I have been writing about EU’s CBAM on my blog ever since I read about it in The Economist, so it came as a surprise to me that CBAM is to go into effect in October this year. I had in fact, written after the climate summit at Glasgow, that it was disappointing to read… Continue reading Expand and Reform CBAM For the World
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As if we don’t have enough going on already in our lives and across the world, we have new conflicts to deal with almost every other day. It has reached such high-pitched ridiculousness, that almost anything one says, or writes, or does, can be cause for another conflagration. If it isn’t our own ruling party… Continue reading Hot-Under-the-Collar Culture Wars
While I was still contemplating buying Amitav Ghosh’s newest book, The Nutmeg’s Curse, my father had already ordered it from Amazon India. Well, I’m not complaining. I greatly admire his writing, having owned and read several of his books, before I lost almost all of my books to termites at my parents’ flat in Goa.… Continue reading The Nutmeg’s Curse, of Colonisation and Capitalism
Minouche Shafik’s new book, What We Owe Each Other: A New Social Contract seems perfectly timed, with the world teetering between the 2008 financial crisis and a global pandemic. The book is not written for the general reader, but I think that they too might like it. They would like it for her astute observations… Continue reading A New Social Contract for a New Kind of Economy
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Going by the past record of UN Climate Conferences, the latest one that concluded in Glasgow a few days ago was no different. It was a repeat of the same old discussions, the same sticking points, the same contentious issues, and finally the usual watered-down statement that is palatable to all. That is because it’s… Continue reading Why COP26 Is a Missed Opportunity
As countries report their September 2021 quarter GDP growth rates, the world will be eagerly watching to read and parse the news and data. So far, China has reported a much lower than expected GDP growth at 4.9% over the previous year. I am not sure how much of that is due to the government’s… Continue reading The Global Economy In a SWOT, Wot?
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The last time I wrote about Europe’s economy, it was in the context of global economic recovery, jobs and employment and how many people who had been furloughed were back to full-time work. Now that we know that the European economy has grown healthily in the second quarter of 2021, we must remember that it… Continue reading Europe’s Economic Recovery Could Be Hit by Own Goal
