For that, a more relevant consideration is, for example, how much money China can contribute to the International Monetary Fund and other multilateral agencies, and how much voting power it should get in return. Another consideration is the view from other countries with rival claims in the South China Sea: how many ships can China buy, build and deploy? For these and other geopolitical questions, it is more useful to rely on China’s GDP at current exchange rates. The issue isn’t how many haircuts Chinese consumers can buy but what the yuan can buy on world markets. … [Read more...] about Is China overtaking the US as a financial and economic power?
Economist the world in 2018
India is not at risk of losing hosting rights for next year’s Twenty20 World Cup despite its cricket board’s failure to secure a tax exemption for the event, a key BCCI official has told Reuters. Tax exemptions for International Cricket Council (ICC) events are listed as a requirement in host agreements and the BCCI was supposed to confirm they had secured one by May 18. … [Read more...] about BCCI Treasurer Dhumal assures India not at risk of losing 2021 T20 World Cup
The United States is the worst hit with more than 17 lakh cases followed by Brazil, Russia, the United Kingdom, Spain, Italy, France and Germany. While Turkey is now ranked 10th, China is at 14th place and below Iran, Peru and Canada. … [Read more...] about With 165,799 Covid-19 cases, India now world’s ninth worst-hit country
The ICC has deferred a decision on the event till June 10, saying it wants to continue exploring contingency plans for some more time. Roberts said CA is staring at a revenue loss of around AUD 80 million. Even if the tournament goes ahead as per plan, it is likely to be held in empty stadiums because of the social distancing norms and CA is well aware of it. … [Read more...] about Cricket Australia: ‘ICC T20 World Cup at high risk, but India series likely to go ahead on schedule’
And while we are at it, we tail art to provide us with some nouveau and ingenious interpretations of how you can actually kick the butt. All you need is imagination, ardour and a packet of cigarettes, to come up with something inspiring that can move the world to a healthier ground. … [Read more...] about This World No Tobacco Day, Some Creative Ways to Kick the Butt!