How banks are fleecing customers https://www.youtube.com/watch?v=vjOzAXjENRk Thomas Franco in The News Minute on
May 14, 2025 The Reserve Bank of India (RBI) has issued new guidelines on ATM operations across the country, covering aspects like security measures, transaction limits, and applicable fees. These norms determine the number of free transactions a customer can make at their own bank’s ATMs and those of other banks. Beyond these limits, customers are charged a transaction fee. The RBI also regulates ATM maintenance, cash loading, and security protocols. Thomas Franco, former General Secretary of the All India Bank Officers Confederation (AIBOC), raises concerns over how banks are increasingly turning into fund providers for corporates while neglecting the needs of the middle class. , Franco stresses the importance of banks playing an active role in building the inclusive development of the country.
Issue of duplication of EPIC numbers resolved, says EC - https://www.thehindu.com/news/national/issue-of-duplication-of-epic-numbers-resolved-says-ec/article69571934.ece It was found that on average, around one voter in four polling stations faced the issue of EPIC number duplication, the sources added. There are about 1,000 electors per polling station... “During the field-level verification, it was found that holders of such similar EPIC numbers were genuine electors in different Assembly constituencies and different polling stations. All such electors have since been issued new EPIC cards with new numbers,” a senior official of the poll body told The Hindu.
Setting the record straight. Jairus Banaji:
How Modi stands Buddha on his head. In his televised broadcast on 11 May, he told viewers: “𝐵ℎ𝑎𝑔𝑤𝑎𝑛 𝐵𝑢𝑑𝑑ℎ𝑎 𝑛𝑒 ℎ𝑎𝑚𝑒 𝑠ℎ𝑎𝑛𝑡𝑖 𝑘𝑎 𝑟𝑎𝑠𝑡𝑎 𝑑𝑖𝑘ℎ𝑎𝑦𝑎. 𝑆ℎ𝑎𝑛𝑡𝑖 𝑘𝑎 𝑚𝑎𝑟𝑔 𝑏ℎ𝑖 𝑠ℎ𝑎𝑘𝑡𝑖 𝑠𝑒 ℎ𝑜𝑘𝑎𝑟 𝑗𝑎𝑡𝑎 ℎ𝑎𝑖” (Lord Buddha showed us the path of peace. The road to peace lies through power.)
Did Buddha ever say or suggest that the road to peace lies through power (which is code for more defence spending and more militarism)? Here is how one Buddhist scholar expounds Buddha’s views:
In relating with other states, hostility and aggression is forbidden and the cultivation of friendliness and neighborliness and mutually beneficial commerce is endorsed, both to conform with the dharma and on grounds of expediency and efficacy, that is, aggression does not serve one’s self-interest in the long run. Buddha counseled, “Hatred never ceases by hatred in this world. Hatred ceases by love—this is the ancient law” (𝑇ℎ𝑒 𝐷ℎ𝑎𝑚𝑚𝑎𝑝𝑎𝑑𝑎, tr. Easwaran, 2007, p. 105). A state could retain its army for defensive purposes but nonviolence is thought to be the higher ideal and Buddha counseled against the resort to war as a means of settling international disputes (Sallie King, ‘War and Peace in Buddhist Philosophy’, in 𝐴 𝐶𝑜𝑚𝑝𝑎𝑛𝑖𝑜𝑛 𝑡𝑜 𝐵𝑢𝑑𝑑ℎ𝑖𝑠𝑡 𝑃ℎ𝑖𝑙𝑜𝑠𝑜𝑝ℎ𝑦, 2013, pp. 631-50). The first ethical principle in Buddhism is to refrain from killing or injuring any sentient being. There is little or no support for “just war” in Buddhism (Michael Jerryson, ‘Buddhist Traditions and Violence’, in 𝑇ℎ𝑒 𝑂𝑥𝑓𝑜𝑟𝑑 𝐻𝑎𝑛𝑑𝑏𝑜𝑜𝑘 𝑜𝑓 𝑅𝑒𝑙𝑖𝑔𝑖𝑜𝑛 𝑎𝑛𝑑 𝑉𝑖𝑜𝑙𝑒𝑛𝑐𝑒, 2013, pp. 41-66; Lakshmi Jayasuriya, ‘Just War Tradition and Buddhism’, 𝐼𝑛𝑡𝑒𝑟𝑛𝑎𝑡𝑖𝑜𝑛𝑎𝑙 𝑆𝑡𝑢𝑑𝑖𝑒𝑠, 46/4 (2009), pp. 423-38). Buddha said that wars only perpetuate future conflict. As noted, he also spoke out against the trading in weapons as “wrong livelihood.” (William Long, 𝐴 𝐵𝑢𝑑𝑑ℎ𝑖𝑠𝑡 𝐴𝑝𝑝𝑟𝑜𝑎𝑐ℎ 𝑡𝑜 𝐼𝑛𝑡𝑒𝑟𝑛𝑎𝑡𝑖𝑜𝑛𝑎𝑙 𝑅𝑒𝑙𝑎𝑡𝑖𝑜𝑛𝑠 (2021)
US–China Trade War: Jayati Ghosh’s Must-Watch Breakdown https://www.youtube.com/watch?v=qoUwLp960jc India & Global Left
