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The latest crisis of global capitalism

It’s always amazing how the stock market pulls big surprises on those who should know better. The momentous rise in share prices in the Shanghai stock exchange from mid-2014 to…

On globalization and localization

After the demise of the Soviet Union, millions of people started declaring it a great triumph of humankind. They asserted that no power could prevent the world from emerging as…

Global challenge – and response

Needless to emphasize, Covid-19 poses an existentialist challenge to the global community and it was an inescapable imperative for it to mount a well-coordinated response to check and mitigate its…

The globalization of Covid-19

Life is as absurd as it is meaningful. The source of all absurdity is death; we all have to die one day. The coronavirus has not changed the way we…

Global trade

Back in days, the saying was “when the US sneezes, the world catches a cold”; today, coronavirus from China is pushing world economy in a recessionary phase. The economic woes…

Trade war threatens reign of luxury stocks

An escalating trade war between the United States and China could abruptly end a glittering stock market run for luxury goods firms, with some investors already put off by lofty…

The ‘Tariff Man’ dislodges global trade

Donald Trump has made ‘economic nationalism’ a centerpiece of his agenda in office. And the world-wide repercussions of this agenda have thrown international trading system into total disarray causing hardship…