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ECONOMIC DEVASTATION
Lesson of the day from failure: When Ray Dalio went broke and had to borrow $4000 - 'You might think your life is ruined, but there is always a path forward, though you might not see it immediately.’Billionaire investor Ray Dalio faced a devastating financial ruin in 1982 after a failed prediction of an economic depression. This colossa...- Ample world inventories may soften El Nino food supply shockA potential super El Niño is expected to disrupt global weather patterns and threaten agricultural output in the coming months, but large e...
- US-Iran deal redraws the Middle East: Tehran gains, rivals alarmedA landmark U.S.-Iran interim deal, signed by Presidents Trump and Pezeshkian, ends a three-month war and extends a ceasefire. While hailed ...
- Warren Buffett on why bubbles end badly – even when everyone knows they willWarren Buffett compared bubble investors to Cinderella at the ball: Everyone plans to leave just before midnight, but they are dancing in a...
- Quote of the day by A Farewell To Arms author Ernest Hemingway: 'The world breaks everyone, and afterward..' ; lesson on how to learn from setbacks from American literary iconLife brings pain and loss. These difficult experiences can devastate individuals. However, many emerge stronger from hardship. Ernest Hemin...
- Warren Buffett on stock market: Fools give you reasons, wise men never tryWarren Buffett gave himself a D in capital allocation – his worst grade ever. But the confession came along with a warning that would prove...
- Higher prices for gas, groceries and flights will outlast the Iran war, experts sayA tentative deal to end the Iran war offers hope but immediate price drops for consumers are unlikely. Experts suggest it will take time fo...
- When environmental rules stall housing, not pollutionIndia's environmental clearance process often delays urban housing projects, raising costs and slowing jobs without improving protection. A...
- Indian Envoy Vinay Kwatra meets US corporate and tech leaders to boost AI and supply chain tiesIndia's Ambassador to the US, Vinay Mohan Kwatra, met top business and tech leaders to advance economic ties. In posts on X, he highlighted...
- On This Day in History, June 8: Porsche is born, Ghostbusters release, Siam renamed Thailand, Orwell's Nineteen Eighty-Four published, NFL merger announced, Robert F. Kennedy laid to rest and other major eventsOn This Day in History, June 8, the world witnessed events that shaped politics, warfare, literature and culture. The Viking raid on Lindis...
- Second Texas screwworm case confirmed as outbreak fears growA second case of the flesh-eating screwworm parasite has been confirmed in Texas. This new detection is just miles from the first U.S. case...
- Flesh-eating screwworm parasite infection case rises as U.S government makes emergency moveFlesh-eating screwworm parasite infection: The deadly flies were detected in Mexico late in 2024, after years of being contained at the sou...
- In 1958, when China ordered a nationwide sparrow slaughter to protect grain crops, what followed was 2 million human deathsChina's war on sparrows in 1958 had devastating consequences. The campaign, aimed at protecting grain, instead led to a surge in crop-destr...
- On This Day, June 5: D-Day, Operation Blue Star, RFK assassination, AIDS epidemic, Marshall Plan and other key eventsOn This Day, June 5, history witnessed several defining moments across war, politics and social change. The date is associated with the D-D...
- Bad weather forces LoP Rahul Gandhi to cancel Almora visit; addresses rally via phoneRahul Gandhi's helicopter visit to Almora was cut short by bad weather. He later addressed a rally by phone. Gandhi criticized the central ...
- Could these 8 philosophical perspectives completely change the way we understand human nature and what it means to be human?More than 8 major philosophical perspectives, from Homo sapiens to Homo viator, have attempted to explain human nature, human identity, and...
- Will we K-Pop (desi remix)? How India can turn Tata, Adani, Reliance into global titansForeign companies are exiting India for various reasons, from business failures to global strategy shifts. India aims to build national cha...
- Did Berkshire Hathaway crack another long-term wealth-creation formula? NVR stock soared 62,000% since 1996, and its Taylor Morrison bet may signal the next homebuilder winnerNVR stock has surged nearly 62,000% since 1996, crushing the S&P 500’s roughly 1,800% return and redefining what long-term wealth creation ...
- Flesh-eating parasitic fly screwworm that could cause millions of dollars damage to US economy detectedAn outbreak in the U.S. could cause $1.8 billion in damage to Texas' economy alone, according to a USDA estimate.
- Mukesh Ambani draws zero salary again: India's richest man forgoes paycheck for 6th straight yearReliance Industries Chairman Mukesh Ambani did not take any salary in FY26, continuing a six-year trend. Reliance reported strong annual re...
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