Still Searching for El Dorado in Venezuela

Recent events in Venezuela have put the spotlight once again on a part of the world that is hardly ever given any attention, save when it is about commodity exports to the rest of the world, most importantly, to China. Then again, hasn’t it been this way since the 15th century, when King Ferdinand and… Continue reading Still Searching for El Dorado in Venezuela

Largesse Oblige Needed

Large giveaways, sops to please various constituencies, tax concessions to win the middle class, etc. Nothing surprising in the interim (read election) budget announced a few days ago in India. But when you consider that the ruling party alliance came to power with the largest majority in a long time and on the back of… Continue reading Largesse Oblige Needed