When Indian Prime Minister Narendra Modi invited US President Barack Obama to attend his country’s Republic Day ceremonies earlier this year, it signaled an important change in relations between the world’s two biggest democracies. 923 more words
Tags » Developing Nations
Following 15 years of hype, a new conventional wisdom has taken hold: emerging markets are in deep trouble.
Many analysts had extrapolated rapid growth in countries such as Brazil, Russia, Turkey, and India into the indefinite future, calling them the new engines of the world economy. 1,006 more words