British Prime Minister Theresa May will lead a delegation of small and medium-size businesses to India in November as part of efforts to bolster trade with countries outside the European Union as Britain prepares to leave the bloc. The November trip, May’s first bilateral visit to a country outside Europe
World
Toyota recalls 340,000 Prius hybrid cars for defect in brakes
Toyota Motor Corp. recalled 340,000 gas-electric hybrid Prius cars around the world on Wednesday -- 212,000 of them in Japan and 94,000 in North America, for a defect in their parking brakes.Toyota acknowledged receiving reports of crashes, injuries and deaths. The Japanese automaker refused to provide details, saying it was
SBI’s Arundhati Bhattacharya in race for top World Bank job
State Bank of India chairperson Arundhati Bhattacharya will be India’s nominee for the post of managing director and chief operating officer at the World Bank. If she succeeds, Bhattacharya, 60, will be the first Indian to be holding an important managerial position in an international financial institution. The closest was
The Muslim question: Raucous debates in France about the compatibility of Islamic practices with republican values- Dileep Padgaonkar
United Nations new Secretary General Antonio Guterres’ appointment unlikely to stir UN’s stagnant waters
The UN was remarkably effective in the immediate years after the Cold War, thanks to the bonhomie that existed between Washington, Moscow and Beijing. Today, the world is criss-crossed with fault lines and not just between these three. The result is international agreement by the lowest common denominator and the
IMF says Brexit will drag down world economic growth
Britain’s decision to leave the European Union will reduce global economic growth this year and next, the International Monetary Fund said recently. The IMF that it is shaving its estimate for worldwide growth to 3.1 percent this year and 3.4 percent in 2017. Both estimates are 0.1 percentage points lower
Alienation of migrants at root of France’s jihadi problem – Rakesh Sood
France is particularly vulnerable to the threat of home-grown terrorists, given that among European countries, it has one of the largest immigrant populations, drawn largely from former colonies in Africa. It is estimated six million, nearly 10% of the French population, are Muslims. While the first generation of immigrants were
Operation Sentinelle, launched after the 2015 attacks, has failed – Vaiju Naravane
Inner city Paris shows none of the cultural and racial diversity that marks London. Immigrants often live in cheap housing in ghettoized council estates on the edges of France’s grand cities, whether Paris, Lyon or Bordeaux with Marseille being the only exception. Their integration and feeling of not belonging to
Three terror attacks in two years: Why is France a target -S. Aaron
Religious extremists are able to exploit the deep sense of discrimination and exclusion that minorities experience in France. Waves of immigrants from former French colonies in North Africa and West Asia were, for instance, settled in “underfunded, distant suburbs” , called banlieues, which have come to connote slums marked by
From Brexit to the future: More neoliberal ideology won’t help – Joseph E Stiglitz
Digesting the full implications of the United Kingdom’s ‘Brexit’ referendum will take Britain, Europe, and the world a long time. The most profound consequences will, of course, depend on the European Union’s response to the UK’s withdrawal. Most people initially assumed that the EU would not “cut off its nose