Jet Airways’ Banks May Need To Swallow A 75% Haircut On Their Loans

This sounds a little extraordinary, that the varied lenders to Jet Airways will need to swallow a 75% haircut on the loans they made to the company. It's not on a trivial sum either, Rs 14,000 crore is mentioned...

Another Polio Officer Shot Dead In Pakistan – We Do Want To Kill Off...

That we have our own problems with the anti-vaccine crowd is obvious enough. Those who fail to understand what a bitch Mother Nature is, how she and evolution want to eat your children. Thus they decry vaccines as unnatural...

How Silly Is This? Malaysia Subsidises Sugar So Much People Smuggle It

Most of the world is desperately trying to reduce the amount of sugar people eat. There are calls for taxes on anything which does contain sugar, several places - including the UK - have extra taxes on soda pop...

Maybe India’s Right – RBI States Cryptocurrency Adds Nothing To The Economy

This new document from the Reserve Bank of India is less than an outright condemnation of cryptocurrency even while it points to officialdom thinking that way. Other actions also rather show the official disapproval of the new technology. And...

A Bangladeshi Parking App Might Not Look Like Much

So, we've a little smartphone app that allows you to find a parking space in Dhaka, Bangladesh. Or, to rent out your parking space to someone in Dhaka, Bangladesh. True, the value of parking spaces in Dhaka is not...

India’s Jet Airways Suspends Operations – This Is Why We Need Capital And Capitalists

India's Jet Airways has been in trouble for months now. They've been losing money and banks won't lend any more - sensibly enough, it's a money pit. All of which is a useful lesson in why we need capital...

Apple To Make iPhones In India – Won’t Make Much Difference To Be Honest

Apple and Foxconn are getting together to fulfill one of the dearest wishes of Modi's government in India - they're going to start manufacturing up to date iPhones in the country. That this announcement comes at the beginning of...

To Explain Brunei’s Anti-LGBT Laws Including Stoning For Being Gay

Brunei has just introduced strict sharia law which is what has people like George Clooney demanding that we all boycott the Dorchester. Easy for you and me of course as neither of us has any intention of ever staying...

Of Course India Should Have Sold ONGC’s Oil And Gas Fields To Foreigners

There are those who insist that a national government must own the company which extracts natural resources from the territory of that country. This is not so - for the government already owns the natural resources themselves. There is...

That Chinese “BreedReady” Database – Check The Translation

A basic truism is that languages don't map exactly over each other and that's the most likely explanation for this database from China detailing "BreedReady" women. That languages don't map exactly should be obvious even to the most monolingual...

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