The past month has seen historic events in India. On Tuesday 8 November 2016, the Modi government announced without prior warning that all 500 and 1000 Indian rupee notes would be rendered valueless more or less overnight. In effect, this meant immediate withdrawal of the largest bank notes in circulation, and issuance of new notes… Read more »
Deadly heat exposes Pakistan’s power problems. This summer CNBC run a report titled Deadly heat exposes Pakistan’s power problems after more than a thousand people died during heatwaves during the first days of Ramadan. Insufficient preparedness for the heatwave is largely seen as the cause of deaths, yet the context of the protracted electricity… Read more »
The global shift from rural to urban living will be the most important demographic transformation of the 21st century. All great shifts create the opportunity for great fortunes, especially for those with audacious visions who are positioned to capitalize on them. Indian industrialist Ajit Gulabchand runs Hindustan Construction Company (HCC), which is responsible for some… Read more »
Brazil’s President Dilma Rousseff must see off two fast gaining rivals to win reelection in October. Problems during the World Cup might end up being be her political downfall.
In April, 800 hundred million people began casting their ballots all across India in the largest election the world has ever seen. When we think of voting in India, we often picture a poor elderly villager showing a big ink-stained thumb and boasting a wide smile as proof of democracy in action. But elections in… Read more »