How IMF turned the world against the British pound

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Everyone from political pundits to people on the street have issued forth on the new UK government’s tax cut-laden growth plan recently. But it was a rare public rebuke from the International Monetary Fund (IMF) that really impacted financial markets. Days after the government made its mini-budget announcement, the IMF warned that “large and untargeted […]

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India called to task over Covid politicization

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The high death toll of the first two years of the Covid-19 pandemic is a profound tragedy and a massive societal failure at multiple levels, says the latest report by The Lancet medical journal’s Covid-19 Commission. Putting accountability on the World Health Organization (WHO), the Lancet Commission said the UN health body acted “too cautiously and […]

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Turning uncertainty into opportunity in Cambodia

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Over a lot of the last two decades, Cambodia’s economy has grown at an impressive average price of nearly 8%, one of the fastest-growing economies in the world. Significant advancements were made in decreasing poverty and improving health and education.   Yet, looking at the rear of the averages, social and economic disparities persist, and in a few instances, disparities increased […]

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Cambodia not quite yet in a China debt trap

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While other developing nations slip into foreign debt death spirals, Cambodia sits in a relatively hale spot on league tables monitoring who is likely next at risk of tumbling into a so-called China “debt trap.” Whereas Ethiopia and Zambia are the latest to request restructuring of their China-owed debts, joining Pakistan, Sri Lanka and Laos, […]

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