The latest news from Russia is that Vladimir Putin has ordered "partial mobilization, " meaning that any Russian adult can be called upon to enlist in the army to serve the nation in its wartime efforts. While this falls short of conscription, this latest move goes far beyond what Putin has been doing. The announcement … Continue reading Putin Orders Partial Mobilization, Biden Vows To Defend Taiwan As Xi Flexes His Muscles! Are We Headed To A “Nuclear Winter”?
As global markets gyrate wildly, with "euphoric" gains one day and equally depressing falls the next, one wonders what investors are smoking as they go long and short in their positions. Moreover, this zig-zag behaviour of global markets reminds us of a "Drunkards Walk" where investors are unsure about their movements, let alone able to … Continue reading Here’s Why Global Markets Have Been Gyrating Like Junkies And Behaving Like Drunkard’s Walk!
Ever since the United States unilaterally pulled out of the Gold Standard, thereby "delinking" the creation of money underpinned by a physical asset, the ensuing neoliberal economic model of ordering societies has held sway over not only the West but also in large swathes of the developing world. While the merits and demerits of whether … Continue reading The Great Unraveling! How Five Decades Of Economic And Financial “Excesses” Have Reached A Tipping Point And Threaten Our Collective Future
The global economy is currently in a "slow motion" collapse. Unlike The Great Recession of 2008, where the bankruptcy of the American Investment Bank, and Lehman Brothers set in motion a "near death" of the global financial system, this time around, it is "death by a thousand cuts" for the global economy. We can see … Continue reading The Global Economy Is Now In A “Slow Motion” Collapse! Don’t Expect Big Bang Fireworks! Likely End In A Whisper
Is the US Economy in a recession? Depends on whom you talk to. While there have been two-quarters of contraction in economic activity, the Biden Admin is loath to call it a recession, fearing it might hurt the Democrats in the looming Midterms in November. On the other hand, in a "surprise" of sorts, the … Continue reading A Recession By Any Other Name Is Still A Recession! Here’s Why The Global Economy Is Entering A Downturn
Welcome to the Brave New World of Work! Where the likes of Elon Musk "order" staff back to the office, leaving them with little choice, and where Millennials quit their jobs en masse, in what has been dubbed as The Great Resignation, a trend that leaves business honchos alarmed and employers worried. On the one … Continue reading As The Smokestack Era Ends, And The Digital Age Beckons, Welcome To The Brave New World Of Work!!
The Fintech firm and digital payments pioneer, PayTm, was reported to have been hit with a data breach in 2020, affecting 34 Lakh users. Email ids, phone numbers, location, demographics, and other details were leaked by hackers and could impact the users and PayTm. Though the firm denied the data breach, asserting that all of … Continue reading The Alleged PayTm Data Breach Is Just The “Tip Of The Iceberg”! Indians Are Lax At Data Security And Here’s Why India Needs A Strong Data Protection Law!!
Is Vladimir Putin going for broke? The breaking news out of Russia is that its gas monopoly, Gazprom, is "cutting" natural gas supplies to Europe to a fifth of what it normally supplies to the continent. While the ostensible reasons being cited are turbine maintenance and the non-arrival of them after repairs from Canada, which … Continue reading Is Putin Going For Broke? Using Gas And Grains As Weapons, Russia Raises The Stakes In The War With The West