Monthly Archives: July 2013

Asia rice glut to worsen; Setback for Vedanta in India; America’s war on truth; Record profit for Samsung

1 Asia rice glut to worsen (Sameer C Mohindru & Warangkana Chomchuen in The Wall Street Journal) Asia is awash in rice, as favorable weather and government support for farmers combine to produce a bumper crop. The glut is driving … Continue reading

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Emerging markets boom may be over; India business confidence drops; Amazon adding 7,000 jobs; Britain’s Sangin mess

1 Emerging markets boom may be over (Nouriel Roubini in The Guardian) During the last few years, a lot of hype has been heaped on the Brics (Brazil Russia, India, China, and South Africa). With their large populations and rapid … Continue reading

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In US 4 in 5 face near-poverty, no work; America over the top; Apple, Samsung domination is over; Unemployed, older and jobless for life; World’s biggest ad firm

1 In US, 4 in 5 face near-poverty no work (San Francisco Chronicle) Four out of 5 US adults struggle with joblessness, near-poverty or reliance on welfare for at least parts of their lives, a sign of deteriorating economic security … Continue reading

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IMF sees US economy picking up; Egyptians’ quarter-life crisis; Gold smuggling takes off in India

1 IMF sees US economy picking up (BBC) The underlying condition of the US economy is improving, according to the International Monetary Fund (IMF). However, the IMF added that the recovery from recession has so far been “tepid”. In its … Continue reading

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Eurozone recession may be over; Reading India’s poverty stats; Enter Baby Cambridge; Enjoy now, new prince — It’s all downhill from here

1 Eurozone recession may be over (Phillip Inman & Graeme Wearden in The Guardian) Hopes of a recovery in the eurozone were lifted after private sector firms across the region reported a rise in output for the first time in … Continue reading

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China manufacturing at 11-month low; Cisco buys Sourcefire for $2.37bn; World cold to India retail policy

1 China manufacturing at 11-month low (BBC) China’s manufacturing activity fell to an 11-month low in July, hurt by a decline in new orders, according to a preliminary survey by HSBC.  The bank’s Purchasing Managers’ Index (PMI) fell to 47.7 … Continue reading

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Resignation letter as a book: Invitation

My book, ‘Fourth Estate to Rubber Estate – Resignation letter of a journalist’, is being released at the Press Club, Trivandrum, Kerala (India) on Monday, July 22 at 10 am. The book is a tongue-in-cheek take on my 28 years … Continue reading

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