<p style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(39, 39, 39);font-family:Manjari;font-size:18px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;line-height:1.7;margin:0px 0px 15px;orphans:2;padding:0px;text-align:left;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">The sub-prime crisis upended the U.S.&nbsp;economy in 2007. President George W.&nbsp;Bush found it convenient to arraign the&nbsp;credit&nbsp;rating&nbsp;agencies for the fiasco. They&nbsp;had a harrowing time facing the crisis of confidence.<p style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(39, 39, 39);font-family:Manjari;font-size:18px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;line-height:1.7;margin:0px 0px 15px;orphans:2;padding:0px;text-align:left;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">Jharkhand-born Deven Sharma had just moved in to head Standard &amp; Poor (S&amp;P) in the U.S. Four years later, Standard &amp; Poor found it appropriate to downgrade the U.S. Government’s long-term debt rating from AAA to AA-. Barack Obama was at the helm then. He too fumed and fretted against the rating agencies. Senator John Kerry chose to dismiss it as “Tea Party Downgrade”. Damned if you, damned if you do not! Deven Sharma resigned from S&amp;P after 18 days of piloting this rating downgrade, which was the first of its kind in 70 years. The Federal Bureau of Investigation (FBI) went after Deven Sharma. Has the Enforcement Directorate in India taken a leaf out of this witch-hunting?<p style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(39, 39, 39);font-family:Manjari;font-size:18px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;line-height:1.7;margin:0px 0px 15px;orphans:2;padding:0px;text-align:left;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">Deven’s&nbsp;team found the debt ceiling stand-off as the reason for this downgrade. This announcement was on a Friday. The markets tanked&nbsp;next Monday. S&amp;P 500 lost 6.5% on first day after the downgrade in 2011.&nbsp;The benchmark U.S.&nbsp;ten-year sovereign bond yield, ideally, must have climbed. But it dropped, possibly at the intervention of the U.S.&nbsp;Federal Reserve.<p style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(39, 39, 39);font-family:Manjari;font-size:18px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;line-height:1.7;margin:0px 0px 15px;orphans:2;padding:0px;text-align:left;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">Twelve years later, Paul Taylor, CEO of Fitch Ratings, decided to bite the bullet. His agency had sent out a downgrade warning in May. It too downgraded the U.S. from AAA to AA+. This announcement was made after the markets closed on Monday. Will he last the next 18 days? The ides of August need to be watched. Deven of S&amp;P could not withstand the 18-day war of Mahabharata! Beyond the debt ceiling standoff, deteriorating governance concerns and fiscal profligacy have combined to press Fitch to effect the downgrade.<p style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(39, 39, 39);font-family:Manjari;font-size:18px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;line-height:1.7;margin:0px 0px 15px;orphans:2;padding:0px;text-align:left;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">A&nbsp;day&nbsp;after the downgrade in 2023, S&amp;P 500 shed 1.38%, NASDAQ Composite Index lost 2.17% and&nbsp;the&nbsp;benchmark U.S.&nbsp;ten-year sovereign yield rose by 2.4% to 4.08%. On the second day,&nbsp;the yield&nbsp;was&nbsp;further up at 4.11%. A rating downgrade reflects heightened default risk. But&nbsp;the credit&nbsp;default&nbsp;swap&nbsp;levels have remained unmoved.&nbsp;Perhaps, a&nbsp;one-notch dip&nbsp;from the top&nbsp;is too far away from default.&nbsp;If the safe haven theory should hold good, gold&nbsp;price&nbsp;must have gone up. But it dropped by 0.5% to $1934 per ounce, as in 2011. Down the line, will any rating agency downgrade&nbsp;the&nbsp;rating for&nbsp;gold!<p style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(39, 39, 39);font-family:Manjari;font-size:18px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;line-height:1.7;margin:0px 0px 15px;orphans:2;padding:0px;text-align:left;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">Just like the market, reactions of people who matter have been on predictable lines. Janet Yellen, the Secretary of U.S. Treasury and Jerome Powell, Chairman of Federal Reserve, have rebuffed the rating action, accusing Fitch of relying on inaccurate data. Are they questioning their own data? While Fitch is now aligned with S&amp;P on U.S. debt rating, Moody’s is still maintaining the AAA rating.<p style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(39, 39, 39);font-family:Manjari;font-size:18px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;line-height:1.7;margin:0px 0px 15px;orphans:2;padding:0px;text-align:left;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">Globally, ten economies still retain the AAA rating by Fitch and 11 by S&amp;P. Of the 11, Canada is rated AA+ by Fitch. Australia, Denmark, Germany, Liechtenstein, Luxembourg, Netherlands, Switzerland, Norway, Sweden and Singapore make up the rest of the ten. (<a style="background-color:transparent;box-sizing:border-box;color:rgb(255, 53, 36);display:inline-block;margin:0px;padding:0px;transition:all 0.4s ease 0s;" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=http://www.tradingeconomics.com/&amp;source=gmail&amp;ust=1691653641233000&amp;usg=AOvVaw3Gpzon2CBq7cUoAL7ccqor">www.tradingeconomics.com</a>) India too can boast of a double A in its rating, albeit with a “B” at the front and 3 at the end, making it “Baa3” with astable outlook, pecking it at the lowest of investment grade rating.<p style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(39, 39, 39);font-family:Manjari;font-size:18px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;line-height:1.7;margin:0px 0px 15px;orphans:2;padding:0px;text-align:left;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">Let us look at the following data across&nbsp;the&nbsp;U.S.&nbsp;(AA+), Australia (AAA) and India (Baa3) to&nbsp;understand&nbsp;if such rating divergences really reflect underlying weaknesses or perceived strengths. Data is as of March 2023, sourced from&nbsp;<a style="background-color:transparent;box-sizing:border-box;color:rgb(255, 53, 36);display:inline-block;margin:0px;padding:0px;transition:all 0.4s ease 0s;" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=http://www.ceic.data.com/&amp;source=gmail&amp;ust=1691653641233000&amp;usg=AOvVaw1GkBAcS29auPQ6qURFN3rU">info.ceicdata.com</a>.&nbsp;<figure class="image"><img src="https://strapi.bangalore2.com/uploads/image_2023_08_09_141331714_1_d4d939a500.png" alt="image_2023-08-09_141331714 (1).png" srcset="https://strapi.bangalore2.com/uploads/thumbnail_image_2023_08_09_141331714_1_d4d939a500.png 245w" sizes="100vw" width="245"></figure><span style="-webkit-text-stroke-width:0px;display:inline !important;float:none;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;orphans:2;text-align:center;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Investment Grade Ratings/Source: <a style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(255, 53, 36);display:inline-block;font-family:Manjari;font-size:15px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;margin:0px;orphans:2;padding:0px;text-align:center;text-indent:0px;text-transform:none;transition:all 0.4s ease 0s;white-space:normal;widows:2;word-spacing:0px;" target="_blank" rel="noopener noreferrer" href="https://www.ceicdata.com/en">CEIC</a><span style="-webkit-text-stroke-width:0px;display:inline !important;float:none;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;orphans:2;text-align:left;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">With the government debt to GDP remaining at 121%, the U.S. economy is puffing along on borrowed money. The next table will reveal that the holding of this debt by the U.S. is negligible, bracketed with others at 2%. This is also corroborated by the high external debt to GDP ratio of 96%. Yet, the U.S. perceived itself to be safe for more than eight decades! At 7%, the U.S. has the highest fiscal deficit to GDP among the three. Fitch has rightfully expressed heightened concerns on fiscal profligacy. U.S. citizens appear to have been so pampered with social security and health benefits that they forgot to save for themselves. Their gross savings rate is at negative 18%. “Yatha Rajah, thatha Prajah”. Just like the government, the citizens are also enjoying living on borrowed funds. Yet, US claims to be safe haven!<figure class="image"><img src="https://strapi.bangalore2.com/uploads/image_2023_08_09_141447561_2_9ec2a8151b.png" alt="image_2023-08-09_141447561 (2).png" srcset="https://strapi.bangalore2.com/uploads/thumbnail_image_2023_08_09_141447561_2_9ec2a8151b.png 245w" sizes="100vw" width="245"></figure><span style="-webkit-text-stroke-width:0px;display:inline !important;float:none;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;orphans:2;text-align:center;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Foreign Holders of U.S. Debt/Source: <a style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(255, 53, 36);display:inline-block;font-family:Manjari;font-size:15px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;margin:0px;orphans:2;padding:0px;text-align:center;text-indent:0px;text-transform:none;transition:all 0.4s ease 0s;white-space:normal;widows:2;word-spacing:0px;" target="_blank" rel="noopener noreferrer" href="https://www.federalreserve.gov/">US Federal Reserve</a><p style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(39, 39, 39);font-family:Manjari;font-size:18px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;line-height:1.7;margin:0px 0px 15px;orphans:2;padding:0px;text-align:left;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">Asia (led by China) holds 70% of U.S. debt. The U.S. is bracketed with others and still comes to less than 2%. Clear examples of leveraged economies that preach to the corporate world on high gearing!<p style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(39, 39, 39);font-family:Manjari;font-size:18px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;line-height:1.7;margin:0px 0px 15px;orphans:2;padding:0px;text-align:left;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">It is high time U.S.&nbsp;citizens made themselves aware of the sixth verse in Bhagavad Gita Chapter 3.<p style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(39, 39, 39);font-family:Manjari;font-size:18px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;line-height:1.7;margin:0px 0px 15px;orphans:2;padding:0px;text-align:left;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">karmendriyāṇi&nbsp;sanyamya&nbsp;ya&nbsp;āste&nbsp;manasā&nbsp;smaran indriyārthān&nbsp;vimūḍhātmā&nbsp;mithyāchāraḥ&nbsp;sa&nbsp;uchyate&nbsp;(Chapter 3:6)<p style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(39, 39, 39);font-family:Manjari;font-size:18px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;line-height:1.7;margin:0px 0px 15px;orphans:2;padding:0px;text-align:left;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">Those who restrain the external organs of action, while continuing to dwell on sense objects in the mind, certainly delude themselves and are to be called hypocrites.<p style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(39, 39, 39);font-family:Manjari;font-size:18px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;line-height:1.7;margin:0px 0px 15px;orphans:2;padding:0px;text-align:left;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;" dir="auto">The mention of the “mithyachara” by the Lord is about the hypocrites, who find it convenient to huff, puff and rebuff as per their convenience.&nbsp;The ones who extoll the&nbsp;“façade” in Johari Window need to remove their facades fast.<p style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(39, 39, 39);font-family:Manjari;font-size:18px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;line-height:1.7;margin:0px 0px 15px;orphans:2;padding:0px;text-align:left;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;"><img src="https://strapi.bangalore2.com/uploads/KSFE_ad_1024x1024_1_efada5f369.webp" alt="KSFE_ad-1024x1024 (1).webp">