Jayati Ghosh on Tariff Wars, Dollar Hegemony & Global Trade | US-China, Global South, Agriculture & Growth Models. Tariff Wars & Protectionism – Who gains and who loses in the new trade order? US-China Trade Conflict – A deep dive into the economic, political, and strategic dimensions. Agriculture & Tariffs – How farmers, food security, and rural economies are being reshaped. Dollar Hegemony & the US Deficit – Can the US sustain its global financial dominance? Export-Led Growth in the Global South – Is it still a viable model, or do we need a new development path? Crisis of Globalization – What comes after neoliberal free trade?
Substack: https://substack.com/@indiagloballeft
This was a way of containing China. They called it a trade war. It was mostly a technology war It was mostly trying to prevent China from getting ahead in technology So much so that this was actually continued by Joe Biden So yes China is dependent on the US for exports but much much less so than it used to be. One major feature of US public finance over the last 20 years has been progressive tax reductions for the wealthy beginning with Clinton by the way . Actually beginning with Reagan. continuing over over these this entire period. that has meant a dramatically reduced capacity to finance basic expenditures. You know a crisis in the US is a signal for capital to come flooding back to the crisis because it's a flight to safety So it has been for now decades the lynch pin of the global monetary system and the US has had huge benefits from it contrary to what Trump and his adviser Peter Navaro seem to think. US may not necessarily be at the top rung all the time in a very steady fashion anymore but we the the other developing world will be remain in the lower rung and so whenever there's uncertainty we will face capital flight . We don't think that's possible and I I'm not sure he would say that that is really the aim uh you know a sort of
1:33
semi-autic shall we
[03:09](https://www.youtube.com/watch?v=qoUwLp960jc&t=189s) What is driving Trade war?
[12:39](https://www.youtube.com/watch?v=qoUwLp960jc&t=759s) Ken Griffin and restoring
[13:57](https://www.youtube.com/watch?v=qoUwLp960jc&t=837s) China or US- Who will win?
[19:58](https://www.youtube.com/watch?v=qoUwLp960jc&t=1198s) US Debt and deficit
[30:00](https://www.youtube.com/watch?v=qoUwLp960jc&t=1800s) Bond sell off recently
[32:44](https://www.youtube.com/watch?v=qoUwLp960jc&t=1964s) Impact of trade war on Global South
[39:00](https://www.youtube.com/watch?v=qoUwLp960jc&t=2340s) Agricultural and tariffs
[46:28](https://www.youtube.com/watch?v=qoUwLp960jc&t=2788s) Vision of a fair globalisation
Waroholic: Why The USA Is ADDICTED To Mass-Violence https://www.youtube.com/watch?v=0F8KhIHXz0M | Prof. Radhika Desa iWar is not a choice. War is a system—a self-perpetuating process. And in the US we have a deadly principe of mass-slaughter and violence baked into the logic of the economic organisation of the nation. Listen to Professor Radhika Desai dismantling the core of the imperial logic with her Geopolitical Economy approach to Marxist theory.
https://valdaiclub.com/a/valdai-papers/valdai_paper_24_geopolitical_economy_the_discipline_of_multipolarity/ https://valdaiclub.com/files/10943/
https://www.academia.edu/77369299/Marx_s_geopolitical_economy_The_relations_of_producing_nations_2021_ contrary to the widespread tendency to take Marx as a theorist of ‘globalization’, Marx actually took the existence of nation-states and national economies seriously and conceived of their interrelations as arising from the contradictions of capitalism.
