Precisely when many in the developed bloc were frantically counting their money at the height of a surreal shock over subprime rate, the globalising world was jolted by a potential crisis of subsistence that would hit the poor and other vulnerable sections very hard. Is there a link, therefore, between the slippery subprime banking rate and the soaring prices of rice and other staples?
THE efforts of a Geneva-based organisation called Global Alliance for Improved Nutrition (GAIN) to set up an infant and young child nutrition (IYCN) alliance in India have raised the hackles of groups involved in the promotion of breastfeeding and child and infant survival.
WHEN former Karnataka Chief Minister B.S. Yediyurappa and other Bharatiya Janata Party (BJP) leaders crossed the Cauvery in a coracle into Tamil Nadu at Hogenekkal in Dharmapuri district on March 16 and shouted slogans demanding that Tamil Nadu should not implement the drinking water supply project it had planned there, they triggered a fresh dispute over the sharing of the river
The inflationary process at the international level is pushed by factors that cannot be easily controlled.
THE chances are that people under the age of 30 in most countries of the world would never have experienced price rises of the extent and rapidity of the past year. Globally, the prices of many basic commodities have not risen faster than this for around three decades.