Étiqueté : questions

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India: PNB scandal poses sophisticated questions for PM Modi

New Delhi, India – On the morning of February 16, India’s second-largest state-run bank, Punjab National Bank (PNB), quietly announced to the stock exchange authorities in Mumbai that it has been defrauded of $1.8bn. But things hardly remained quiet. Within minutes, hell had broken loose in India’s financial markets. Indices tanked, especially the share prices…

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Trump’s Jerusalem pass: Key questions answered

President Donald Trump is expected to recognise Jerusalem as the capital of Israel on Wednesday, and announce plans to relocate to the city the US embassy, currently based in Tel Aviv. The move, long-sought by Israel, breaks with decades of US policy as well as the international consensus. World leaders have urged Trump to reconsider, warning…