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The sub-prime crisis upended the U.S. economy in 2007. President George W. Bush found it convenient to arraign the credit rating agencies for the fiasco. They had a harrowing time facing the crisis of confidence.

Huff, Puff and Rebuff at the Rating Downgrade

Television tells you many things even in an era of untruth, if you know what to look for. As a practised viewer and reporter, I’m lucky. I know to look past the text of Modi’s speech at the U.S. Congress and listen to the applause.The first thing that struck me is how the claps kept coming at regular intervals in exactly the same strength, as if exactly the same number of hands were clapping at the same intensity to the ministering of an invisible conductor. The sound came from the upper section of the hall in the Senate, where an occasional camera positioned at a wide angle threw a glance at pliant Indians in raptures as their leader spoke.Modi was rolling out a speech with trademark Indianisms, which is a polite way of saying that it was replete with stock phrases and homilies that brought on one round of applause after another.“Standing here, seven Junes ago…” said Modi with a dramatic flourish, “…the hesitations of history were behind us.” Whatever that’s supposed to mean, you or I may ask, not the professional clappers.Encouraged by the sounds from above to say more, Modi kept the gems flowing.“Through the long and winding road we have travelled, we have met the test of friendship.” You could almost hear the heaving Indians ushered in to the top benches of the Senate shouting ‘sixer, maar diya!’<img src="https://strapi.bangalore2.com/uploads/images_5_2_fab04cdd5b.jpeg" alt="images-5 (2).jpeg"> Narendra Modi is US CongressThen, an extraordinary thing happened. Modi quoted from the Hindu scriptures in Sanskrit, as he is given to doing.“Ekam Satta, Vipra Bahudha Vadannti.”This was followed by the same ecstatic applause before he read the translation in English. It was amazing that an entire section of the U.S. Senate could now understand Sanskrit.The translation was read while the claps were in progress.“The truth is one but the wise express it in different ways,” Modi explained.Could I be imagining this? Was I a hyperactive viewer? But it happened again.<span style="-webkit-text-stroke-width:0px;display:inline !important;float:none;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;orphans:2;text-align:left;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">“<a style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(255, 53, 36);display:inline-block;font-family:Manjari;font-size:18px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;margin:0px;orphans:2;padding:0px;text-align:left;text-indent:0px;text-transform:none;transition:all 0.4s ease 0s;white-space:normal;widows:2;word-spacing:0px;" target="_blank" rel="noopener noreferrer" href="https://www.nbcnews.com/video/watch-indian-pm-modi-s-full-address-to-congress-184163909824">Our vision is, sabka saath, sabka vikaas, sabka vishwaas, sabka prayaas</a><span style="-webkit-text-stroke-width:0px;display:inline !important;float:none;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;orphans:2;text-align:left;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">” (See 20:36 mins)This time, our multilingual Senate understood Hindi before Modi could follow through with the English version.There were other observations I made, less about the semantics, more about the troubling substance of Modi’s speech. There was the spinning of the usual Hindu nationalist yarn that India has overthrown a thousand years of slavery, implying that India was unfree under Mughal and pre-Mughal medieval rulers.There was the blatant and cruel joke of the Prime Minister talking of cooperative federalism at a time when back at home, Manipur burned because of the lack of precisely the kind of federalism Modi was pontificating about and the Delhi government was protesting against the constant attempt by the Centre to snatch away autonomy from a government by an opposition party.This made me raise bigger questions of the farcical performance at hand. Where is the word democracy in this show, if a Senate in search of money and an Indian market has to kowtow to a visiting dignitary in this way. The upper stalls were reverberating with war-cry like gasping chants of `Modi-Modi’ peppered with whistles.If America calls itself the world’s oldest democracy, where does it hide itself after such a display? On the one hand, America is replete with government-funded think tanks acting as self-appointed arbiters of democracy. It creates storied telling the world where it stand on the democracy index.On the other hand, Americans are well aware of how capital can twist and distort democracy into an ugly mobocracy that can literally rip the insides of their White House to shreds. They are barely back from precisely such a precipice so they know what a megalomaniac who likes to preen in public can do. They’ve seen it. The Senate that clapped and allowed clapping has seen it.But all of us glued to our television screens watching the speech could also see Vice President Kamala Harris keep a steely stoicism as she sat directly behind the Hindu dictator, her Indian roots called into play as part of the programme.We ought to know how to read the signs. The same tropes play out whether it is the pre or post-Trump regime. Biden, Obama, Trump are all conflatable into one big business ball prepared to pay the price, any price, any act to run their local markets and keep local voters happy.While this show runs to full house, let us now call into play the last such choreographed act when Obama was at the helm. Circa 2016, Modi’s rock-star type show at New York’s Madison Square Garden. Cameras hovering over the audience rows showed people in skullcaps all sitting together. That must have taken some doing. It was another level of absurdist theatre where you would need to imagine what would have had to play out if indeed all Muslims entered Madison Square at the same time and booked seats next to one another.Google the video. Then let’s imagine what we are supposed to.Says one Muslim to another in this imaginarium: “Hey, do you know Modi is coming to town? Let’s book tickets together and oh don’t forget your skullcap. And listen, let’s get all our friends to come watch how much we love Modi and let’s show him we care by entering the hall together sitting in one place.”“Yes, let’s all do that, what a good idea.”If world politics is about which leaders are shunned and who is feted, if America sits in judgement on who is democratic and who should be in a G 8 group or the United Nations Security Council, then it has a lot to answer for. And we, the enraptured viewers have even more to think about, as we sit eyeballs and ears peeled for this display.Should we stop looking in the official places for holding up the image of liberty equality, fraternity? Where should we turn to instead to understand the true value of freedom and dissent? If the 99 percent matters, if Black Lives and Dalit Lives Matter, can we stop using vacuous references to the democracies like world’s largest and world’s oldest? Also, should we turn our gaze elsewhere for a freedom index?Can we look at how Taiwan is fighting the monolith that is China? Can we look at aboriginal movements in Australia and New Zealand? Can we ask the LGBTQi in Brazil how they bent the votes against Bolsanaro? Can we look at a post-apartheid South Africa? And the next time when someone uses hyperboles such as ‘the world’s biggest’, ‘the world’s oldest’, greatest’, ‘fastest’, and ‘fattest’, can we collectively agree that these are salesman-politicians in Teflon democracies and look away?This article was first published in The Wire. <span style="-webkit-text-stroke-width:0px;display:inline !important;float:none;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;orphans:2;text-align:left;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">The article can be read <a style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(255, 53, 36);display:inline-block;font-family:Manjari;font-size:18px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;margin:0px;orphans:2;padding:0px;text-align:left;text-indent:0px;text-transform:none;transition:all 0.4s ease 0s;white-space:normal;widows:2;word-spacing:0px;" target="_blank" rel="noopener noreferrer" href="https://thewire.in/politics/us-senate-modi-applaud-sanskrit">here</a><a style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(255, 53, 36);display:inline-block;font-family:Manjari;font-size:18px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;margin:0px;orphans:2;padding:0px;text-align:left;text-indent:0px;text-transform:none;transition:all 0.4s ease 0s;white-space:normal;widows:2;word-spacing:0px;">.</a>

