Overstretched US companies feel pinch of higher borrowing costs
When US consumer products company Newell Brands Inc refinanced $1.1 billion worth of bonds earlier this month, it saw its borrowing costs jump by more than half. The maker of…
Eurasian real politik
Europe and Asia are geographically one land mass, British geographer Sir Halford J. Mackinder maintained as far back as 1904that whoever controlled the Eurasian heartland would control the world. Soon…
The new Cold War
US Vice President Pence last week declared a new Cold War against China. America has now decisively stepped into the Thucydides Trap — the Ancient Greek historian’s thesis that a…
The hidden economy
Going by the numbers alone, it would appear that no significant economic activity takes place west of the Indus. Look at the provincial GDP numbers, the revenue figures and you…
