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Monday, March 16, 2026
TopicDeveloped countries

Topic: Developed countries

The developed world’s anti-incumbency wave & why the new RBI governor’s allowing rupee to be flexible

Global media also offers insight into why India is reaching out to the Taliban now, 3 years after Kabul fell & how Modi govt's 1st Kumbh is also the most politicised.

With 2 days left, new COP29 climate finance draft text is out—but the actual number is missing

Deciding the quantum and other aspects of climate financing was one of the central aims of this edition of the climate conference, dubbed the 'finance COP' for this reason.

Developing nations propose ‘at least’ $1.3 trillion/year in climate finance, face resistance

Developed nations had made a commitment to deliver $100 bn in climate finance to developing nations every year, up to 2020, but never raised this amount.

Thomas Piketty is back with a 1,200-page guide to abolishing billionaires

Thomas Piketty’s new book doesn’t just focus on Western economies, but also the political ideologies that lie behind inequality.

Economic growth rates look almost medieval in rich countries too

Even before the recent bad news, growth rates had slowed down in most rich countries, to historically low levels in some cases.

On Camera

India must allow citizens to invest beyond its borders. It’s risk management, not luxury

The financialisation of Indian household savings is one of the most important economic shifts of the past decade. But financialisation without international diversification creates fragile balance sheets.

Saudi crude rerouted via Red Sea to India as Hormuz tensions rise; Russian imports surge

Around 6 million barrels of Saudi oil headed to Indian ports via the kingdom’s west coast, while Indian refiners ramp up Russian purchases amid a temporary US waiver.

Supreme Leader Mojtaba, the man Iran must keep alive & the secret force ‘tasked with it’—all about NOPO

The Nirouyeh Vijeh Pasdaran Velayat, or NOPO, was the only force Ali Khamenei trusted.It was founded in 1991 and is more feared than the Revolutionary Guards.

Peaceful power transfers followed uprisings in India’s neighbourhood. It’s a sign of mature democracies

Rating democracies is a tricky business. I am only using the simple metric of who in the Indian subcontinent has had the most peaceful, stable, normal political transitions and continuity.