It seems nothing escapes the death-grip of rising inflation these days. The NYT has a very nice story today about how rising inflation is hitting the oil-rich middle east.
The middle-eastern countries are really in trouble. They’re sandwhiched on one side, by the falling dollar. Their curriencies, which are usually pegged to the dollar are bearing [...]

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The parliamentary elections in Pakistan, unsurprisingly, brought a huge defeat for the incumbent President. But Musharraf wasn’t standing for elections, he’s sort of the President-for-life. However, Nawaz Sharif’s party and slain ex-PM Benazir Bhutto’s party have made substantial gains, which brings the distinct possibility of impeachment for Musharraf.
If the parliament can muster a 2/3rds majority, [...]

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There’s something very very suspicious going on with the global banks. Yesterday, a story broke out that banks like CitiBank, Bank of America and the rest have borrowed $50 Billion from the US Federal Reserve. It sounds like the US government is “bailing” out these banks that are finding themselves in the middle of a [...]

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Let us assume a hypothetical scenario: Let’s say you really really don’t like AutoRickshaws and the Auto drivers in particular. If you were in a position of power, what could you do to make them as miserable as you can, without getting yourself into trouble.
I had this discussion with a friend. His ideas ranged from [...]

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I don’t understand what is happening in Mumbai with this whole ‘anti-north indians’ movement. Raj Thackrey is making a claim that ‘North Indians’ are coming to Mumbai and taking over the jobs that would otherwise go to Maharashtrians. This argument is silly at several levels, but that’s not what I’m worried about.
What worries me is [...]

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