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EPHEMERAL ILLUSIONS ABOUT CHINA AS NEW ECONOMIC SUPERPOWER

ASSET BUBBLE HAS INFLATED VALUES TO UNSUSTAINABLE LEVELS
Anjan Roy - 2021-11-16 10:21
It is a long haul from the BRIC report of Jim O’Neill of Morgan Stanley who had predicted the changing kaleidoscope of the world economy. The report predicted that in a short while of three decades, China and India would become the second and third biggest economies and then over another few decades, China would overtake United States.

HARSH TRUTH IS WE HAVE TO LIVE WITH COVID HEREAFTER

CURRENTL PHASE OF LULL CAN TURN INTO THIRD WAVE
Kalyani Shankar - 2021-11-16 10:18
Will there be a third wave of covid -19? The Health Ministry has been warning of a possible third wave for some weeks now, although no one knows whether it will hit India at all and, if it does, how severe will it be. Covid 19has had its periods of surge and lull, and right now, it is a lull.

BJP, AAP BRINKMANSHIP HOLDING DELHI TO RANSOM

SUPREME COURT ONLY HOPE OF SALVATION
Sushil Kutty - 2021-11-16 09:54
The Bharatiya Janata Party and the AamAadmi Party, which of the two is brave, and which coward? Before the answer is out, a couple of things. One, both parties will be contesting the assembly elections in five states. Two, if reports are to be believed, AAP has the upper hand in Punjab, and the BJP has scaled up its chances in Uttar Pradesh after the low during Covid-19 phase 2. Three, the farmers’ protests: AAP is considered pro-farmers; the BJP is anti-farmers.

THE PEOPLE Vs. COP26: TIME FOR POLITICIANS AND BILLIONAIRES TO LISTEN

MEXICAN PRESIDENT MANUEL ABRADOR’S ADDRESS WAS MOST PROFOUND
Ramzy Baroud - 2021-11-16 09:35
Of all the speeches and political grandstanding at the 2021 United Nations Climate Change Conference in Glasgow (COP26), the words of Mexican President Andrés Manuel López Obrador were the most profound and least hypocritical.

AMERICAN LEFT HAVE TO WORK HARD AMONG THE WORKING CLASS TO DO BETTER

SOCIALISTS HAVE DONE WELL IN LATEST ELECTIONS AND THEY SHOULD STICK TO PROGRAMME
Jared Abbott - 2021-11-16 09:31
I woke up on November 3 this year to a cheerful email from Democratic Socialists of America (DSA). The headline exclaimed, “Tuesday’s election shows that Socialism can win anywhere!”

BJP HAS GIVEN ITS WAR CRY TO RETAIN STATES IN COMING ASSEMBLY POLLS

WHERE IS THE COMMENSURATE RESPONSE OF CONGRESS AND SAMAJWADI PARTY?
Nitya Chakraborty - 2021-11-15 17:22
BJP's Chanakya, the grand strategist Home Minister Amit Shah is in action. He is moving like a wounded lion after his disastrous defeat at the hands of Bengal’s own tigress Mamata Banerjee in the latest assembly elections in Bengal. Shah had staked his everything in Bengal elections and he was confident till the last day before the poll results were out, that the BJP would gain majority, if not 200 seats out of the total 294 as he was claiming in the course of the election campaign. He lost hid Bengal gamble but this loss of face has made him more determined.

BLACK GOLD DEFIES ‘QUIT COAL’ CALL AT COP26 CLIMATE SUMMIT

COAL PRICES SOAR AS DEMAND PEAKS IN CHINA, THE US AND INDIA
Nantoo Banerjee - 2021-11-15 17:08
What a paradox? King coal refuses to surrender even as more than 40 countries at the COP26 climate summit at Glasgow pledged to ‘quit coal’. Instead, global demand for coal and price have skyrocketed over the last several months with China, the US and India playing the spoilsport. The world climate may continue to worsen in the coming years as some of the world's biggest coal-dependent countries, including China, the US and India, did not sign up. More surprisingly, the heads of states of China and Russia, both fossil fuel guzzlers, chose to absent themselves from the climate summit. China is the world’s biggest producer-consumer of coal and CO2 emitter. Coal is branded as the single biggest contributor to climate change. In fact, coal accounts for 40 percent of the global energy production, according to the International Energy Agency (IEA). It continues to be a highly sought after energy source along with other fossil fuels in many parts of the world despite its being the worst offender of CO2 omissions.

RELIGIOUS, ETHNIC INTOLERANCE THREATENS TO SPIN OUT OF CONTROL

US, EUROPE FAIL TO NOTICE PATTERNS IN EMERGING CRISIS SCENARIOS
James M Dorsey - 2021-11-15 16:45
The family of nations is balancing on the edge of an abyss as mushrooming religious and ethnic intolerance becomes the norm.