Replacing Aid with Trade
Swaminarayan Akshardham Temple, Delfi
Modern India, boasting its own space programme spends 70 billion pounds annually in fighting poverty and no longer needs British aid. Earlier this year, finance minister Mukherjee described Britain’s eight year, 1.6 billion pounds programme as ‘a peanut’. This peanut is hard to for India to swallow and the UK is working on plans to wind down aid from the International Development Agency. Some of the 650 million pounds due to be spent over the next thirty months will be saved as Britain replaces aid with trade. It is widely thought that the UK government should not be providing millions in aid to booming countries such as Brazil, India and China.
You may have an interest in also reading…
Workers are Shunning Companies That Fail to Address Climate Issues
Concern about climate change has become so extreme that some people feel unable to perform at work because of “eco-anxiety”.
Technology Giants and the Emerging Disruptors: Asia Pacific’s Powerhouse
The region is now regarded as the global epicentre of innovation. The Asia Pacific region, home to both established tech
UAE’s COP28 Gathering Scores Some Initial Successes
White hydrogen and AI to the rescue…? Wim Romeijn reports. Beneath our feet, the Earth manufactures — and hides —
