Should investors be spooked by Adani debacle in India

The crisis and scandal swirling around India’s mega-powerful Adani Group heightened this week as hundreds of members of India’s opposition parties took to the streets to demand an investigation into allegations by a US. short-seller against the conglomerate. It triggered the Adani Group share price to go into freefall.  Market losses have now exceeded US$110 […]Continue Reading

China’s Belt and Road objectives are shifting

When the history of China’s Belt and Road Initiative (BRI) is written, it’s unclear how much there will be to say that is positive. After spending more than US$1 trillion to build a network of infrastructure projects across emerging-market countries designed to connect large portions of the global economy to Beijing, cracks are beginning to […]Continue Reading

Much ado about a well-timed balloon

A huge white balloon equivalent in size to three buses drifted from China over Alaska and Canada, and then over Montana and across the US continent before reaching the Carolinas coast.  At that point, the Pentagon deemed it safe to send a couple of jet fighters supported by a fuel tanker to bring down the […]Continue Reading