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Indian Captain Smit Machchhar Stabbed Mid-Flight, Fights Back to Save 174 on Flydubai Jet

What began as a routine commercial flight from Dubai to Tel Aviv turned into a life-threatening emergency over Saudi Arabia on September 30, when the captain of a Flydubai Boeing 737 MAX 8 was allegedly attacked by his own co-pilot in the cockpit. Captain Smit Machchhar, an Indian national from Mumbai, was seriously injured during the confrontation, yet managed to take an action that became criti…

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India and China Are Trying to Repair Their Relationship. Can Business Follow?

India 🇮🇳 and China have one of the most complicated relationships in Asia. They are neighbours, major economies, important members of BRICS and two of the world's most populous countries. They also have significant trade ties and are deeply connected through manufacturing and supply chains. At the same time, the relationship has been affected by border tensions, security concerns, restrictions on…

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Why Is Europe Spending More on Defence?

For much of the period after the Cold War, Europe became accustomed to a relatively comfortable security environment. European countries invested heavily in healthcare, education, infrastructure and social programmes, while the United States carried a large share of the military burden within NATO. That picture has changed dramatically. Russia's war against Ukraine, concerns about cyberattacks an…

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Is the World Entering a New Era of Expensive Money?

For more than a decade, cheap money helped shape the global economy. Interest rates were kept low for long periods. Borrowing became easier. Businesses could raise money more cheaply. Homebuyers could access affordable loans. Governments could borrow enormous amounts to fund spending and investment. Then inflation changed the equation. And now the world may be entering a very different financial …

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