Monthly Archives: May 2012

How Indians can save India — at a price; Facing down the bankers; Big US law firm collapses; Sherpa syndrome; Hong Kong, US most competitive

1 How Indians can save India – at a price (The Wall Street Journal) What’s the price of Indian patriotism? Some government officials and advisers say the large population of overseas Indians could be the answer to the country’s current-account … Continue reading

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Global implications as India slows; Spanish scare sinks euro; South Africa’s jobs challenge; Mixing milk and sewage water in India; ‘Desperate housewives’ syndrome

1 India economy slows, with global implications (The New York Times) India’s coalition government just celebrated the third anniversary of its tenure with a self-congratulatory banquet that could not have been more poorly timed: India’s currency, the rupee, is falling; … Continue reading

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Made in China, assembled in Bulgaria; Facebook phone next year; Gathering storm against Modi; Rio and a trash dump; Poetry of the Taliban

1 Made in China, assembled in Bulgaria (The New York Times0 Late in 2009, Great Wall Motor started talks with a potential Bulgarian partner for construction of an assembly plant, its first in Europe, on abandoned farmland near Lovech in … Continue reading

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Lloyd’s plans for euro collapse; Let’s be less productive; Inequality not the answer, it was our downfall; Rupee woes point to economic drift; Heartthrob Khan

1 Lloyds ‘has plans for euro collapse’ (BBC) Lloyd’s of London is preparing contingency plans for the possibility of the euro collapsing, its chief executive has said. With Greece facing new elections in June and anti-bailout feelings high, there are … Continue reading

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India growth forecast lowered; No sympathy — IMF chief to Greeks; Private space run makes history; A cry for quiet in the office; Myths, realities and India; Renesas may cut 14,000 jobs

1 Economists cut India growth forecasts (The Financial Times) Goldman Sachs and Bank of America Merrill Lynch became the latest global banks to downgrade India’s economic growth outlook on Friday, in a sign that the sharp slowdown affecting Asia’s third-largest … Continue reading

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China finally slows; The anti-MBA; Life in Kenya waste dump; Dell stock falls 17%; Vatican Bank chief sacked; India petrol price hike won’t curb deficits

1 China finally slows (The New York Times) A nationwide real estate downturn, stalling exports and declining consumer confidence have produced what a Chinese cabinet adviser, quoted on the official government Web site on Thursday, characterized as a “sharp slowdown … Continue reading

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India in free fall; ILO has a role amidst global crisis; Blame game after Facebook flop show; Crisis of European democracy; Shining India, swaggering India

1 India in free fall (Eswar Prasad in The Wall Street Journal) The falling Indian rupee, which Monday closed at an all-time low relative to the dollar, is a perfect metaphor for the free fall India’s economy seems to be … Continue reading

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