osborne. if higher growth under Brexit turns out to be an illusion as the Bank of England forecasts show, there would be reason for much reflection on the meaning of the vote- seeing it as a rejection of the Cameron-Osborne government in favor of a government more in tune with the interests of working class people under Theresa May.
Linked Articles
Wait and see: Theresa May is in no hurry on Brexit | Europe | DW.COM | 15.08.2016
DW.COM 08/15/2016
Bank of England unveils four-pronged stimulus package in bid to avoid Brexit recessionThe Telegraph 08/04/2016
Stronger regulation takes shape through the efforts of Daniel Tarullo at the Federal Reserve and the LISSC. The situation with Goldman Sachs, one of the highly leveraged banks during the 2008 financial crisis still hoping to earn high profits with large trading activities.
Linked Articles
At Goldman Sachs, Stress Test Results Could Endanger an Important Profit Source
New York Times 03/08/2015
Goldman Sachs Not Sure It Can Sell Private-Equity StakesWSJ 08/04/2016
Linked Articles
President Obama and India’s Modi Forge an Unlikely Friendship
The New York Times 06/06/2016
A renewed U.S.-India partnership for the 21st century - The Washington PostWashington Post 09/30/2014
Linked Articles
Let’s Get This Straight About the Convention
Wall Street Journal 04/21/2016
Trump’s Emptiest ThreatWall Street Journal 04/21/2016
Spain's economic recovery continues as businesses continue to invest following the inconclusive Dec. 2015 parliamentary elections.
Linked Articles
Spain’s Political Deadlock Dents Economic Rebound
Wall Street Journal 03/07/2016
Spain’s Political Deadlock Dents Economic ReboundWall Street Journal 03/07/2016
The U.S. automobile market and its resilience is one factor in the improving economy in 2016. New management and technology provide a resilience for automakers that never existed before.
Linked Articles
U.S. Car Sales Set Record in 2015
Wall Street Journal 01/06/2016
U.S. car sales hit record high in 2015 - The Washington PostWashington Post 01/06/2016
Linked Articles
Chandrayaan-2: The men and women behind India’s Mission Moon
The Indian Express 09/08/2019
From Tamil Nadu’s fields to space: Isro chief K Sivan’s journeyHindustan Times 09/08/2019
Linked Articles
https://www.hindustantimes.com/ 07/20/2018
The draft higher education Bill needs some tweakinghttps://www.hindustantimes.com/ 07/20/2018
Differing views of the Modi government, views of the middle class hurt by demonetisation uncertainty from Dhume and views representing the interests of the rural, lower income and other part of the middle class from Arvind Panagriya. Some of the changes brought about by the Modi government reflecting the vision of Mahatma Gandhi for fundamental change from the ground up in the villages and rural parts of India- health and sanitation, access to bank accounts, access to health care- coupled with Nehru's vision of modernization using the technologies of the twenty first century.
Linked Articles
Times of India Blog 06/05/2018
Modi government at four years: It has pushed through a range of structural reforms whose results will showTimes of India Blog 05/30/2018
Linked Articles
These Developing Countries Are Getting Old Before They Get Rich, with Dire Consequences
WSJ 04/02/2018
Yellow Fever Circles Brazil’s Huge CitiesThe New York Times 03/05/2018
Linked Articles
Angela Merkel Must Change to Meet German Challenges - Opinion - SPIEGEL ONLINE
SPIEGEL ONLINE 11/25/2016
Opinion: Merkel is down, but not out | Opinion | DW.COM | 20.09.2016DW.COM 09/20/2016
Here we argue that contrary to general media coverage in the NYT, WSJ, Economist, and German media, a year from now Merkel may be seen more positively. This is because Merkel has always listened to public opinion carefully, and has told the German public frankly what happened- that she and the German government were caught unprepared in the refugee crisis that came up in summer 2015.
