11-13-2015, 11:57 PM
The country’s openness to social and religious minorities (more than 500 million people) and regional differences is at serious risk. Of late, Modi’s regime has effectively tolerated – if not encouraged – a saffron-clad army of Hindu activists who monitor and violently discipline those suspected of eating beef, disobeying caste rules or betraying the “Hindu nation”.
India is being ruled by a Hindu Taliban | Anish Kapoor | Comment is free | The Guardian
Writing on his blog on Thursday, Damodaran says that there are three major red flags that, in hindsight, were obvious for the Theranos story and should've qualified as "things that make you go hmmm." And among these red flags is Holmes' well-known habit of wearing a black turtleneck.
Aswath Damodaran on Theranos - Business Insider
Overall, growth is seen declining in emerging economies for a fifth year in a row in 2015, before strengthening next year. Notably, Russia's economy is seen shrinking 3.8 percent this year and 0.6 percent next, while Brazil's economy is declining by 3.0 percent this year and 1.0 percent in 2016. Several international bodies and banks have issued anemic outlooks for global growth in recent weeks.
World risks ‘persistently’ weak growth: IMF - Yahoo Finance
Just as Jim Cramer was figuring out the direction of the overall market, the price of crude oil once again broke down and brought the whole market with it. And Cramer has known for months now that hedge funds will tend to sell stocks whenever oil breaks down, and that is just what happened on Thursday. The reason for this is because they think that whenever oil goes down, then that means the economy isn't strong enough to grow on its own. So if the Fed tightens, the stock market will be in trouble.
Cramer: Why this decline in oil is so frightening
Credit Suisse is out with its top 10 trades for 2016. Ric Deverell, global head of research, and the members of his fixed income and economics research team aren't mincing words about the year ahead.