Brazil’s president signed an order to override the patent of Merck and Company’s signature AIDS drug, thereby opening the field to lower-cost producers to sell generic versions of the drug. Citing a 2001 World Trade Organization ruling permitting countries to overrule drug patents in cases of...
Click here for the original article on Bloomberg's website.
Rather than help root out terrorists finding refuge in war-torn Somalia, the US support of warlords against Islamist militias has created what analyst and former US National Security Council official John Prendergast calls “an al-Qaeda recruiter’s dream.” The Islamists have gained control of the...
Click here to read the full article in "The Washington Post"
Tajikistan and Uzbekistan rank among the most corrupt nations in the world with imminent collapse long anticipated. But regimes hang on: “the state’s ability to manage and manipulate competition over local resources to the benefit of the government and its security apparatus has been key,” writes...
Click here for the article in Foreign Affairs.
Manufacturing that adapts to new technologies and conditions shapes societies and economies. The challenge for India and other countries is competing with China’s low costs. Nayan Chanda, YaleGlobal’s editor in his column for Businessworld, describes how business people place manufacturing orders...
Govind Agarwal (not his real name) has seen the El Dorado. I met this 30-something young businessman in Kunming airport on his way back home from the Canton trade fair. Agarwal was giddy from his first trip to China. “Just imagine, simply by...
Attempts to protect home markets signal a lack of confidence in the business community. A decision by the Modi administration in India “to oblige ministries to procure only locally-built electronic products not only marks a protectionist turn but also undermines the government’s avowed goal of...
In a bid to boost domestic manufacturing through its “Make in India” program, the Narendra Modi government may have taken an inadvertent, backward step. Its decision to oblige ministries to procure only locally-built electronic products not only...
Countries that join together through multilateral organizations, whether the Association of Southeast Asian Nations or the United Nations, must determine the values required for pursuit of common goals. Yet there is stark contrast between Asian and western values – with Asia generally focused on...
Power and values: A Rohingya survivor of genocide in Myanmar pleads for food, and Hungary’s rightwing Prime Minister Viktor Orbán finds common cause with China’s Premier Li Keqiang
LONDON: A quarter of a century ago, an 18-year-old American student...
Support for strong US-Israel relations crossed party lines from the 1970s to the start of this century. More recently, though, a rift has opened between the two major parties as surveys show that the least pro-Israel demographics – among black, Hispanic, the young and nonreligious voters –...
Insurance companies purchase their own insurance – known as reinsurance – for select risks. Climate change presents “high exposure risk” for the industry – including property damage, failure to disclose risks or prevent disruptions, explains Don Jergler for Insurance Journal, reviewing a while...