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Television tells you many things even in an era of untruth, if you know what to look for. As a practised viewer and reporter, I’m lucky. I know to look past the text of Modi’s speech at the U.S. Congress and listen to the applause.

The Amazing Grace of the US Senate That Clapped When Modi Spoke in Sanskrit

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“It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, 

COP27; Hopes and Despair

This year’s Economics Nobel Prize is a cruel joke. It has been presented to three economists, one of whom is Ben Bernanke, former Chairman of the Federal Reserve.The citation reads: “Modern banking research clarifies why we have banks, how to make them less vulnerable in crises and how bank collapses exacerbate financial crises. The foundations of this research were laid by Ben Bernanke, Douglas Diamond, and Philip Dybvig in the early 1980s. Their analyses have been of great practical importance in regulating financial markets and dealing with financial crises.”<img src="https://strapi.bangalore2.com/uploads/image_2022_10_11_150403103_768x504_40e2f59e28.png" alt="image_2022-10-11_150403103-768x504.png"> 2022 Economic Sciences Nobel Prize laureates Ben Bernanke, Douglas Diamond and Philip DybvigSeriously? Ben Bernanke was in charge of the U.S. economy from 2005 onwards, and his policies were responsible for the great recession of 2007-08. As the Chairman of the Federal Reserve, it was his job to stem the tide of toxic housing mortgages that were spreading rampantly in the United States. He failed at his primary job and caused the crisis. He was asleep at the wheel. His irresponsibility caused the banks to fail.This man’s policies crashed the world economy. And then he gave a free pass to the criminals who caused the crisis because they were “too big to fail.” And he gets an award for “how to make banks less vulnerable in crises” and “why avoiding bank collapses is vital?” Ask those families that lost everything how they feel about this.What of his policies after the crash, for which the folks in Stockholm are rewarding him? Bernanke was responsible for the introduction of the irresponsible practice of printing money, also known as Quantitative Easing, which has now led to soaring inflation all over the world. The global economy, and banks everywhere, are expected to crash like never before because of this inflation, coupled with the effects of the Ukraine war.The U.S. could get away with printing money because it has reserve currency. But thanks to its reckless policy of denying access to Russia to the dollar-based system, countries around the world have lost faith in the U.S. dollar, and are moving to de-link their economies from the dollar. China has greatly reduced its holdings of U.S. Treasury Bonds. Russia had been doing this for the past eight years, a key reason why Western sanctions have not hurt it as much as the West hoped they would.Other countries have seen what is happening. If the U.S. could try to kill Russia’s economy, one day it might try to do the same to them. In economic terms, the U.S. used the nuclear option against Russia, as it were. So, countries are moving quietly away from the dollar and back, after 50 years, to gold-backed currencies.Many of the economic crises that have ravaged the world are due to the world leaving the gold standard. After the Bretton Woods Conference in 1944, which led to the dollar becoming the world’s reserve currency, it was decided that the value of the dollar would be pegged to the price of gold. This was a rational system.But in 1971, U.S. President Richard Nixon took the decision to de-link the dollar from the price of gold. But the dollar still remained the reserve currency of the world. The net effect was that the U.S. could keep printing money whenever it needed it to finance its wars – in Vietnam, Iraq, Libya, Afghanistan, and so on. The U.S. financed these wars by selling its bonds to foreign countries and loading them with dollar securities because it could print as many dollars as were needed to finance those bonds. <img src="https://strapi.bangalore2.com/uploads/Untitled_1_768x507_2dfbe51e6f.png" alt="Untitled-1-768x507.png">The New York Times – August 16, 1971However, in the last few years, countries have been dumping the dollar. This becomes obvious when you look at the interest rates offered by U.S. treasury bonds. When the demand for your bonds goes down, you have to offer higher returns on your bonds so that people will buy them. How much demand for US bonds has gone down can be seen from the fact that, from a low of 0.6% on July 26, 2020, the interest rate on US bonds has jumped to nearly 4% today.<img src="https://strapi.bangalore2.com/uploads/unnamed_e1665479717523_682x1024_45c30d8b06.jpg" alt="unnamed-e1665479717523-682x1024.jpg"> US10Y: U.S. 10 Year Treasury – Stock PriceWorthless DollarEssentially, the US dollar is increasingly becoming worthless, and nobody wants to hold it any longer. The two countries that have been aggressively dumping the dollar are Russia and China. And the reason their action is U.S. sanctions. Under Trump, the U.S. engaged in a trade war with China, and that spooked the Chinese. Since 2014, the U.S. has been imposing sanctions on Russia. All these sanctions have led to the world viewing the U.S. as an unreliable partner who is capable of capriciously trying to destroy the economies of other countries, a perception that was only strengthened by its all-out economic war against Russia after its invasion of Ukraine.And so, the US is going to be left holding a huge pile of paper dollars that nobody wants. This is going to end its superpower status.All this is a consequence of the groundbreaking and unprecedented (in U.S. history) decision by Ben Bernanke to start printing money.And for this “achievement” of his – the destruction of the American economy (admittedly, not complete yet), the Nobel Committee has decided to award the Prize to Bernanke.If anyone should have gotten the Nobel Prize in economics for the housing crisis, it is Raghuram Rajan, because in 2005, he flagged the issue of the crazy housing bonds in a conference to Ben Bernanke, and was ridiculed at the time by Bernanke.<p style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(39, 39, 39);font-family:Manjari;font-size:18px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;line-height:1.7;margin:0px 0px 15px;orphans:2;padding:0px;text-align:left;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;"> Actually, I agree with the decision to award a Nobel to Bernanke. Only, it was the wrong prize. He should have been awarded the Peace Prize.<hr><h4 style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(39, 39, 39);font-family:Manjari;font-size:18px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;letter-spacing:normal;line-height:1.2;margin:0px 0px 15px;orphans:2;padding:0px;text-align:left;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">Subscribe to our channels on<a style="background-color:transparent;box-sizing:border-box;color:rgb(247, 168, 16);display:block;margin:0px;padding:0px;text-decoration:none;transition:all 0.4s ease 0s;" target="_blank" rel="noopener noreferrer" href="https://www.youtube.com/c/THEAIDEM">YouTube</a>&amp;<a style="background-color:transparent;box-sizing:border-box;color:rgb(0, 0, 0);display:block;margin:0px;padding:0px;text-decoration:none;transition:all 0.4s ease 0s;" target="_blank" rel="noopener noreferrer" href="https://chat.whatsapp.com/ELqD1D1bImgAP6MrG8jskq">WhatsApp</a></h4>

