Tag Archives: India

Lunacy | India’s government is pouring money into dung

Lunacy | India’s government is pouring money into dung

When it comes to government funding, cows have jumped over the moon ON SEPTEMBER 7TH mission control in Bengaluru lost contact with an Indian-designed and -built lunar probe mere seconds before it was supposed to land. Some Indians were consoled by the fact that their country had nearly pulled off an extraordinarily complex mission on a shoestring …

Charlemagne | Why Europe should take the lead on trade

Charlemagne | Why Europe should take the lead on trade

Who else will speak up for consumers? “THIS IS DEEPLY offensive,” declares Cecilia Malmstrom, gesticulating around her orchid-lined office in the European Commission’s Berlaymont headquarters. “We have colleagues here whose parents fought together [with the Americans] on the Normandy coast and we are a threat to national security?” The EU’s trade commissioner is referring to Donald Trump’s …

Business this week

Business this week

The Argentine government introduced emergency capital controls, restricting the amount of dollars that people and firms can buy. The measures are meant to stop money gushing out of the country amid a run on the peso, which has tumbled as investors fret that October’s presidential election will be won by a ticket that includes Cristina Fernández …

Politics this week

Politics this week

Boris Johnson, Britain’s prime minister, asked the queen to suspend Parliament soon after it returns on September 3rd. The move caught opposition parties, and many of Mr Johnson’s own Conservative MPs, off guard. The timing of the move, though perfectly legal, was designed to squeeze the already-tight timetable for MPs who want to block a no-deal Brexit. Parliament will …

Business this week

Business this week

A judge in Oklahoma ruled that Johnson & Johnson had broken the state’s “public nuisance” law with its aggressive marketing of opioids and ordered it to pay $572m. It was the first time a drugmaker had stood trial for its part in creating America’s opioid-addiction crisis; others have so far elected to settle rather than face a …