However, vulnerabilities among some regional countries could amplify the impact of external shocks. These include elevated debt (China, Laos, Malaysia, Mongolia and Vietnam), sizable fiscal deficits (Laos and Vietnam), heavy reliance on volatile capital flows (Cambodia and Indonesia) and considerable foreign holdings of domestic debt (Indonesia, Malaysia and Thailand). Achieving long-term sustainable development calls for debt overhangs to be addressed and excessive leverage to be avoided. … [Read more...] about Ready to recover
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Second, India will be committing a mistake by using the current volatile international situation to take advantage of the United States' belligerent behavior against China in order to expand its territory along the border. With the US identifying China as its top strategic rival, China faces rising challenges in the global arena. And to make India a pawn in its geopolitical game against China, Washington has been encouraging New Delhi to encroach upon the Chinese land on the false assumption that Beijing would compromise its territorial integrity. But China will respond to even the smallest border intrusion. … [Read more...] about India should deal with border row rationally
“I love this guy,” West declared of Trump during a 2018 meeting. “Trump is on his hero’s journey right now. And he might not have expected to have a crazy motherf**ker like Kanye West run up and support, but best believe we are going to make America great.” … [Read more...] about Kim Kardashian supports Kanye West’s presidential bid — but can he actually run?