Top 9 Nuclear-Armed Nations In 2025 https://zeenews.india.com/photos/world/top-9-nuclear-armed-nations-in-2025-india-ranks-at-pakistan-at-check-full-list-2899025/united-states-5277-nuclear-warheads-2899032
Russia – 5,449 Nuclear Warheads -core pillar of its defense strategy and global power status
United States – 5,277 Nuclear Warheads - land-based missiles, submarine-launched warheads, and aerial bombs: Disarmament diplomacy, Modernising
China – 600 Nuclear Warheads desire for strategic balance with the U.S. and India,
France – 290 Nuclear Warheads mainly submarine-launched ballistic missiles Separate nuclear forces. views them as essential for national and European defense
United Kingdom – 225 Nuclear Warheads mostly in Trident submarines : Reviews have called for modernizing, reflecting security Concerns in Europe
India – 180 Nuclear Warheads- "No First Use" policy, India’s strategy emphasizes minimum credible deterrence.
Pakistan – 170 Nuclear Warheads - deterring conventional conflict with India
Israel (90) policy of nuclear ambiguity
North Korea (50) despite sanctions, continued testing
'Competitive Authoritarianism To Electoral Autocracy': Yogendra Yadav Speaks At Brown University https://www.youtube.com/watch?v=Pqpb0hNMGtg HT extract from
Yogendra Yadav — Reclaiming India’s democratic republic https://www.youtube.com/watch?v=Pqpb0hNMGtg
https://watson.brown.edu/southasia/events/series/op-jindal-distinguished-lectures
The Decline & Fall of the U.S. Dollar https://www.youtube.com/watch?v=6ZiZpi6AEko | Ken Rogoff on Past, Present, & Future of USD Hegemony traces the development of the U.S. Dollar’s rise to world dominance, and he connects it with the trade and capital imbalances that have recently motivated large tariff actions from the United States. Rogoff argues that he thinks the Trump tariff policy through April 30 2025 was somewhat “dumb” but that there is a chance that 10 years from now Trump will be viewed as having been right
U.S. Dollar As Reserve Currency: Past Present and Future https://www.youtube.com/watch?v=6ZiZpi6AEko&t=1042s
Tariffs And Global Currency Order https://www.youtube.com/watch?v=6ZiZpi6AEko&t=1687s
Advantages & Costs of U.S. Dollar Reserve System https://www.youtube.com/watch?v=6ZiZpi6AEko&t=2777s
Threats To U.S. Dollar Dominance https://www.youtube.com/watch?v=6ZiZpi6AEko&t=3258s
China7 https://www.youtube.com/watch?v=6ZiZpi6AEko&t=3672s :22 U.S. Dollar As Reserve Currency: Past Present and FutureU.S. Dollar As Reserve Currency: Past Present and Future
India and Pakistan lock horns: Who won and why? https://thecradle.co/articles/india-and-pakistan-lock-horns-who-won-and-why May 12, 2025
In the biggest aerial dogfight since World War II, two nuclear-armed rivals test the boundaries of conflict and deterrence – with some jaw-dropping surprises in the mix.
India and Pakistan both field advanced air forces and hold nuclear weapons, with technological parity in many conventional domains. The result is a high-stakes deadlock, one misstep away from catastrophe...A pattern is clear: These wars start and end on familiar ground, but Pakistan emerges diminished each time. Demographics, military stockpiles, economic capacity, and geography all weigh in India’s favor...India enjoys military superiority in nearly every category – from hardware and troop numbers to domestic defense production. Its population stands at 1.42 billion compared to Pakistan’s 245 million. ..
Islamabad has prioritized air force capabilities, investing in quality aircraft, radar systems, and pilot training.
Although a ceasefire has officially been announced, both accused the other of breaching the truce on Sunday, suggesting that a tit-for-tat cycle may drag on for longer before a decisive inflection point is reached. The road to escalation is fraught, not least because both sides are nuclear-armed. ..Both armies are formidable. India has the upper hand on paper, but Pakistan’s border with China complicates the equation. Beijing has no interest in s..eeing India dominate Kashmir or sever the China–Pakistan Economic Corridor (CPEC), which forms a key artery in Beijing's ambitious, multi-continent Belt and Road Initiative (BRI). If India attempts to seize all of Kashmir or block China’s overland access, Chinese intervention is highly likely.
The Cradle's Military Correspondent
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