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his year’s Economics Nobel Prize is a cruel joke. It has been presented to three economists, one of whom is Ben Bernanke, former Chairman of the Federal Reserve.

A Nobel for Economic Disaster

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The ideal of self-determination is a problem that has faced mankind for long: From the League of Nations  to the United Nations Organisation, in the aftermath of the Second World War, and beyond, to the current conflicts raging in Ukraine, the  world has failed to find lasting answers to this vexing issue.

The Problem of Self-Determination: Challenges and Opportunities

<p style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(39, 39, 39);font-family:Manjari;font-size:18px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;line-height:1.7;margin:0px 0px 15px;orphans:2;padding:0px;text-align:left;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">ഉക്രൈൻ യുദ്ധത്തെപ്പറ്റി, അതിന്റെ വരാനിരിക്കുന്ന ഗതിവിഗതികളെപ്പറ്റി ഏറ്റവും പുതിയ വിവരങ്ങളുമായി, റഷ്യൻ പ്രസിഡന്റ് വ്ലാദിമിർ പുടിന്റെ സീനിയർ അഡ്വൈസറും റഷ്യയിലെ സിവിൽ സൊസൈറ്റി ആൻഡ് ഹ്യൂമൻ റൈറ്റ്സ് എന്ന ഏജൻസിയുടെ മേധാവിയുമായ വലേറി ഫദീവുമായി സുപ്രസിദ്ധ ഇന്ത്യൻ മാധ്യമ പ്രവർത്തകൻ സയീദ് നഖ്‌വി നടത്തിയ അഭിമുഖ സംഭാഷണം. പുടിൻ സർക്കാരിന് വേണ്ടിയുള്ള മാധ്യമ സമ്പർക്ക പരിപാടികളുടെ മേൽനോട്ടച്ചുമതലയും വലേറി ഫദീവിനാണ്.<p style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(39, 39, 39);font-family:Manjari;font-size:18px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;line-height:1.7;margin:0px 0px 15px;orphans:2;padding:0px;text-align:left;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">A Global Special Program by The AIDEM- an interview with Valeri Fadayev, Senior Advisor to the Russian President, Vladimir Putin, by renowned foreign affairs journalist of India, Saeed Naqvi. This interview reveals the latest information about the Ukraine war and Russia’s strategies and plans for the coming days.

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A Global Special Program by The AIDEM- an interview with Valeri Fadayev, Senior Advisor to the Russian President, Vladimir Putin, by renowned foreign affairs journalist of India, Saeed Naqvi. 

Sanctions hitting Europe more: Valery Fadeyev, Putin’s Advisor

Russia has accused the US of developing bioweapons in Ukraine. This accusation came after US officials admitted there were “biodefense” labs in Ukraine that were basically run by the US. The US said it was worried that these biodefense labs might fall into Russian hands, which would enable them to use bioweapons against Ukraine.Let’s unpack this a little.In 1972, the whole world agreed to a UN convention banning the production of bioweapons. 183 countries signed the convention.But there was one problem. There was no verification clause.In other words, this was merely an honor system.Further, the convention allowed “biodefense” efforts – basically efforts to protect a country against bioweapons.Indeed, the US has a massive biodefense lab infrastructure, started in 2002, located in Fort Detrick, Maryland.Now the problem is that moving from “defense” to “offense” is not very hard. If it were, the US government would not be so worried about its labs falling into Russian hands.So, the other question is, is the US secretly violating the 1972 treaty and also exploring offensive uses of these pathogens?The answer is, we don’t know, and we cannot know, because these programs are classified, and the 1972 convention does not provide for any verification.So all we have is the US government’s word that it is not developing offensive weapons at these labs.It depends on how much you trust the US government.Just remember that they have lied to us before. Such as in Iraq in 2003.So, do I trust them? No, I personally do not. I think the Russian claims might be true. You might say, that is speculation. Yes. But in this area, everything is grey.And, regardless of whether the US is actively developing bioweapons or not, the worry they have that the Russians can use their “defense” technology to develop “offense” weapons easily tells me that if they so wish, the US could easily use their own defense capability to develop bioweapons.And it is simple logic if you think of it. If you want to defend against a possible bioweapon, you must first create that bioweapon. Only then can you figure out how to defeat it. So every biodefense tool must carry with it the knowledge of creating bioweapons. And it is not enough to just defend against the pathogens that are known today. You must anticipate new pathogens that the enemy might create. So you must first create these deadlier pathogens so that you can find ways to defeat them.In other words, these “biodefense” labs are simply a legal way of developing bioweapons technology and getting around the legal requirements of the 1972 treaty. And therein lies the tale of US apprehensions and Russian accusations.<div class="mdp-liker-box after-content two-buttons style-border-fill row-right" style="--mdp-liker-bg-color-active:rgba(255, 33, 40, 1);--mdp-liker-bg-color-hover:rgba(255, 33, 40, 1);--mdp-liker-bg-color:rgba(255, 33, 40, 1);--mdp-liker-border:1px;--mdp-liker-radius:50px;--mdp-liker-text-color-active:rgba(255, 255, 255, 1);--mdp-liker-text-color-hover:rgba(255, 255, 255, 1);--mdp-liker-text-color:rgba(255, 33, 40, 1);box-sizing:border-box;font-size:initial;font-weight:initial;margin:0px;padding:0px;" id="mdp-liker-15814" data-memory="on"><div style="align-items:center;box-sizing:border-box;display:flex;justify-content:space-between;margin:0px;padding:0px;"><div class="mdp-liker-description" style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(85, 85, 85);font-family:Manjari;font-size:medium;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;margin:0px;max-width:60%;orphans:2;padding:0px;text-align:left;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">&nbsp;</div></div></div> &nbsp;

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Russia has accused the US of developing bioweapons in Ukraine. This accusation came after US officials admitted there were “biodefense” labs in Ukraine that were basically run by the US.

