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India, Brazil discuss investment opportunities
With an aim to enhance economic ties, India and Brazil discussed investment opportunities in sectors like infrastructure during the visit of State Minister of Commerce and Industry, Jyotiraditya Scindia to Sao Paulo. Scindia, who is leading a 12—member business delegation to Brazil, Peru and Chile, met Brazilian Minister of Development, Industry and Foreign Trade Miguel [...]
Fears grow over food supply
Russia announced a 12-month extension of its grain export ban on Thursday, raising fears about a return to the food shortages and riots of 2007-08 which spread through developing countries dependent on imports. The announcement by Vladimir Putin came as the UN’s Food and Agriculture Organisation called an emergency meeting to discuss the wheat shortage, [...]
Indian businesses to attend Bogota trade fair – Colombia news | Colombia Reports
Colombia’s Ambassador to India Juan Alfredo Pinto announced that 132 Indian businesses will travel to Colombia to participate in Bogota‘s International Trade Fair in the first week of October. “We have concluded a six month preparation process that included six promotional events in Delhi, Mumbai, Calcuta, Chennai, Bangalore and Combatore, with the support of the Indian Council [...]
Cash for Clunkers: A government ‘solution’ to a phantom problem
Why are used car prices skyrocketing [in the U.S.]? Part of the answer is that demand is up: But an even bigger part of the answer is that the supply of used cars is artificially low, because your Uncle Sam decided last year to destroy hundreds of thousands of perfectly good automobiles as part of [...]
South-South cooperation: Trade ‘Centre of Gravity’ Shifts
As an influential member of the Southern African Customs Union (Sacu), SA will, together with India, begin preliminary negotiations this year with South America’s biggest regional trading bloc, Mercosur. Brazil, Argentina, Paraguay and Uruguay make up the full membership of Mercosur. Other South American countries, such as Bolivia, Chile, Colombia, Ecuador and Peru, have been [...]
Book Review : Water reforms and India’s experiences
WATER GOVERNANCE IN MOTION— Towards Socially and Environmentally Sustainable Water Law: Edited by P. Cullet, A. Gowlland-Gualtieri, R. Madhaw, U. Ramanathan; Foundation Books, 4381/4, Ansari Road, Daryaganj, New Delhi-110002. Rs. 875. This volume, based on select papers presented at two workshops — one held in Delhi in 2006 and the other in Geneva in 2007 [...]
Inequality and the crash: How egalitarian policy fueled the US housing crisis
University of Chicago economist Raghuram Rajan makes the argument I was trying to make, only more articulately: [T]he political response to rising inequality—whether carefully planned or the path of least resistance—was to expand lending to households, especially low-income households. The benefits—growing consumption and more jobs—were immediate, whereas paying the inevitable bill could be postponed into the [...]
Indian wine industry on the rocks?
It is difficult to understand how some politicians declare they are giving a fillip to the nascent wine industry by declaring it an agri-business but do nothing to ensure its longevity. As ET reported earlier this year, more than half of Maharashtra’s 58 wineries have either closed down or stopped producing wine due to a [...]
Jim Rogers on NDTV: I am long agriculture because agriculture is still very very depressed
He also added, “If you want your children to be rich, move to Asia” in the early part of the 21st century.
Tech startup Ooyala is a Mexican-American success story
Bismarck Lepe, co-founder of Ooyala and one of Silicon Valley’s more improbable success stories, addressed his audience in Spanish, explaining why his startup is opening an operation in Guadalajara, the city that might be considered the valley’s Mexican outpost, starting with eight employees. For this delegation of 65 prosperous Mexican executives on a five-day pilgrimage [...]
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