As the era of easy money ends, the gap between the ability to borrow and the credibility to do so will define fiscal resilience. India still has the chance to strengthen both.
Both central and state governments, which can create a fair amount of high-quality jobs, cannot any more do so on scale because their welfare spending is going through the roof.
Trump's goal of ending the Iranian nuclear programme cannot be accomplished without overthrowing the Islamic regime in Iran, which is likely not possible without a ground invasion.
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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