On US “BioDefense” Labs in Ukraine

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US President Joe Biden’s statement linking the October 7 Hamas strike on Israel to India-Middle East-Europe Economic Corridor has added a new dimension to the ongoing conflict in the Gaza region. 

The India-UAE-Europe Economic Corridor and Hydrocarbon Factor in Palestine Region

<p style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(39, 39, 39);font-family:Manjari;font-size:18px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;line-height:1.7;margin:0px 0px 15px;orphans:2;padding:0px;text-align:left;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">Renowned international affairs journalist Saeed Naqvi analyses the significance of the United Nations Security Council resolution calling for an immediate ceasefire in Gaza. Naqvi’s special focus is on how the resolution would impact relations between the USA and Israel and what medium – long term relevance it has for West Asian politics as a whole. The resolution was passed 14-0 after the US desisted from vetoing the measure, in a shift from the position it had held throughout the current war, which started in early October 2023.<p style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(39, 39, 39);font-family:Manjari;font-size:18px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;line-height:1.7;margin:0px 0px 15px;orphans:2;padding:0px;text-align:left;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">Naqvi points out that this is a big shift that underlines the steady decline of US hegemony in international politics. Watch the full interview with Venkitesh Ramakrishnan here.

Gaza Ceasefire: The Larger Import of the UNSC Resolution for the USA, Israel and West Asia

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<img src="https://strapi.bangalore2.com/uploads/IMG_20240930_WA_0007_770x470_d5062615d1.jpg" alt="IMG-20240930-WA0007-770x470.jpg" srcset="https://strapi.bangalore2.com/uploads/thumbnail_IMG_20240930_WA_0007_770x470_d5062615d1.jpg 245w,https://strapi.bangalore2.com/uploads/small_IMG_20240930_WA_0007_770x470_d5062615d1.jpg 500w,https://strapi.bangalore2.com/uploads/medium_IMG_20240930_WA_0007_770x470_d5062615d1.jpg 750w," sizes="100vw" width="undefined" height="undefined"><div class="post-body clearfix single-blog-header single-blog-inner blog-single-block blog-details-content" style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(85, 85, 85);font-family:Manjari;font-size:17px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;margin:0px;orphans:2;padding:0px;text-align:left;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;"><div class="entry-content clearfix" style="box-sizing:border-box;counter-reset:footnotes 0;margin:0px;padding:0px;">Communication is an art that many struggle with, but few realize it can be learned. Whether you’re talking to a friend, colleague, family member, or stranger, mastering this skill is within reach. Ever struggled to start a conversation or keep it going? Finding common topics of interest can be tricky, and navigating differing social or political views can feel like a minefield. But with the right approach, you can turn any interaction into a meaningful exchange.&nbsp;How do you find the right approach? More importantly, can you learn the required skills?“<a style="background-color:transparent;box-sizing:border-box;color:rgb(255, 53, 36);display:inline-block;margin:0px;padding:0px;transition:0.4s;" target="_blank" rel="noopener noreferrer" href="https://www.charlesduhigg.com/supercommunicators">Supercommunicators</a>,” written by Charles Duhigg, is a book that teaches you to learn the skills to convert a conversation into a connection. It distills the art of conversation, any conversation, including the ones with your friends and family, into actionable steps that you can readily practice and improve.<a style="background-color:transparent;box-sizing:border-box;color:rgb(255, 53, 36);display:inline-block;margin:0px;padding:0px;transition:0.4s;" target="_blank" rel="noopener noreferrer" href="https://www.charlesduhigg.com/">Charles Duhigg</a> is a Pulitzer Prize-winning American journalist and author of bestselling books. I read his first book, “The Power of Habit,” which is a constant presence in many bookstores, and liked it. I read it in 2013, and it convinced me about the importance of habits. Last year, I read his <a style="background-color:transparent;box-sizing:border-box;color:rgb(255, 53, 36);display:inline-block;margin:0px;padding:0px;transition:0.4s;" target="_blank" rel="noopener noreferrer" href="https://www.newyorker.com/magazine/2023/12/11/the-inside-story-of-microsofts-partnership-with-openai">article</a> on the ChatGPT saga and liked it for its reporting breadth and depth.<figure class="wp-caption aligncenter" style="border-width:0px;box-sizing:border-box;clear:both;display:block;height:auto;margin:15px auto;max-width:100%;padding:0px;vertical-align:middle;width:629px;" id="attachment_30055" aria-describedby="caption-attachment-30055"><img src="https://strapi.bangalore2.com/uploads/811bz_Oshn5_L_AC_UF_10001000_QL_80_F_Mwebp_7ad3ac888f.webp" alt="811bzOshn5L._AC_UF10001000_QL80_FMwebp_.webp" srcset="https://strapi.bangalore2.com/uploads/thumbnail_811bz_Oshn5_L_AC_UF_10001000_QL_80_F_Mwebp_7ad3ac888f.webp 98w,https://strapi.bangalore2.com/uploads/small_811bz_Oshn5_L_AC_UF_10001000_QL_80_F_Mwebp_7ad3ac888f.webp 314w,https://strapi.bangalore2.com/uploads/medium_811bz_Oshn5_L_AC_UF_10001000_QL_80_F_Mwebp_7ad3ac888f.webp 472w," sizes="100vw" width="undefined" height="undefined"><figcaption class="wp-caption-text" style="box-sizing:border-box;display:block;font-size:15px;line-height:20px;margin:0px;padding:12px 0px 0px;text-align:center;" id="caption-attachment-30055">Cover of the book ‘Supercommunicators’</figcaption></figure>This book starts by breaking down every conversation into three types: Analytical, Emotional, and Social. Every conversation is essentially one of these three types. In analytical talk, the conversation is a transaction where facts and details matter. In emotional talk, the conversation is all about the feelings. In social talk, the conversation is about an identity. Now, listing the types helps in nothing. You still need to know what to do with this information.Suppose you argued with your father in the morning over a trivial issue. You reach the office and share the incident with your friend. Are you looking for a solution? Do you want to be listened to intently, get advice on who was wrong, or would just a hug do ? Suppose you differed with a colleague about a work issue. Another colleague, a friend, was listening. What do you want to hear from your friend? Advice or silence or just a hug? Suppose you hear about the sudden death of a friend’s loved one. What do you say to your friend? Advice or listen or a hug? As situations differ, so does the conversation, hence the importance of its type.After breaking the communication into its types, Charles goes on to break it into a step-by-step process of turning every conversation into meaningful, often joyful interactions, and in some cases, less stressful ones, even with a person with contrasting views. He uses psychological studies and instances of experts’ communication to establish the rules of effective communication.Stories form the backbone of narration and writing style, making it easy for everyone to understand, relate, and remember the content. Charles has used his recommendation to write the book as the writing oscillates between personal anecdotes, stories, and facts, often combining all three. As you turn the pages, you gradually get convinced about the process.<figure class="wp-caption aligncenter" style="border-width:0px;box-sizing:border-box;clear:both;display:block;height:auto;margin:15px auto;max-width:100%;padding:0px;vertical-align:middle;width:767px;" id="attachment_30056" aria-describedby="caption-attachment-30056"><img src="https://strapi.bangalore2.com/uploads/high_rez_duhigg_headshot_20160720afmduhigg0082_thumb_1536x1536_1_53a5660a0f.jpg" alt="high-rez-duhigg-headshot-20160720afmduhigg0082-thumb-1536x1536-1.jpg" srcset="https://strapi.bangalore2.com/uploads/thumbnail_high_rez_duhigg_headshot_20160720afmduhigg0082_thumb_1536x1536_1_53a5660a0f.jpg 245w,https://strapi.bangalore2.com/uploads/small_high_rez_duhigg_headshot_20160720afmduhigg0082_thumb_1536x1536_1_53a5660a0f.jpg 500w,https://strapi.bangalore2.com/uploads/medium_high_rez_duhigg_headshot_20160720afmduhigg0082_thumb_1536x1536_1_53a5660a0f.jpg 750w," sizes="100vw" width="undefined" height="undefined"><figcaption class="wp-caption-text" style="box-sizing:border-box;display:block;font-size:15px;line-height:20px;margin:0px;padding:12px 0px 0px;text-align:center;" id="caption-attachment-30056">Charles Duhigg</figcaption></figure>If you have read books on personal growth, they tend to follow a pattern. Every chapter makes a proposition supported by academic research or theories, followed by a story that establishes the usefulness of the proposition. Stories of failures are not part of this scheme. This book is no exception to this formula. However, this conformance should not take away the usefulness of this book.A few days after finishing the book, I took a train journey to New Delhi. The train starts at 6 in the morning from Varanasi, requiring me to get up at 4 AM. I always travel with a book, sometimes 2. If it is a mid-noon journey, I prefer reading books to talking to a co-passenger. But, early in the morning, I like a slow warmup to come to my full senses before picking a book. Opening a conversation with a co-passenger who is perhaps also in the same state has always been a nervous affair. But I had read this book, so at least I knew a theory I could test.<img src="https://strapi.bangalore2.com/uploads/images_2024_09_30_T164448_607_ee3a11384b.jpeg" alt="images-2024-09-30T164448.607.jpeg" srcset="https://strapi.bangalore2.com/uploads/thumbnail_images_2024_09_30_T164448_607_ee3a11384b.jpeg 245w,https://strapi.bangalore2.com/uploads/small_images_2024_09_30_T164448_607_ee3a11384b.jpeg 500w,https://strapi.bangalore2.com/uploads/medium_images_2024_09_30_T164448_607_ee3a11384b.jpeg 750w," sizes="100vw" width="undefined" height="undefined">Charles suggests starting a conversation with a question that doesn’t have a 1-word answer. He calls them Deep questions. For example, instead of asking questions like, “Where are you going?” or “Are you from Varanasi?” you may ask, “What do you like about early morning train journeys?”. I started with a similar question. However, a few minutes into the conversation, the person said, “I do not like the Congress party (India’s principal opposition party).”Now, I like the Congress party. Had I not read the book, I would have gone on to list several reasons to prefer the Congress party. I would have given one argument after another, countering his response with facts and figures. I would have transformed myself into an evangelist, on a mission to reform this man and make him fall in love with the Congress party. After a few minutes of conversation, he would have silently waited for me to drain all my energy and stop. We would have withdrawn into our shells for the rest of the journey, talking only to ask for a way to leave the seat. Thankfully, I had read this book, and none of this happened.I instead said, “They give many reasons to people to dislike them.” It opened him up to offer his reasons for this blanket statement, which allowed me to steer the conversation to his upbringing, parents, childhood, values, work, motivations, etc. When I shared about my organization’s work with school children from economically underprivileged families, he shared his wife’s efforts of sheltering orphaned street dogs. We agreed on several issues, including the complete failure of the current central government, despite opposing political preferences. Neither did I contradict his personal experiences, nor did he contradict mine. Moreover, we agreed that our experiences shape our views, which are bound to change if we remain open.<img src="https://strapi.bangalore2.com/uploads/images_2024_09_30_T164615_165_ec71a30e5a.jpeg" alt="images-2024-09-30T164615.165.jpeg" srcset="https://strapi.bangalore2.com/uploads/thumbnail_images_2024_09_30_T164615_165_ec71a30e5a.jpeg 245w,https://strapi.bangalore2.com/uploads/small_images_2024_09_30_T164615_165_ec71a30e5a.jpeg 500w," sizes="100vw" width="undefined" height="undefined">“Supercommunicators” book taught me to treat every conversation as a learning opportunity. It taught me not to approach a conversation as a right vs wrong battle but to connect by sharing stories and anecdotes more than the facts. Ultimately, you can convince a person more by listening than by speaking. In a world getting more polarised, we all need to learn to talk to each other and listen better. Thankfully, we have this book.</div></div>

