Recent Posts

Canon’s Budget f/2.8 Zoom, M4/3 Sales

As I write this opening paragraph, I’m sitting on a train, looking out at the flooded landscape around the tracks. Just a few dozen kilometers further north, floodwater is rushing through the towns and villages. Streets have become raging rivers, houses have become islands. How helpless and vulnerable we humans are when we try to resist the force of a …

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India can achieve sustainable growth of up to 8%, RBI chief says

Laborers work at a coastal road project construction site in Mumbai on January 12, 2022. Punit Paranjpe | Afp | Getty Images India can achieve sustainable economic growth of up to 8% over the medium term, according to the country’s central bank governor. His comments come shortly after data showed India’s gross domestic product slowed to 6.7% in the second …

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China’s local government debt problems are a hidden drag on economic growth

Local governments in China are still building highways, bridges and railways, as pictured here in Jiangxi province on Sept. 6, 2024. Cfoto | Future Publishing | Getty Images BEIJING — China’s persistent consumption slowdown traces back to the country’s real estate slump, and its deep ties to local government finances — and debt. The bulk of Chinese household wealth went …

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