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The Exodus of Finance from the Third World -Prabhat Patnaik

-Newsclick.in This unwillingness of finance to stay in, or move to, the Third World, is impairing the ability of several countries to pay for their imports and to service their external debt. There is an exodus of finance from the Third World at present, far exceeding in scale what had occurred in 2008 after the financial crisis. Even more important than the actual outflow is the desire on the part of finance...

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Panic Buying In Tamil Nadu Ahead Of "Intense Lockdown" In 5 Major Cities -J Sam Daniel Stalin

-NDTV COVID-19 lockdown: Tamil Nadu has reported over 1,800 coronavirus cases and 22 deaths so far with 452 cases in state capital Chennai, 141 in Coimbatore, 110 in Tirupur, 56 in Madurai 56 and 30 in Salem Chennai: Vegetable shops and grocery stores in Tamil Nadu will remain open till 3 pm, Chief Minister Edappadi K Palaniswami said this morning after panic buying of essential goods was witnessed in major cities ahead...

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Phasing out India's Lockdown Is Essential, but With More Nuance Than What's Been Done So Far -Prem Shankar Jha

-TheWire.in A market economy is not an automobile that can stop and restart at the touch of a button. When Prime Minister Narendra Modi announced a total lockdown of the country to fight COVID-19, he did it perhaps with one idea in his mind. The spread of the virus had to be stopped first, no matter what it cost the economy. A trade-off between saving lives and saving incomes was unavoidable and...

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The COVID-19 paradox in South Asia -Deepak Nayyar

-The Hindu It is surprising that South Asia has far fewer infections and deaths compared with North America and Western Europe The oldest and largest democracies in the world are often compared. This time is different. The first person tested positive for COVID-19 on January 21 in the United States and on January 30 in India. Roughly three months later, on April 20, the total number of infections was 7,23,605 in the...

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COVID-19: Distress calls from migrants reveal India’s digital divide -Kundan Pandey

-Down to Earth Communication between migrant workers, their family members has come to a standstill April 14 usually marks the traditional new year for many communities in India. This year, amid muted celebrations, the Union government launched a system to connect thousands of schools online. This when thousands of migrant workers didn’t have enough money to talk on their phones. Welcome to India’s digital divide — the new, improved post-COVID-19 lockdown version. Amid talks...

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