Konstantin Sonin, a prominent University of Chicago economist, has issued a dire warning about the future of Russia’s economy. He argues that the ongoing conflict in Ukraine is pushing Russia toward a major economic crisis, with far-reaching consequences for both the present and future generations.
Results for: Crisis
The ongoing war in Ukraine has severely impacted the education of millions of children, with over 600,000 unable to access in-person learning due to violence and displacement. Education Cannot Wait (ECW) calls for increased global funding to protect education from attacks and provide quality learning opportunities for all affected children.
A new report reveals a concerning rise in student suicides in India, with Maharashtra leading the alarming trend. Despite a slight decrease in the total number of cases, the suicide rate among students has been growing at twice the pace of the overall suicide rate over the past two years. The report identifies key risk factors such as academic pressure, forced career choices, and lack of support from educational institutions, highlighting the urgent need for comprehensive measures to address this crisis.
The recent unrest in Bangladesh has left thousands of Indian students stranded, facing an uncertain future for their education. The crisis highlights the challenges of affordability and limited opportunities in India’s medical education system, driving students to seek alternatives abroad. As violence continues, many are forced to choose between returning home and risking their academic progress or remaining in Bangladesh and facing potential danger and disruption.
Amidst a severe economic crisis, Pakistan faces a unique situation: a booming donkey population and a rat infestation in the Parliament House. While the country struggles with inflation, hunger, and terrorism, the government has allocated funds to deploy hunting cats to control the rodent problem.
Bangladesh is facing an unprecedented crisis following Prime Minister Sheikh Hasina’s resignation and flight from the country amid widespread protests. The situation has led to concerns about foreign involvement, with experts and diplomats raising alarms. The US has called for respect for democratic principles in Bangladesh, while Nepal has heightened security measures along its border. The Supreme Court Bar Association of Bangladesh has urged India to arrest and return Hasina.
Indian exporters are expressing concerns over the political crisis in Bangladesh, citing disruptions in bilateral trade due to the country’s economic challenges. While hoping for a swift normalization of the situation, exporters acknowledge potential long-term implications for trade between the two nations, particularly with regards to payments, border closures, and supply chain disruptions.