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Navigating Difficult Dialogues: How 'Supercommunicators' Can Help in a Polarised World"

<img src="https://strapi.bangalore2.com/uploads/images_34_770x393_796d24e9a6.jpeg" alt="images-34-770x393.jpeg" srcset="https://strapi.bangalore2.com/uploads/thumbnail_images_34_770x393_796d24e9a6.jpeg 245w,https://strapi.bangalore2.com/uploads/small_images_34_770x393_796d24e9a6.jpeg 500w,https://strapi.bangalore2.com/uploads/medium_images_34_770x393_796d24e9a6.jpeg 750w," sizes="100vw" width="undefined" height="undefined"><div class="post-body clearfix single-blog-header single-blog-inner blog-single-block blog-details-content" style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(85, 85, 85);font-family:Manjari;font-size:17px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;margin:0px;orphans:2;padding:0px;text-align:left;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;"><div class="entry-content clearfix" style="box-sizing:border-box;counter-reset:footnotes 0;margin:0px;padding:0px;">Prolific documentary filmmaker R.P Amudhan’s body of work is unique and striking, especially in the manner in which his creations address issues and concerns of the marginalised sections of society. He is known as a media activist too. Hailing from Madurai, in Tamil Nadu, he founded the Marupakkam Media Activist Group (MMAG) in in his home district. The MMAG produces documentaries, screens films, and conducts workshops. He has over 20 documentaries to his credit. His films primarily focus on caste and labour issues. In this Interview with poet and writer Rashida Nasriya, filmmaker Amudhan RP discusses his craft, concerns and challenges.&nbsp;Rashidha Nasriya: What do you consider as the most significant challenge you have faced during the making of your documentaries?Amudhan RP: The biggest challenges I have faced in documenting the kind of social issues I have chosen to film are threefold. First, identifying a crucial topic which requires in-depth understanding and sufficient data to substantiate the narrative. Once I have a clear understanding of the topic, I would conduct thorough research and convince people, that is the characters in my film and their kith and kin. This has been my approach from my very first film, Leelavathi, a documentary on a Communist Party of India (Marxist) – CPIM- cadre killed in Madurai in 1997. I was relatively young at that time and the task of persuading her family and the district CPIM committee took a lot of effort. I finally did get their consent. It was a difficult task to get their trust.The second challenge – although a joyful one – is researching and gathering credible information, while the third is securing funding. As a solo filmmaker, I have learned to be self-sufficient. But still finding funds is a challenge. Any filmmaker would go through these challenges in varying degrees.<img src="https://strapi.bangalore2.com/uploads/images_35_721e230496.jpeg" alt="images-35.jpeg" srcset="https://strapi.bangalore2.com/uploads/thumbnail_images_35_721e230496.jpeg 208w,https://strapi.bangalore2.com/uploads/small_images_35_721e230496.jpeg 500w," sizes="100vw" width="undefined" height="undefined">Nasriya: Did your activist background influence your decision to become a filmmaker?Amudhan: During my MA studies, I attended a workshop in Madurai organised by Center for Development of Instructional Technology (CENDIT), an organisation based in New Delhi. Here, I was exposed to several powerful documentary films. This experience opened my eyes to the significance of political documentaries. I was introduced to the concept of using film as a tool for social change, and I immediately knew I wanted to become a documentary filmmaker and an activist. This workshop sparked my passion for creating and screening films that inspire critical thinking and trigger meaningful conversations. It was a turning point that led me to merge my interests in social activism and filmmaking, ultimately shaping my identity as an activist-filmmaker. Activism and filmmaking are deeply intertwined for me – they’re two sides of the same coin. My filmmaking is an extension of my activism, and vice versa; the two are inseparable.Nasriya: Your film “My Caste” examines the intersection of caste, hegemony, and consensus in Indian society. What has driven your focus on caste in your activism and filmmaking?Amudhan: I wanted to take on the Caste issue from the perpetuator point of view rather than from the victim’s or survivor’s point of view. I wanted to get into the minds of the people who either follow or negotiate or negate caste in their lives. I wanted to know what happens in people’s minds when they deal with caste matters. That’s why I made the film ‘My Caste’ ‘recording the views of various people on caste related questions.<figure class="wp-caption aligncenter" style="border-width:0px;box-sizing:border-box;clear:both;display:block;height:auto;margin:15px auto;max-width:100%;padding:0px;vertical-align:middle;width:951px;" id="attachment_30033" aria-describedby="caption-attachment-30033"><img src="https://strapi.bangalore2.com/uploads/IMG_20240927_WA_0021_d0a7a9b78c.jpg" alt="IMG-20240927-WA0021.jpg" srcset="https://strapi.bangalore2.com/uploads/thumbnail_IMG_20240927_WA_0021_d0a7a9b78c.jpg 154w,https://strapi.bangalore2.com/uploads/small_IMG_20240927_WA_0021_d0a7a9b78c.jpg 495w,https://strapi.bangalore2.com/uploads/medium_IMG_20240927_WA_0021_d0a7a9b78c.jpg 743w," sizes="100vw" width="undefined" height="undefined"><figcaption class="wp-caption-text" style="box-sizing:border-box;display:block;font-size:15px;line-height:20px;margin:0px;padding:12px 0px 0px;text-align:center;" id="caption-attachment-30033">Amudhan speaking at an event</figcaption></figure>Nasriya: Can you give some details on how you investigated labour exploitation in Tirupur’s garment industry for your documentary “Dollar City”?Amudhan: Many of my films focus on labour issues, with a considerable number exploring labour practices. For my trilogy on hegemony and consensus, I chose Tirupur as a case study. This city exemplifies how consensus is manufactured to prioritise the industry’s interests.In Tiruppur, a tacit understanding exists among industries, trade unions, workers, NGOs, and political parties to protect the industry at all costs. The prevailing narrative is: ‘Without the industry, we cannot survive.’ This consensus leads to widespread compromise and adjustment, perpetuating the exploitation.