Linked Articles
German politics is turning into a six-party system
The Economist 09/19/2016
Opinion: Berlin, capital of mediocrity | Opinion | DW.COM | 19.09.2016DW.COM 09/19/2016
By including a key member of the "Leave" vote, Mr Boris Johnson, former Mayor of London, in the cabinet as Foreign Secretary, Theresa May has given herself a lot more flexibility in tackling the Brexit issue so that it does not hurt the British economy. It would be hard for a key cabinet member not to be part of the team position on issues, and for the team to ignore the Bank of England's role in steadying the economy. By making the issues important to working class people in Britain her priorities Theresa May also lays the ground for everyone in Britain to gain moving forward as the economy recovers.
Linked Articles
Wait and see: Theresa May is in no hurry on Brexit | Europe | DW.COM | 15.08.2016
DW.COM 08/15/2016
Theresa May, New British Prime Minister, Gives Boris Johnson a Key PostThe New York Times 07/13/2016
Theresa May, Britain's prime minister, is deeply committed to the idea of the union of England with Scotland and Ireland. Invoking Article 50 of Lisbon Treaty, a step necessary for Brexit, would also lead to Scotland's ruling Scottish National Party to initiate plans for a second referendum for Scottish independence, as Scotland votd to remain in the European Union. The issue of Ireland and Northern Ireland's vote to remain in the EU would also lead to serious repercussions. In short it will be hard to separate the leave vote in England from the stay vote in Scotland and Ireland, as it will be difficult for most British people to imagine a England without a British identity. If the referendum had asked the second question "Do you still vote leave if this means the end of Britain or the United Kingdom?" the vote could have turned out differently for nationalist voters.
Linked Articles
Wait and see: Theresa May is in no hurry on Brexit | Europe | DW.COM | 15.08.2016
DW.COM 08/15/2016
No return to border controls in Northern Ireland, UK PM May says | News | DW.COM | 25.07.2016DW.COM 07/25/2016
Northern Ireland favored Remain in EU by 55%. Should it be pushed into a situation of withdrawing from the EU like Scotland which also favored Remain based on the preference of voters in England and Wales? Should Ireland be divided by hard borders again after 20 years of peace and open borders? These are questions the people of Ireland are asking.It is also a question for Irish Americans who supported the peace deal.
Linked Articles
The New York Times 07/12/2016
Ireland in the sun after Brexit vote? | Europe | DW.COM | 05.07.2016DW.COM 07/05/2016
Linked Articles
New Rules Curbing Wall Street Pay Proposed
Wall Street Journal 04/22/2016
New Rules Curbing Wall Street Pay ProposedWall Street Journal 04/22/2016
By damaging the international trading system including with allies such a Canada, Britain, France and Germany, the result of a downward spiral through higher tariffs in other countries, could end up costing the U.S. 1 million jobs. Under such a system the U.S. would lose many of the advantages of its booming tech sector, its tech driven global advantages in many industries, without signifcant gains in low cost imports such as clothing which would simply migrate to other countries such as India. The problem of worker wage stagnation in the U.S., and loss of jobs in certain sectors, is very real, but this is the wrong way to tackle the problem. China is already moving towards a consumer driven economy. Economists show that trade with Mexico would be seriously hurt both ways, creating more pressure of migrants at the border under such proposals as a 45% tariff and its indirect effect on Mexico, when the actual fact is that net migration from Mexico is the lowest it has ben in decades. Politics can do strange things as when two senators Smoot and Hawley from agricultural states Utah and Oregon, at the head of important committees in the U.S. Congress pushed and passed legislation for a 60% tariff in 1930 for the industrial sector they had no idea about. When Smoot and Hawley lost reelection in 1932 they left behind a lot of damage, especially for the farmers and workers they thought they were fighting for.
Linked Articles
How Trump’s Hard Line on Trade Could Backfire
Wall Street Journal 03/25/2016
Can Trump Start a Trade War?Wall Street Journal 03/08/2016
Linked Articles
Trump’s toxic temperament should disqualify him from the presidency - The Washington Post
Washington Post 01/29/2016
A Myopic Shift Toward TrumpWall Street Journal 01/27/2016
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