Russian economy is reeling after foreign govts slapped sanctions on trade, finance & travel, froze the reserves of its central bank and cut many of its banks from the SWIFT system.
A forensic audit found that JPMorgan violated foreign investment rules including paying dividend without generating profits, setting up fake companies and overvaluing shares.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
Using this technology, IDF carried out fully robotic combat missions, drastically reducing risk to Israeli troops. The robotic combat task force also enhanced situational awareness.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
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