Mutated strain of the Covid-19 virus
A mutated strain of the C19 virus which is reported to be much more infectious than the original strain has first been reported in Britain and has now also been reported in South Africa, Denmark, Belgium, Australia and Hongkong etc. Many countries have alreadly shut their borders to flights from Britain. I wonder if Singapore...
Free Trade Agreements (FTA)
FTAs are actually investor rights agreements, rather than free trade agreements. Investors pumping hundreds of millions of dollars into a foreign country want a guarantee that their investments will be protected by the government. As to freeing up trade, tariffs between major trading nations are already very low or non-existent....
Indian banking sector is opening up?
I quote a Bloomberg news report of 8 December 2020 that the unprescedented takeover of a private Indian bank (Lakshmi Vilas Bank/ LVB) by a foreign competitor (DBS India) signals that the Indian banking sector is opening up- Nirmala Sitharaman. ( Indian Finance Minister). I disagree with that opinion. Let us be absolutely clear....
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