WORLD


Joaquin Sapien (ProPublica) 08 September 2023
This story was originally published by ProPublica.   In July 2016, warships from more than two dozen nations gathered off the coasts of Hawaii and Southern California to join the United States in the world’s largest naval exercise. The United Kingdom, Canada, Australia, Japan, South...

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I keep hearing: ‘Pakistan adopted the wrong path. Look at India.’   Pakistanis say it sadly, Indians say it gloatingly.   May I respectfully submit—both are wrong.   Pakistan is 100% on the right path, which it has successfully pursued for over 50 years.    No,...

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Connectivity => trade => wealth => power.   Ancient India had adopted this ‘formula’ with great success. Ships carried valuable produce both eastward to south-east Asia and westward to Egypt, the gateway to the Roman empire. A senator of ancient Rome had lamented that buying spices,...

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For the past four months, a strong rally has gripped the Indian market, while the US stock market has been on a huge bull run throughout 2023. Investors have shrugged off macroeconomic problems such as high-interest rates, poor economic growth and very high debt levels in the developed world....

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Brett Murphy  and   Alex Mierjeski (ProPublica) 11 August 2023
This story was originally published by ProPublica.   During his three decades on the Supreme Court, Clarence Thomas has enjoyed steady access to a lifestyle most Americans can only imagine. A cadre of industry titans and ultrawealthy executives have treated him to far-flung vacations...

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Moneylife Digital Team 07 August 2023
The New York Times has unravelled a financial network that stretches from Chicago to Shanghai and uses American nonprofits to push Chinese talking points worldwide.    An investigation by NYT reveals a charismatic American millionaire, Neville Roy Singham, known as a socialist...

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Moneylife Digital Team 02 August 2023
Fitch Ratings has downgraded the US' long-term foreign-currency issuer default rating (IDR) to 'AA+' from 'AAA'. It also removed the rating watch negative and assigned a stable outlook to the country while affirming the country ceiling at 'AAA'. According to Fitch projections, tighter credit...

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The US Federal Reserve raised interest rates by a quarter percentage point Wednesday, making it the 11th in the last 16 months in its continuing efforts to tame inflation.   The new hike, which was announced after a two-day meeting of the Fed’s top decision-making body, take the rate...

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Jeff Ernsthausen (ProPublica) 27 July 2023
This story was originally published by ProPublica.   It’s a simple bargain: The rich get huge tax breaks by donating art, property and company shares to benefit the public. But some donors collect millions while offering little or no public access.   Once a week, a little past...

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Rejimon Kuttappan (The Leaflet) 25 July 2023
There are around nine million Indians in the Gulf Cooperation Council (GCC) countries. A majority of them are low-paid migrant workers who are often subjected to human rights violations as the countries follow the kafala system.   The kafala, or sponsorship, system defines the...

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More than 8,000 famous writers, including Margaret Atwood, Nora Roberts, and Michael Chabon, have, in an open letter, called out to CEOs of OpenAI, Alphabet, Meta, Stability AI, and IBM to stop stealing their copyrighted materials in training their generative Artificial Intelligence...

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Sebastian Rotella (ProPublica) 14 July 2023
This story was originally published by ProPublica.   The rise of Chinese organized crime in Europe highlights its ties to the Chinese state, national security officials say. Recent cases show the suspected role of mobsters in Beijing’s campaign to repress diaspora communities and...

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July 3 was the hottest day globally ever recorded, according to climate scientists, based on data from the US government's National Centers for Environmental Prediction.   Average worldwide temperature on July 3 reached 17.01 degrees Celsius, breaking the previous record of 16.92...

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The US Federal Reserve has left the interest rate unchanged for the first time after March 2022, ending a stream of 10 consecutive hikes to curb inflation.   "In determining the extent of additional policy firming that may be appropriate to return inflation to two per cent over time,...

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AC Thompson, Kartikay Mehrotra  and   Julia Ingram (ProPublica/ FRONTLINE) 14 June 2023
This story was originally published by ProPublica.   For decades, federal safety regulators in the US ignored credible scientific research and failed to take simple steps to stop gruesome roadway crashes involving heavy trucks. Meanwhile, the bodies piled up.   It was a little...

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Land = power. Water = life.   Since the beginning of time, people have fought over land, from the ‘Ashvamedha yajna’ of Vedic times, through Alexander, the Romans, Ashoka, and right up to Hitler’s attempt to seize Lebensraum.   In recent times, territorial battles have almost...

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Former US President Donald Trump has been indicted with multiple federal criminal charges in connection with his handling of classified documents from his presidency.   Trump, who became the first former President in US history to face federal criminal charges, announced his...

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India-born British and American business executive, Sir Ivan Manuel Menezes, the chief executive officer of global liquor major Diageo plc, died on Wednesday after a brief illness, the company said.   Born on 10 July 1959, in Pune, Ivan held UK and US citizenships, as well as overseas...

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Abrahm Lustgarten (ProPublica) 07 June 2023
This story was originally published by ProPublica.   As conditions that best support life shift toward the poles, more than 600 million people are already living outside of a crucial “climate niche,” facing more extreme heat, rising food scarcity and higher death...

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A US federal judge has categorically told lawyers that he will not allow any AI-generated content in his court.   Texas federal judge Brantley Starr said that any attorney appearing in his court must attest that "no portion of the filing was drafted by generative artificial...

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