In a bid to make finance safe, we have ended up forcing developing countries to rely on their own resources or on dangerous new benefactors, such as China for funds.
Beijing needs to realise that repression in Xinjiang, through which several ancient trade routes passed, can take a heavy toll on Xi’s pet Belt & Road Initiative.
The pact will mobilise investments in energy, transportation, tourism and technology infrastructure to curb China's rising influence with plans like the Belt and Road Initiative.
New research suggests China’s port investments as part of the Belt and Road Initiative are aimed at generating political influence and military presence in the Indo-Pacific.
Suchitra is not the only ‘insider’ leaking secrets in Tamil Nadu. Actor Bayilvan Ranganathan, who mostly discusses the lives of celebrity couples in Kollywood, also brings in the views.
India’s defence sector is trying to penetrate the African market. But with China already extending significant influence, India must now play catch-up.
Discussion about outcome of Lok Sabha polls continues to boil in cauldron of expectations only from BJP. Now reverse this equation, what if we asked about the performance of the 'loser'?
The free money from Fed or QE was meant to reflate bank balance sheets, which were running on negative equity. Firstly banks took this money and gave it to their trading desks & made outlandish profits for their shareholders but these were not passed on to depositors. Because the personal & commercial lending unit is separate from trading. Secondly the rationale for QE [to sell it to the public in order to use tax payer funds] was that banks would start lending again. This was a lie. They never intended to. Much more profitable to trade it. Thirdly Goldman & Morgan cynically converted to bank holding company in order to be eligible for this free Fed money. Banking has not been boring. In fact there’s not much press on it but banks have been going gangbusters with Free Fed money. Why should they pay depositors any more than zero % ? The handcuffs were needed. Now Trump has removed Dodd Frank, so Wall Street can shoot itself in our feet … again.
The free money from Fed or QE was meant to reflate bank balance sheets, which were running on negative equity. Firstly banks took this money and gave it to their trading desks & made outlandish profits for their shareholders but these were not passed on to depositors. Because the personal & commercial lending unit is separate from trading. Secondly the rationale for QE [to sell it to the public in order to use tax payer funds] was that banks would start lending again. This was a lie. They never intended to. Much more profitable to trade it. Thirdly Goldman & Morgan cynically converted to bank holding company in order to be eligible for this free Fed money. Banking has not been boring. In fact there’s not much press on it but banks have been going gangbusters with Free Fed money. Why should they pay depositors any more than zero % ? The handcuffs were needed. Now Trump has removed Dodd Frank, so Wall Street can shoot itself in our feet … again.