<figure class="wp-caption aligncenter" style="border-width:0px;box-sizing:border-box;clear:both;display:block;height:auto;margin:15px auto;max-width:100%;padding:0px;vertical-align:middle;width:739px;" id="attachment_30028" aria-describedby="caption-attachment-30028"><img src="https://strapi.bangalore2.com/uploads/images_36_2e37ef3154.jpeg" alt="images-36.jpeg" srcset="https://strapi.bangalore2.com/uploads/thumbnail_images_36_2e37ef3154.jpeg 245w,https://strapi.bangalore2.com/uploads/small_images_36_2e37ef3154.jpeg 500w," sizes="100vw" width="undefined" height="undefined"><figcaption class="wp-caption-text" style="box-sizing:border-box;display:block;font-size:15px;line-height:20px;margin:0px;padding:12px 0px 0px;text-align:center;" id="caption-attachment-30028">During production of Amudhan’s documentary</figcaption></figure>I want to capture this complex dynamic in my film, highlighting how Tiruppur’s industry-centric consensus affects labor rights and social justice.&nbsp;Nasriya: How did you approach exploring the complex and sensitive topic of manual scavenging in your film “Pee (Shit)”?Amudhan: I wanted to make a Tamil version of Lesser Humans – a documentary on Manual Scavenging in Gujarat by Stalin K. Although I wanted to make a similar comprehensive film about Tamilnadu, my encounter with Mariamma, a sanitary worker in Madurai convinced me to make a short documentary which practically covers every aspect of the work.I realised a shorter format could powerfully convey the urgency of this issue, making a compelling argument against manual scavenging. This inspired me to create the film titled ‘Pee’ (Shit) [Watch Below], highlighting the harsh realities of manual scavenging.<div class="raw-html-embed"><iframe width="640" height="480" src="https://www.youtube.com/embed/a0eWOHAvVn4" title="Shit - a documentary by Amudhan R.P." frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen=""></iframe></div>&nbsp;Nasriya: What inspired you to create a documentary about Mercury pollution in Kodaikanal?Amudhan: The film ‘Mercury in the Mist’ was initiated by workers from the Kodaikanal thermometer factory, who had been fighting against the company’s harmful practices. They sought my help to create a documentary supporting their cause, highlighting the devastating health effects of mercury exposure and their ongoing court battles. It was partially funded by the workers and their well wishers like Nityanand Jayaraman and others.&nbsp;Nasriya: Do you think the documentary can contribute to the border understanding of the challenges facing Indian democracy?Amudhan: Documentary watching is, in my opinion, one of the most engaging and intellectually stimulating activities. It offers a unique blend of education, art, and social awareness, empowering individuals to become responsible citizens. By watching documentaries, we gain perspectives on the world around us, exercising our right to informed decision-making and participatory governance. Through my screenings, I aim to create opportunities for social and political education, fostering a culture of critical thinking and civic engagement. Documentaries provide a valuable platform for raising awareness on critical issues, making meaningful conversations and inspiring social change.&nbsp;Nasriya: How crucial is creative freedom in documentary filmmaking for fostering critical thinking and public debate?Amudhan: In documentary filmmaking, merely reporting or recording is not enough. It is an opportunity to critically examine any subject, sparking meaningful discussions. We must be courageous enough to ask difficult questions, amplify marginalized voices and confront uncomfortable truthsUnlike commercial cinema, documentary filmmakers must take risks, challenging the status quo and pushing boundaries. By doing so, we humanize overlooked stories, Inspire critical thinking and foster empathy and understanding.&nbsp;Nasriya: How did your initiative “Marupakkam” come about…?Amudhan: Marupakkam is a network of people collaborating to promote documentary filmmaking and social change. We invite participation from individuals across India in various capacities, including funding, research, topic development, filmmaking, screening, and documentary workshops.&nbsp;<figure class="wp-caption alignright" style="border-width:0px;box-sizing:border-box;display:inline;float:right;height:auto;margin:5px 0px 20px 20px;max-width:100%;padding:0px;vertical-align:middle;width:1080px;" id="attachment_30029" aria-describedby="caption-attachment-30029"><img src="https://strapi.bangalore2.com/uploads/Screenshot_20240927_1713542_bec309fa73.png" alt="Screenshot_20240927-1713542.png" srcset="https://strapi.bangalore2.com/uploads/thumbnail_Screenshot_20240927_1713542_bec309fa73.png 245w,https://strapi.bangalore2.com/uploads/small_Screenshot_20240927_1713542_bec309fa73.png 500w,https://strapi.bangalore2.com/uploads/medium_Screenshot_20240927_1713542_bec309fa73.png 750w,https://strapi.bangalore2.com/uploads/large_Screenshot_20240927_1713542_bec309fa73.png 1000w," sizes="100vw" width="undefined" height="undefined"><figcaption class="wp-caption-text" style="box-sizing:border-box;display:block;font-size:15px;line-height:20px;margin:0px;padding:12px 0px 0px;text-align:center;" id="caption-attachment-30029">Homepage of Marupakkam [Visit <a style="background-color:transparent;box-sizing:border-box;color:rgb(255, 53, 36);display:inline-block;margin:0px;padding:0px;transition:0.4s;" target="_blank" rel="noopener noreferrer" href="http://marupakkammadurai.blogspot.com/?m=1">Here</a>]</figcaption></figure>Our activities involve screening documentaries, researching social issues, making films on relevant topics, teaching documentary filmmaking, and showcasing films made by others. Through these efforts, we aim to foster a community that inspires social change through documentary filmmaking.&nbsp;&nbsp;Nasriya: As a prolific documentary creator what advice would you give to emerging filmmakers?Amudhan: To young and upcoming filmmakers, I say: read widely, travel extensively, and cultivate an open-minded perspective. Listen to diverse voices, even in everyday settings like markets, where numerous perspectives converge. If you don’t have an open mind, you will only hear the voices that confirm your existing views. But with an open mind, you will identify and appreciate the varied voices, even within the same marketplace.</div></div>

