Day: April 11, 2022

Britain's finance minister Rishi Sunak said on Sunday he had asked Prime Minister Boris Johnson for a review to determine whether he had stuck to the rules on ministerial declarations following criticism over his family's financial arrangements. Sunak said he had written to the prime minister asking him to refer Sunak's ministerial declarations to Christopher Geidt, the independent adviser on ministers' interests. I have always followed the rules and I hope such a review will provide further clarity, Sunak said on Twitter. Sunak has endured a torrid week in which a substantial increase in taxes came into effect as the tax arrangements of his family also came under scrutiny, and the Sunday Times reported he considered resigning. His wife, Akshata Murty, owns about 0.9% of Indian IT gia...

Milestones are not always the key moment of change, but the point at which history says it can no longer be ignored. February 24 was the date Russia invaded Ukraine. It will also mark the point at which the world undeniably split into blocks. Whatever the outcome of Vladimir Putin’s war, geopolitics is now divided between the west and a Chinese-Russian Eurasia. Most of the rest, including India, the world’s largest swing state, are in between. In a calmer world, the opposing blocks would settle into a cold war-type coexistence. Such stability could take time to emerge. The short term would still be fraught with uncertainty. The questions now being asked are pertinent to a big shift. Are we returning to a nuclear age? Is globalisation going into reverse? Is climate change co-operation ...