This year’s laureates in the economic sciences – Daron Acemoglu, Simon Johnson and James Robinson – have demonstrated the importance of societal institutions for a country’s prosperity. Societies with a poor rule of law and institutions that exploit the population do not generate growth or change for the better. The laureates’ research helps us understand why.
Category: Global
Four Israeli soldiers killed in Hezbollah drone attack in military base
“Yesterday, a UAV launched by the Hezbollah terrorist organization hit an army base. 4 IDF soldiers were killed in the incident. The IDF shares in the grief of the bereaved families and will continue to accompany them. We ask to refrain from spreading rumours and the names of injured individuals, and to respect the families,” the IDF said in an X post.
Iran warns US’s oil-rich Gulf allies against helping Israel: Report
Threatening with severe retaliation, Iran has warned its Arab neighbours and U.S. allies in the Gulf against use of their territories or airspace to assist Israel in any potential strikes against Iran, according to The Wall Street Journal. The warning, conveyed through secret diplomatic channels, was directed at oil-rich nations like Saudi Arabia, the United […]
US presidential elections: AR Rahman records music in support of Kamala Harris campaign
The 30-minute show will feature some of AR Rahman’s most beloved songs, interspersed with messages highlighting Kamala Harris’s historic candidacy and commitment to the AAPI (Asian American and Pacific Islander) community, a media release said.
Crisis in Middle East: Israeli forces fire on UN peacekeepers in Lebanon, claims UNIFIL
Israeli forces fire on UN peacekeepers in Lebanon
PM Modi departs for Lao PDR, says East Asia summits an opportunity to further deepen engagement with ASEAN countries
Modi said India shared close cultural and civilisation ties with the region, including with Lao People’s Democratic Republic (PDR), who are enriched by a shared heritage of Buddhism and Ramayana.
U.S. scientists David Baker and John Jumper and Britain’s Demis Hassabis win Nobel Prize in Chemistry
Nobel Prize in Chemistry is won by three scientists
Israel PM Benjamin Netanyahu claims new Hezbollah leader Hashem Safieddine eliminated
Hezbollah leader Hashem Safieddine
Fears grow that Lebanon may become another Gaza, alerts UN humanitarians
Fears grow that Lebanon may become another Gaza
Geoffrey Hinton and John Hopfield win Nobel Prize in Physics for contributions to machine learning
Geoffrey Hinton and John Hopfield win Nobel Prize in Physics
