A Blog by Sukhveer Singh, 22 January, 2023 Free will is a concept that has been debated by philosophers, scientists, and theologians for centuries. At its core, free will is the belief that individuals have the ability to make choices and decisions independently of external influences or predetermined outcomes. In contrast, determinism is the idea …
(Sukhveer Singh, an IAS officer of 1997 batch) Inflation has increased due to disruption in the supply of commodities, rising crude oil rates, and cheap loans. European countries are experiencing annual price rises in double-digits. At the same time, many emerging nations such as Argentina, Brazil, Turkey, Shri Lanka, and many more have a high …
(Sukhveer Singh, an IAS officer of 1997 batch) In the Covid-19 and the Russo-Ukraine war scenario, the people of the lower strata have been affected the most. The income of multinational companies is enormous. Even the UK government has imposed a ‘windfall tax’ on some companies. In the last two years, more than 31 lakh …
(by Sukhveer Singh, an IAS officer, 1st June, 2022) Global stock markets are trading down 20-30 percent in concern about the economic slowdown. The cost of living has gone up. Food inflation has made life difficult for the poor. The Russo-Ukraine War and the supply chain disruption caused by Covid-19 have challenged the globalisation process. …
(Written by Sukhveer Singh, an IAS of 1997 batch, Madhya Pradesh Cadre) These days many countries are facing an economic crisis. Sri Lankan economy is one of them where the prospects of civil war are building up, and the economy is crumbling day by day. The island nation of Sri Lanka is facing a shortage …
(by Sukhveer Singh, an IAS officer, 27th April, 2022) Fed’s response to inflationary concerns: On April 21, 2022, Fed chair Powell said, “a half-point interest rate increase ‘will be on the table’ when the Federal Reserve meets on May 3-4 to approve the next in what is expected to be a series of rate increases …
(by Sukhveer Singh, an IAS officer, 25th March, 2022) In philosophy, the overall consequences of any event or action mean everything the action brings, including the act itself. The ‘action’ could produce long-term and short-term outcomes. The intensity and longevity of effects may depend upon the action, the context, and future conditions. However, the ‘present …
In 1947-1949, a series of events caused the Western European countries to become concerned about their political and physical securities. Consequently, the North Atlantic Treaty Organization (NATO) was established, as a bulwark against the Soviet forces, comprising the US and 11 other countries, including the UK, France, Canada, Belgium, Italy, and others, in 1949. To …
There is a lot of global upheaval about the anticipation of the rate hike by the US Fed due to spiral inflationary worries. However, in the last two years, most of the inflation is not on account of the excessive money supply – which remains in the economy because of dovish monetary stance and undue …