Newsweek International

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Newsweek International

The Archives

Acing It

The Risks of Arming Ukraine • As the U.S. spends billions on military aid, watchdogs warn of waste, corruption and abuse and call for more oversight

Talking Points

Al Ahli Bank of KuwaitHitting new heights in Kuwait, Egypt, and UAE • Kuwait, the world’s largest per-capita crude oil producer, is set to experience a strong 2022, aided by high global demand for oil and gas. In fact, Kuwait’s economy is likely to see its best performance in a decade in 2022, with economic growth of about 8% predicted for the gulf country, according to S&P Global Ratings, followed by growth of 5.5% in 2023.

THE BATTLE OVER BIG DATA • CHINA IS AGGRESSIVELY TRYING TO CONTROL MUCH OF THE WORLD’S DATA. HOW PRESIDENT BIDEN RESPONDS WILL HAVE BROAD IMPLICATIONS FOR THE ECONOMY AND PRIVACY

The End of an Era? • Companies are pushing for a post-pandemic return to the office. But it may not be possible to put the remote-work genie back in the bottle

Lessons from the Great Rethink • ‘People don’t stay where they don’t feel valued’ and other key takeaways from the workplace shifts of the past few years

India - Innovate in India, Make for the World • Huge domestic demand, resurgent consumer confidence, strong government investment, and exports performing “exceptionally well” “will ensure that India reigns as the world’s fastest-growing economy over the next few years, driving world growth”, according to a recent paper by global professional services company Deloitte. Deloitte expects the economy to expand by more than 7% in the current fiscal year, and more than 6% in the next – a strong performance given global headwinds. As the company notes, Indian businesses “have seen a steady net profit-to-sales growth over the past year and are sitting on piles of cash”, positioning them well for investment.

Wadia Group A caring business that has helped India to grow for almost 300 years • India is set to be the world’s fastest growing major economy for a second year in a row in 2022, likely growing at almost double the speed of China; 8.2% this year compared to 4.4% for China, according to the International Monetary Fund (IMF). This will be a boon for businesses operating in India, with vast sections of the economy set to rapidly expand to meet domestic demand.

Zydus Lifesciences An Indian innovation-driven lifesciences company taking on the world • With a population of almost 1.4 billion, the second largest in the world, India is a land of opportunities for entrepreneurs and businesses with the right ambitions. According to the government, the Indian economy expanded by 8.7% in 2021, to reach $3.3 trillion, and in May 2022 exports hit $37.3 billion, their highest-ever level, up 15.5% year on year.

Intas PharmaceuticalsGrowth Through Partnership and Innovation • Underlining India’s “strong economic fundamentals”, increased resilience, and strong financial institutions, global professional services firm Deloitte said that its “positive scenario” would see investors focus on fundamentals and potential. Strong export growth has powered growth in recent months, even as geopolitical tensions and higher inflation have tempered the global economy.

IDFC FIRST BankSupporting India’s Aspirations • Seen for more than two decades as one of the world’s most important emerging markets, India is reasserting its strengths on the global economic stage. Identified as one of the “BRICs” by Goldman Sachs executive James O’Neill, the country now ranks as the fifth largest economy in the world, and the second largest emerging market. India will overtake Japan to...