New evidence suggests India misestimated its annual economic growth rate during the past two decades. Rather than growing at a stable rate, it boomed during the early 2000s, then decelerated after the global financial crisis & subsequent domestic shocks.
https://t.co/7U961E5wuL
New evidence suggests India misestimated annual economic growth rate during the past two decades.
Growth in boom years 2005-2011 may have been underestimated by ~1–1.5 percentage points;
Growth from 2012-2023 overestimated by ~1.5-2 percentage points.
https://t.co/7U961E5wuL
You can run campaigns against Nehru, remove him from posters, delete him from textbooks, slander him but you cannot remove him from the world’s consciousness. Pettiness cannot dismantle a statesman.
@irishembind Hi Embassy, I have my passport in embassy for the last 19 days. I have been mailing to understand the status as I have other travels booked. Can someone please give a channel to communicate?
India’s total debt is now 170-180% of GDP and it was around 120-130% of GDP in 2014 😳
Debt has been growing at about 14% and nominal GDP at around 10%….
And the propagandists have been celebrating this for 10 years 🤦🏻♂️
I just read this on Facebook:
Someone asked "Why do many British people not like Donald Trump?"
Nate White, an articulate and witty writer from England, wrote this magnificent response:
1/
It can't be understated Manchester United how badly has been run into the ground by the Glazers. I don't think fans fully comprehend the club's financial situation, let's summarise some key points shall we?
- £149.6m in the bank as of September, plus the £79m added by SJR. Cool, right? It isn't from liquidity, this money is from loans or INEOS investment. The cashflow was -£86m, -£44m the year before that.
- That's not to mention £319m in transfer fees owed, with £154m due within a year. The bill is coming due on a credit card the Glazers wore out using, not to mention the £230m owed on the revolving credit facility.
- £166m paid in dividends over a decade long period by the Glazers, with £790m of interest payments since their takeover.
- SJR has put in £237.5m as part of his agreed investment, which has helped. It makes no sense for him to put in more, because it strengthens the Glazers position as sellers of the club.
- Cutting costs & selling players is the only way to get money into the club in the short term until they can become Champions League quality club & restart cashflow
INEOS aren't angels, but they aren't the devil either. This will take time to run around. We knew it would take hard decisions - which we've already seen, but it'll be even more confronting when players are sold too.
The first step to fixing a problem is acknowledging there is one. And Manchester United's? It is sizeable.
After President Trump’s executive order that says US recognises only 2 genders - male and female
And his heavy-handed decisions against immigrants
Bishop Mariann Edgar Budde calls out the fascism and speaks truth to power politely, strongly and assertively
Bravo! 👏