Global Indians

Business

Roving Periscope: Economic woes a big challenge to post-Hasina regime in Bangladesh

August 9, 2024 virendra pandit

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Virendra Pandit New Delhi: As this week’s political firestorm cools down in Bangladesh, and the interim government, headed by Nobel Peace Laureate Muhammad Yunus, 84, braces to meet the critical challenges ahead, it now emerges that a sudden economic downturn in an otherwise well-doing South Asian nation quickly spiraled into an unprecedented political crisis that […]

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Business

Money laundering: With FATF’s nod, Modi govt may speed up anti-corruption drive

August 9, 2024 virendra pandit

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Virendra Pandit New Delhi: In a highly significant development with potentially long-term consequences, the Financial Action Task Force (FATF)—the global watchdog that probes terror funding and money laundering—has asked India to improve due diligence on the bank accounts of politicians, government officials and their families, the media reported on Friday. This report is significant as, […]

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Beauty

The US polls: If Trump loses, there will be “bloodbath,” says President Biden

August 8, 2024 virendra pandit

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Virendra Pandit New Delhi: Not confident of a peaceful transfer of power if Vice-President Kamala Harris defeats Republican nominee Donald Trump, US President Joe Biden has said there will be a “bloodbath.” While campaigning earlier this year, he regularly brought up the fact that Trump’s supporters stormed the US Capitol on January 6, 2021, after […]

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Business

The UK: Month-old Starmer govt faces counter-riots; “civil war inevitable,” says Elon Musk

August 8, 2024 virendra pandit

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Virendra Pandit New Delhi: For centuries, the erstwhile British Empire controlled the continents and the oceans through its divide-and-rule policy. Now it is getting the taste of its own medicines: pro and anti-immigrant demonstrations—mainly for and against the Muslims—have put the newly-installed Labour Government in a quandary within weeks of its installation. As his country […]

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Business

Roving Periscope: “Violence is the enemy,” Yunus says and appeals for calm in Bangladesh

August 8, 2024 virendra pandit

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Virendra Pandit New Delhi: Hours before taking oath on Thursday evening as the Interim Prime Minister of trouble-torn Bangladesh, Nobel Peace Laureate Muhammad Yunus made a fervent appeal to the people to stay calm and “refrain from all kinds of violence” to make the best use of their new victory. Dr. Yunus, whom Prime Minister […]

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Business

Burning Bangladesh: Pak calls for ‘normalcy,’ as India evacuates nonessential staff

August 7, 2024 virendra pandit

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Virendra Pandit New Delhi: In its first reaction to the Bangladesh imbroglio, Pakistan on Wednesday expressed hope for a “peaceful and swift return to normalcy” in the breakaway country which was known as East Pakistan until 1971. As the ousted former PM Sheikh Hasina, who is waiting in India ahead of taking political asylum elsewhere, […]

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Business

Roving Periscope: Bangladesh may return to seed, in (East) Pakistan!

August 7, 2024 virendra pandit

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Virendra Pandit New Delhi: Many Pakistanis are celebrating the fall of the Hasina regime, believing they have avenged the split of 1971. With all-around anarchy, mayhem, wanton arson, and bloodshed, a promising Bangladesh now resembles what it was until 1971: East Pakistan. Of course, (West) Pakistan also looks like going to seed—but Islamabad has the […]

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Business

Roving Periscope: Hasina waits in India; Khaleda freed, as Hindus targeted in a burning Bangladesh

August 6, 2024 virendra pandit

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Virendra Pandit New Delhi: As Bangladesh descended further into unprecedented anarchy, widespread riots, deaths, and destructions, the new military regime released former Prime Minister Begum Khaleda Zia, 78, and many activists of Muslim fundamentalist outfit Jamaat-I-Islami from prisons while London declined political asylum to ousted PM Sheikh Hasina Wazed, who is waiting in India to […]

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Business

Markets: Recession fears in the US, M-E crisis tank global indices, including Sensex, Nifty

August 5, 2024 virendra pandit

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Virendra Pandit New Delhi: Reports about a possible recessionary trend kicking off in the US, the escalating crisis in the Middle East, and domestic reasons caused a meltdown in world markets on Monday, as Sensex and Nifty crashed by nearly 3 percent each. Key factors behind the stock market crash included fears of a US […]

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Business

Sri Lanka Reloaded: As a huge crowd storms the PM’s house, Hasina quits, flees to Tripura

August 5, 2024 virendra pandit

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Virendra Pandit New Delhi: Aping the Sri Lankans of 2022, a huge crowd of anti-quota protestors stormed the Prime Minister’s official residence in Dhaka, soon after Sheikh Hasina Wazed resigned and fled along with her younger sister Rehana, the media reported on Monday afternoon. The Bangladesh Army gave an ultimatum of 45 minutes to PM […]

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