By Aleksandra Sagan The Canadian Press Laura Kane Sat., June 30, 2018 NEW DELHI—Canadian Press reporters travelled to South Africa and India to investigate the growing epidemic of drug resistance, which experts describe as the single greatest threat to human health on the planet. This is the final story of a six-part series exploring how the unfettered use of antibiotics pushes humanity closer to a post-antibiotic era in which common infections may be impossible to treat. The R. James Travers Foreign Corresponding Fellowship helped fund the project. Pranav Johri completed five rounds of antibiotics to treat a persistent prostate problem in his early 30s, but his case flummoxed doctors because the medicine seemed to make him worse. “My entire life had become so limited,” says the 35-year-old workaholic from India’s capital city, recalling how he couldn’t summon strength for much more than a small meal in between long naps. The … [Read more...] about A century-old cure may help ward off superbugs, the ‘global climate change of health’
India globalization capital
For India to become a $5 trillion economy, the government needs to go from being a spender to an even greater enabler of businesses than it currently is. Debates about the appropriate level of government spending abound. The tight balance between spending to boost critical sectors versus managing a fiscal deficit is a tightrope the government must walk. Numbers such as the $526 billion infrastructure gap suggest that innovation in policy will be essential for India to truly bridge this gap, create jobs and generate growth. Our premise is that while spending by the government is important, it needs to focus much more on how to enable businesses, especially private investment in infrastructure. According to a World Bank report, government spending as a percentage of GDP has averaged at 10.29 percent between 1960 and 2016, with the number in 2016 being 11.65 percent. There is pressure around both the fiscal deficit and revenue deficit in India. In addition, no remarkable change in tax … [Read more...] about Will India emerge as $5 trillion economy?
LONDON: A collective sigh of relief swept across global trading floors on Tuesday as bargain hunters swooped on Wall Street stocks, stemming a haemorrhage that had been spreading panic among investors. With Asian and European equity markets plunging, New York stocks started their trading day with another jaw-dropping fall as the Dow index dived nearly 3%, adding to the previous day's record-breaking loss.But within minutes a fierce battle appeared to be playing out between those betting on a further downturn and those who thought that the market correction had gone too far, leading to some wild price swings."Traders don't know which way to turn as uncertainty is running high," said David Madden, market analyst at CMC. "The colossal range on the US indices sum up how irrational equity traders are at the moment, and while some go bargain hunting, others are fearful we could see another leg lower."Even as the Dow index gyrated in and out of positive territory, the feeling spread that the … [Read more...] about Global panic fades as Wall Street stems stock bleeding
In 2008, it was folly to imagine India creating new technological solutions to address the climate crisis. For decades India had called itself a victim of climate change and thus incapable of acting to reduce emissions. And 400 million Indians had no access to electricity at all. Ten years later, all of that has changed, and now India is a leader in renewable energy deployment while the United States is retreating from its commitments on climate.What changed in the past decade, since I and friends drove an electric vehicle across India?Back then, even where the grid existed in rural areas, people were without power for 12 to 14 hours a day. Commercial activity was curtailed when the sun went down. Health clinics were unable to perform their functions with limited lighting and refrigeration, and children were unable to study without adequate lighting at night.When the US elected Barack Obama in 2008, the new president made energy a focal point of the bilateral relationship with a … [Read more...] about India leads the charge for electricity access
Today, 1.25 billion Indians will have the honour to host 10 esteemed guests -- leaders of Asean nations -- at India's Republic Day celebrations in our capital, New Delhi. On Thursday, I had the privilege to host the Asean leaders for the Commemorative Summit to mark 25 years of Asean-India Partnership. Their presence with us is an unprecedented gesture of goodwill from Asean nations. Responding to this, on a winter morning, India has come out to greet them in a warm embrace of friendship.This is no ordinary event. It is a historic milestone in a remarkable journey that has brought India and Asean in a deepening partnership of great promise for their 1.9 billion people, about one-fourth of human kind.The India-Asean partnership may be just 25 years old. But, India's ties with Southeast Asia stretch back more than two millennia. Forged in peace and friendship, religion and culture, art and commerce, language and literature, these enduring links are now present in every facet of the … [Read more...] about Asean-India: Shared values and a common destiny