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Amudhan’s Craft, Concerns and Challenges

<p style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(39, 39, 39);font-family:Manjari;font-size:18px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;line-height:1.7;margin:0px 0px 15px;orphans:2;padding:0px;text-align:left;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">The victory of Marxist leader Anura Kumara Dissanayake in Presidential election in Sri Lanka has been described as a political Tsunami by international politicians and observers. Sri Lanka based Independent policy analyst and writer Amita Arudpragasam analyses the context of the results in detail and points out that it was the economic mismanagement and corruption of earlier, dynasty oriented, regimes as well as Anura’s clean image that propelled significant sections of voters towards the Leftist JVP leader.<p style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(39, 39, 39);font-family:Manjari;font-size:18px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;line-height:1.7;margin:0px 0px 15px;orphans:2;padding:0px;text-align:left;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">She also points out that while the victory does indeed signify the emergence of new hopes in the country, it would be too early to predict dramatic policy and ideological shifts, including in the island nation’s orientation towards India and China. Watch the interview here.<hr><p style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(39, 39, 39);font-family:Manjari;font-size:18px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;line-height:1.7;margin:0px 0px 15px;orphans:2;padding:0px;text-align:left;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">ഈ വിഷയത്തിൽ പരിസ്ഥിതി പ്രവർത്തകനും എഴുത്തുകാരനുമായ കെ സഹദേവൻ എഴുതിയ കുറിപ്പ് ചുവടെ നൽകുന്നു:<h2 style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(39, 39, 39);font-family:Manjari;font-size:25px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;letter-spacing:normal;line-height:1.2;margin:0px 0px 15px;orphans:2;padding:0px;text-align:left;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">അദാനിയും ശ്രീലങ്കയിലെയും ബംഗ്ലാദേശിലേയും ഭരണ വ്യവസ്ഥയിലെ വമ്പൻ മാറ്റങ്ങളും</h2><p style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(39, 39, 39);font-family:Manjari;font-size:18px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;line-height:1.7;margin:0px 0px 15px;orphans:2;padding:0px;text-align:left;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">ശ്രീലങ്കയിലെയും ബംഗ്ലാദേശിലെയും എന്തിന് ഓസ്‌ട്രേലിയയിലെപ്പോലും രാഷ്ട്രീയ ഭരണമാറ്റത്തിന് പിന്നിലെ പൊതുഘടകത്തെ കണ്ടെത്താൻ ശ്രമിച്ചാൽ ഗൗതം അദാനിയിൽ ചെന്ന് മുട്ടും. ഉഭയകക്ഷി ബന്ധങ്ങളെ വ്യവസായി താൽപ്പര്യങ്ങൾക്കായി ഉപയോഗപ്പെടുത്താൻ ഭരണകൂടങ്ങൾ തുനിഞ്ഞിറങ്ങിയാൽ അതിന്റെ അനിവാര്യഫലമെന്നത് ആ രാജ്യത്തിന്റെ സാമ്പത്തിക സുസ്ഥിരത തകർക്കപ്പെടുക എന്നതായിരിക്കും.<p style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(39, 39, 39);font-family:Manjari;font-size:18px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;line-height:1.7;margin:0px 0px 15px;orphans:2;padding:0px;text-align:left;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">ബംഗ്ലാദേശിന് വൈദ്യുതി വിൽക്കുന്നതുമായി ബന്ധപ്പെട്ട കരാർ അദാനിക്ക് ലഭ്യമാക്കുന്നതിന് ബീഗം ഹസീനയ്ക്ക് മേൽ സമ്മർദ്ദമുയർത്താൻ നരേന്ദ്ര മോദിക്ക് യാതൊരു മടിയുമുണ്ടായിരുന്നില്ല. 2015ലെ മോദിയുടെ ബംഗ്ലാദേശ് സന്ദർശനത്തിന്റെ മുഖ്യ അജണ്ടതന്നെ അദാനിക്ക് വൈദ്യുതി വിതരണക്കരാർ നേടിയെടുക്കുക എന്നതായിരുന്നു.<p style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(39, 39, 39);font-family:Manjari;font-size:18px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;line-height:1.7;margin:0px 0px 15px;orphans:2;padding:0px;text-align:left;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">ഇന്ന് ബംഗ്ലാദേശ് ഭരണകൂടത്തിന്റെ മുന്നിലുള്ള പ്രധാന അജണ്ട അദാനിയുമായുള്ള കരാറിൽ നിന്ന് എങ്ങിനെ രക്ഷപ്പെടാം എന്നതാണ്. ശ്രീലങ്കയിൽ 400 മില്യൺ ഡോളറിന്റെ ഗ്രീൻ എനർജി പ്രോജക്ടുകളാണ് അദാനി നേടിയെടുത്തത്. 225 മെഗാവാട്ടിന്റെ കാറ്റാടിപ്പാട നിർമ്മാണ പദ്ധതി നേടിയെടുക്കുന്നതിനും നയതന്ത്ര ബന്ധങ്ങൾ ഉപയോഗപ്പെടുത്തപ്പെട്ടു.<p style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(39, 39, 39);font-family:Manjari;font-size:18px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;line-height:1.7;margin:0px 0px 15px;orphans:2;padding:0px;text-align:left;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">ഇതിനുപുറമെ 700 ദശലക്ഷം ഡോളറിന്റെ കണ്ടൈയ്‌നർ തുറമുഖ പദ്ധതിയും നേടിയെടുക്കാൻ അദാനിക്ക് സാധിച്ചു. ഈ രണ്ട് പദ്ധതികളും ശ്രീലങ്കയുടെ ദീർഘകാല താൽപ്പര്യങ്ങൾക്ക് വിരുദ്ധമാണെന്ന ആരോപണം പാർലമെന്റിലും പുറത്തും ശക്തമായി ഉന്നയിക്കപ്പെട്ടുകൊണ്ടിരിക്കുകയാണ്.<p style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(39, 39, 39);font-family:Manjari;font-size:18px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;line-height:1.7;margin:0px 0px 15px;orphans:2;padding:0px;text-align:left;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">ഓസ്‌ട്രേലിയയിൽ അദാനി നേടിയെടുത്ത കാർമൈക്കൾ കൽക്കരി ഖനന കരാറും ഇതേരീതിയിൽ അതിശക്തമായ രാഷ്ട്രീയ എതിർപ്പ് ക്ഷണിച്ചുവരുത്തിയ ഒന്നാണ്. ഒരു ദശകക്കാലത്തെ കൺസർവേറ്റീവ് ഭരണത്തിന് അറുതിവരുത്തിക്കൊണ്ട് ലെഫ്റ്റ് ചായ്വുള്ള ആന്റണി അൽബനീസ് ഗവൺമെന്റ് അധികാരക്കസേരയിലെത്തിയതിന് പിന്നിലും ഗൗതം അദാനിക്കെതിരായ പ്രതിഷേധത്തിന്റെ വേരുകൾ കണ്ടെത്താൻ കഴിയും…

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