WASHINGTON/LONDON—Global factory output fell widely last month with U.S. manufacturing activity contracting for the first time in 2.5 years and the impact of China’s COVID-19 lockdowns weighing, although the downturn eased in Europe, surveys showed on Thursday. There were also encouraging signs that inflation may have peaked, or be close to doing so, in many…
Global Factory Activity Shrank in November but Price Pressures Ease
India Is No Ally of the US
Commentary According to the U.S. Department of State, the “U.S.-India strategic partnership is founded on shared values including a commitment to democracy and upholding the rules-based international system.” The two countries, we’re assured, “have shared interests in promoting global security, stability, and economic prosperity through trade, investment, and connectivity.” Sadly, reality paints a far different…
Founders of India’s News Outlet NDTV Resign After Billionaire’s Takeover of Company
The founders of New Delhi Television Ltd. (NDTV) have resigned from the board of the promoter group vehicle, which owns a major stake in the Indian news network, as Adani Group’s takeover of the company draws to a close. NDTV announced Tuesday that its promoter group vehicle, RRPR Holding Private Ltd., has approved the resignations…
Asia’s Richest Man: China Will Be ‘Increasingly Isolated’
November 29, 2022
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Gautam Adani, Asia’s richest man, has stepped in to help countries escape economic hardship caused by China’s Belt and Road Initiative (BRI). Adani is part of a movement of increasing resistance to BRI. The Indian billionaire predicts that it will lead to growing isolation for China. As of Nov. 27, Adani was the richest person…
Australia, Maldives Refute China’s Claim That They Attended Chinese-Led Indian Ocean Forum
November 29, 2022
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Australia and the Maldives clarified that none of their government officials attended the China–Indian Ocean Forum held on Nov. 21, which the organizer claimed had gathered representatives from 19 countries, excluding India. Their remarks were made in response to event organizer China International Development Cooperation Agency’s (CIDCA) joint statement on Nov. 22, which listed the…
Suspect in Australia Murder Arrested in India 4 Years Later
CANBERRA, Australia—The prime suspect in the murder of a woman on an Australian beach four years ago was arrested in New Delhi’s outskirts three weeks after he was targeted with a 1 million Australian dollar ($677,000) reward, authorities said Friday. Indian national Rajwinder Singh, 38, flew from Sydney to his homeland the day after 24-year-old…
Australian Lobster Bound for India Following Trade Agreement
A new market for Australian lobster has opened after a trade deal between Australia and India passed the Australian parliament on Nov. 22. This follows a trade war with Beijing that saw Lobster, and other commodities, fall to a grinding halt in 2020 after an investigation into the origins of COVID-19 was pursued by then…
Apple Adjusts Global Supply Chain, Shifting Production from China to India
November 22, 2022
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Amid economic and policy uncertainty in China, the bulk of Apple’s manufacturing is shifting to India. Many suppliers in Apple’s Chinese supply chain have either stopped recruiting or are laying off workers, while Apple’s contract manufacturers in India are furiously hiring. In Shanghai, Pegatron, the second-largest contract manufacturer of Apple in China (after Foxconn) and…
Raymond Ibrahim: Why Christians Are Disappearing From the Middle East
November 19, 2022
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“Dozens of Christians are massacred … macheted to death, locked in their churches and burned alive.” Raymond Ibrahim, author of the new book “Defenders of the West,” has been tracking persecution of Christians in Muslim-majority countries for decades—from Nigeria to Iran. He says this pattern has become so routine, widespread, and violent that it constitutes…
PREMIERING NOW: Raymond Ibrahim: Why Christians Are Disappearing From the Middle East
November 19, 2022
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This episode will premiere on Saturday, Nov. 19, at 7:30 p.m. ET. “Dozens of Christians are massacred … macheted to death, locked in their churches and burned alive.” Raymond Ibrahim, author of the new book “Defenders of the West,” has been tracking persecution of Christians in Muslim-majority countries for decades—from Nigeria to Iran. He says…
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