Does good governance matter for post-pandemic economic growth recovery?
Post-COVID economic recovery could be delayed in countries with poor track records on governance. Many researchers have examined the effects of good governance on economic growth using different methodologies and data sets, and the findings have been contradictory. In our research, we added a new dimension by asking the question: does good governance matter for recovery in growth after a mega external shock like the pandemic?
‘Much, much worse’: India’s richest state swamped by pandemic’s second wave
MUMBAI (Reuters) – Hospitals in Maharashtra are running short of beds, piped oxygen and a key anti-viral drug as a second wave of coronavirus infections has swamped India’s richest state, doctors and patients’ families said. Home to India’s financial capital Mumbai, Maharashtra accounts for nearly a quarter of India’s 12.7 million coronavirus infections. If the […]
Jordan bans media coverage of royal rift, Saudi reaffirms support
AMMAN (Reuters) -Jordan banned all news outlets and social media users on Tuesday from publishing any content related to King Abdullah’s half-brother Prince Hamza after the latter was accused of plotting to destabilise the country. Prince Hamza pledged allegiance to King Abdullah late on Monday after mediation by the royal family, two days after the […]
Sceptical president invites Netanyahu to form next Israeli government
JERUSALEM (Reuters) -A sceptical president tasked Prime Minister Benjamin Netanyahu on Tuesday with forming a new government, after another inconclusive election deepened political stalemate in Israel. The country’s longest-serving leader, in power consecutively since 2009, now faces the tough challenge of enlisting enough allies for a governing coalition. Under law, Netanyahu will have 28 days […]
Myanmar protesters paint Yangon red, call for boycott of Water Festival
(Reuters) – Myanmar’s pro-democracy protesters sprayed red paint on roads in Yangon on Tuesday in a reminder to the junta that it had blood on its hands as the crisis created by a military coup in the Southeast Asian nation dragged on with no end in sight. Several groups called for a boycott of next […]
Big ECB climate change role may be step too far warns Wunsch
FRANKFURT (Reuters) – A major role in tackling climate change may go beyond the European Central Bank’s mission and competence, Belgian policymaker Pierre Wunsch said, weighing in on a debate that could reshape Europe’s most powerful financial institution.
Global liquidity and bull run in Domestic Equity Market Trigger Firms Raise over Crores
As the volume of cross-border transactions is growing at an astounding rate in the last decade, it has been accompanied by a number of qualitative changes.
Falguni Nayar A Former Banker, Founder Of Nykaa Is All Set To Become A Billionaire
The journey of Falguni Nayar from the MD of Kotak Mahindra Capital to the Founder of one of India’s most successful cosmetic brands- Nykaa.
South Korea’s LG becomes first major smartphone brand to withdraw from market
SEOUL (Reuters) – South Korea’s LG Electronics Inc will wind down its loss-making mobile division after failing to find a buyer, a move that is set to make it the first major smartphone brand to completely withdraw from the market. Its decision to pull out will leave its 10% share in North America, where it […]
GameStop plans $1 billion stock sale, shares slide
(Reuters) – GameStop Corp shares fell 12% on Monday after the video game retailer said it may sell up to $1 billion worth of stock as it takes advantage of a dizzying rally in its shares this year on the back of a Reddit-driven retail trading frenzy. The company said it would sell up to […]
