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Western rival to Belt and Road has much to prove

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Western rival to Belt and Road has much to prove

LONDON, Sept 25 (Reuters Breakingviews) – Western countries have a window of opportunity to come up with a credible infrastructure plan for the developing world. China’s $1 trillion Belt and Road Initiative is drowning in bad debts and may be about to lose Italy, the only big rich democracy which is a member. The People’s … Read more

Domino effect: India rice export ban puts market on edge for copycat curbs

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Domino effect: India rice export ban puts market on edge for copycat curbs

India’s rice export ban leaves 10 mln T of world supply gap Rival rice suppliers could raise exports by 3 mln T Other producers may limit exports as local prices rally Tighter global supplies to heighten food inflation worries MUMBAI, Aug 11 (Reuters) – India’s rice export ban has the world market bracing for similar … Read more