Not a single banker has been prosecuted for the 2008 crisis, whereas hundreds of bankers went to jail following the US savings and loan scandal of the 1980s.
If the government wants to spend taxpayers’ money to make India a better place, then spend it on building more courts, improving the collapsing bureaucracy. But, of course, politicians will only think of themselves.
The reopening of the Strait of Hormuz eases supply fears, but controlled shipping, slow output recovery, and high costs may delay oil flow normalisation for months.
This special edition of Cut The Clutter, straight from the Siliguri corridor, details the strategic importance of the narrow strip of land in West Bengal, and how it’s a vital link connecting the Northeast to the rest of India.
American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.
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