The United Nations Council for Trade and Development has issued its annual World Investment Report this week. It has chosen an interesting theme to build its report around, the importance of so-called non-equity modes of international production. Read more

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Indian refineries which import crude from Iran are running around in circles. With the third week of July over, Tehran has not intimated whether crude will be sent in August. Read more

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The European Union is in the midst of a currency crisis for which I cannot see much hope barring a default or the actual expulsion of Greece from the eurozone. Read more

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Remittances to India have recovered from the global financial crisis, shows a Migration Policy Institute study of recent World Bank remittance data. Read more

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