Exchange rate changes are often misunderstood, leading to exaggerated expectations. Policymakers need to clearly explain that depreciation does not fully translate into inflation or export gains.
The Bharatiya Janata Party has secured a two-thirds majority in the state that it has never won before.
That is how democratic erosion can happen, not only through overt repression, but through laws that centralize power while preserving the appearance of legality.
Leaving OPEC was a symbolic declaration to the Gulf that Abu Dhabi can no longer stay a passenger in the oil vehicle supplying the world.
The immediate steps are neither mysterious nor technically complex: Broadening the VAT base by reducing exemptions, strengthening the Large Taxpayer Unit to capture income from professionals and the informal wealthy, and automating tax administration to reduce discretion and corruption.
West Bengal's voters may not have articulated this distinction in theoretical terms. But they felt its weight. The images from Dhaka showed them what the far end of one trajectory looks like.
Russia’s war has already caused immense suffering. It should not be sustained through the exploitation of vulnerable people.
The path ahead is neither simple nor short. Decades of accumulated practices cannot be undone overnight. Yet the absence of immediate transformation should not become a justification for inaction.
It is unsurprising that extreme weather affects both body and mind humans are, after all, intrinsically connected to nature. However, proper nutrition and adherence to daily routines can significantly mitigate the adverse effects of heat waves.
At its core, Nawaz is asking something very simple and very devastating: What do we owe the dead, and how much of ourselves must we sacrifice to pay that debt?
Their visibility is not loud, neither in the broad daylight nor in the evening's glowing streetlights; they do not occupy any news headlines, yet they keep pedaling to meet the city's hunger. Therefore, the city we live in is not equal for all its citizens.
In functional democracies, losers succeed by diagnosing the situation precisely and organizing methodically. The goal is to defend the uncertainty of the next election. If an opposition misdiagnoses a policy defeat as a regime collapse, it loses the ability to speak to a combination of public segments.
The Arab world is connected, but it is not unified. Its leaders may meet under chandeliers, embrace for cameras, and issue communiqués about common destiny in a common language. But beneath that ceremonial language lie rival economies, competing ports, divergent security partnerships, dynastic anxieties, and national projects.
If Iran is honorably invited back into the financial system its 90 million refined and energetic people, backed by huge oil wealth, will be able to make the greatest possible contribution to strengthening not only the whole world economy but specifically to saving the US currency.
Law is not static; like people, society, and technology, it can evolve. Every advance in rights, every institutional reform, and every step toward justice has been shaped by individuals who believed that change was possible.
This piece talks about how bad loans, political patronage, and cosmetic accounting turned Bangladesh’s banks into a public crisis.