Highlights of the Week (30/12/2019)

Image Source: Chris Toward/@christoward10 Our editors give us the breakdown of this week’s biggest news stories Scotland: Ryan Morrice Rail fares in Scotland increased by 2.4% on average on the 2nd of January. Meanwhile Abellio ScotRail has reported losses of £10 million over a 15 month period. This comes after news that they will be…

In India’s abnegation to join the RCEP, lies its resistance to undertake domestic reform

On November 4, Indian Prime Minister Narendra Modi announced that India would not join the Regional Comprehensive Economic Partnership (RCEP) agreement. Prime Minister Modi while reaffirming India’s commitment to free trade and a rules-based international order stated that India would not join the RCEP as it does not, “address satisfactorily India’s outstanding issues and concerns”.

Breaking down China and India’s Economic Rise

China and India are two economic behemoths who regularly make headlines around the world for their impressive development. However, flashback to thirty-nine years ago in 1980, they were among the poorest countries in the world in terms of per capita GDP1. In the span of an average adult’s working life, China and India have developed…