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SEPTEMBER 14, 2022 People stand in front of images of Chinese President Xi Jinping at the Museum of the Communist Party of China in Beijing on September 4, 2022. - Noel Celis—AFP/Getty Images Many people still assume the US President is the most powerful person in the world. But times have changed. In recent years we have observed two parallel developments:...
SEPTEMBER 14, 2022 India’s foreign exchange reserves are depleting. One part of the Reserve Bank of India's (RBI) mandate is to intervene in the foreign exchange market, which it does through sales or purchases of dollars in order to curb excessive volatility in rupee. Experts say, this could be a reason as to why India is seeing a depletion of...
SEPTEMBER 14, 2022 Former President Trump is facing a new political quagmire as Senate Democrats open an investigation into allegations he pressured the Department of Justice (DOJ) to investigate his political opponents. Former U.S. Attorney Geoffrey Berman wrote in a new book that the Justice Department under Trump pushed his office to pursue criminal cases against former Secretary of State John...
SEPTEMBER 14, 2022 Patagonia founder Yvon Chouinard announced Wednesday that he is giving away the outdoor-apparel company — an unorthodox move intended to help combat climate change and the environmental crisis. In a letter shared to the company’s website, Chouinard wrote that ownership of the company, which was founded in 1973 and reportedly valued at about $3 billion, has been transferred...
SEPTEMBER 14, 2022 Queen Elizabeth attending an event. - Wpa Pool/Getty Images It's no secret that the British royal family has serious financial means. While no one knows exactly how wealthy the family is, Queen Elizabeth left behind a fortune of $500 million when she died in September 2022 (per Fortune). King Charles III has inherited that fortune, and will not...
SEPTEMBER 14, 2022 Top-tier IT companies have seen their subcontracting costs rise on a sequential basis. (IE) The subcontracting costs of Indian IT services companies have been on the rise in recent months due to high demand and attrition rates. IT companies hire subcontractors, or third-party agencies, to meet the demand needed to fulfill projects with specific skill-sets that may not be...
SEPTEMBER 14, 2022 FILE PHOTO: Tom Barrack, CEO of Colony Capital, speaks at the Republican National Convention in Cleveland. - Reuters/Mario Anzuoni NEW YORK - Tom Barrack, the investor and onetime fundraiser for former U.S. President Donald Trump, will go on trial next week in a case that will provide a rare test of a century-old law requiring agents for other...
SEPTEMBER 13, 2022 A 14-year-old, let’s call him A, came to me with the concern that some of his friends had a far better social media presence with increasing likeability and a huge followership. So he was constantly feeling the pressure of not being liked by people due to the lack of those skills and abilities. In contrast, I came...
SEPTEMBER 13, 2022 New Delhi: As he headed for dinner with an auto-rickshaw driver in Ahmedabad, Delhi Chief Minister Arvind Kejriwal on Monday (September 12, 2022) got into a heated argument with a Gujarat cop over security protocols. The Aam Aadmi Party (AAP) convener, who accepted auto-rickshaw driver Vikram Dantani's invite to have dinner with him at his home, hit...
SEPTEMBER 13, 2022 Dubai: Dean Elgar’s South Africa losing the three-Test series against England recently could well have enhanced India’s chances of making their second successive World Test Championship final next year, given that the defeat has caused a lot of movement on the WTC charts. With Rohit Sharma’s side set to travel to Bangladesh for two Tests later this year,...