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Come elections, come advertisements... Odisha: spectacular win by Naveen Patnaik Reliance’s TV – 18 ready to launch Tamil News Channel Fall in crude prices help in oil sector reform Music happens An enemy’s enemy is a friend Noble nonagenarians... Gas is the way forward GM Technology at last! Solar, solar everywhere … Don’t seem to feel the pulse… Robber barons everywhere A rich pool of talent not utilised…. The rise and fall of Annamalai University Delhi is distant… Another Indian music maestro at the UN When TN politicians can emulate Kerala's No engine for this car Fortune 500 review All eyes on Sankara Nethralaya Kudos to NDTV... TELANGANA at last…BUT B H Kothari - a tribute The brown list of Venkitaramanan Boy, can you beat these? Why land prices zoom in TN? Mersal magnified A welcome initiative by the judiciary Demise of a media baron... Preserving for the future A C Muthiah – his munificent bequeaths to science Pharma – overdose of copying Marketing expert Balagopal is no more More Shakthi to Das’ elbow Revive development banks... Sri Lanka votes for change There was flood of milk. Reason: no milk commissioner! Padma Bhushan for A Ramakrishna Protest masters... Airlines in India: cost and space When small is no larger beautiful.. Align crops to agro climate endowments… More heat than light Diamond jubilee of Egmore Samskrt School Making ‘my Amaravati’... Of course, Gujarat is vibrant A glass full of corruption Welcome changes that testify to Jayalalithaa’s return to health Remembering Indira Sivasailam... Cleaning Ganga – relocate tanneries and install electric crematoria Insurance companies bleeding, yet no decision on increasing FDI limit! The star of Spencers is no more Readers' Mail CIPET hqrs to stay at Guindy – for the present? Focus on quality of power - its only around 170-180V Increasing non co-operation of state leaders Auto components surge… West Bengal: mindless malignancy Scientists urged to take up farmer-oriented research Shipping woes of Chennai companies Intellectual of rare qualities Delhi is distant The Ports’ Pasha expands into Tamil Nadu A more liberated TN… EVM is tamper-proof Sweet news for TN sugar mills How Air-India loses customs... Valli, they are more marginalised More Shakti to resource mobilisation... Tribute Wanted: a second airport for Chennai Tatas moving out of urea production... Things happen by accident and not by design... Cutting the nose to spite the face The why of tax incentives Cement prices continue to rise… Vibrant Gujarat TN – agglomerate land holdings without alienating ownership Polls and promises Tribute – Manikam Ramaswami Tribute – M V Murugappan Editor's Says The balancing act TN accounts for the largest recruits by the IT sector IPL - no surprise this scam R Sridhar steps down as CEO of Shriram Capital Haul over the coal Colour-Chem’s colourful KRVS Quality education through the PPP mode When Ratan Tata visited SRM A professional at the helm of IRDA... Shanti and Sadhana through Music More tributes to GR Alexa – Talking Wikipedia Small units prefers to remain small... Online not in line with brick and mortar businesses... Adharma of opposition politics Paytm karo... Nuclear power at the nucleus The Gulf aviation boom Delhi Chalo... Mu Sigma – is no more Make standards certification mandatory... Rahman at CIC Naidu’s return augurs well for Seemandhra The ‘Ayyo-yes’ is no more For whom the bell tolls? CSR and CMI: promise of another Srinivasan Ramanujan... Liberal imports idling indigenous capacities …and of a popular trade leader For whom the MIDS bell tolls? Breaththrough in malaria control The Jan Dhan bonanza Sweeter prospects for sugar Muffled voices for merit… Shale gas and its shallow future Computation of GDP – conundrums continue Modi and the lady Tax agriculture SoA @ 80 Tribute – UCAL Selvan… Build close rapport with business leaders Quality silica from Neyveli Russi Mody – a tribute Like Hinduism: many paths to reach God... Excel Generators provide the vital back-up Banning booze... Tatas moving out of urea production... S Ramanathan – a versatile musician, musicologist Why this malaise in medical education? Fortune for Indian Airlines ONGC at KG Basin An informal presentation - analytical, forward locking... Where is Rajaji? Revving up the manufacturing sector Five star activism stalls development activity When online building permits work…. The rise and rise of KCP Building loyalty through the stomach Towards speedy justice Editor's Notes to the lack of interest on the part of these to focus on original research. This despite the much lower costs of such research in India. The industry which thrived on the protection of a closed economy and the advantage of a vast domestic market, has failed to organise its evolution on healthy lines Maximising the micro pricing … Strengthen the base... Eternal support for capitalisation of PS banks Air Asia India will set new benchmarks for budget travel Welcome GST Telangana in top gear… L&T- the specialty of special purpose vehicles Where a state respects its litterateurs… Engineering seats go abegging Godspeed, Chief Minister JJ Poor representation for Kerala and TN in Cabinet A Grand Finale for SN’s MS centenary at the US… Recognition to role of NBFCs.... IPL type auction for VCs? Modi storms Silicon Valley TGS- The king storyteller Lesson from Chandrababu Naidu Lalu’s envy, India’s pride Secularism and anti-Hinduism Kinetic Karnataka Return to king coal for urea... The sea- saw battle continues... Whistle-Stop Tour of Raghuram Rajan Kulandai was a giant Road development slows down Silver Years of Madras Musings Delhi returns to BJP An inexplicable neglect TN-leverage strength of BHEL, NLC... Shaming of Tamils by Tamil farmers at Delhi Should we change the official year? Parliament in paralysis... Solar thermal shines… Moily’s bold thrust Put expensive assets created to use... EEC at the National Media Centre Not just in-laws (and outlaws); they’ve renowned academics at the helm! Contrarian cousins A Grand Finale for SN’s MS centenary at the US… Multi-faceted Venkat Land reclamation from sea appears cheaper! Fuel for thought Bihar – Nitish Kumar adopts the Lalu model CII projects higher growth… Medical costs hit the roof... L&T: focus on infrastructure and more infrastructure… Infrastructure funding – lessons learnt Plummeting profits of PSBs Dr C Rangarajan returns to Chennai Measuring roof tops in terms of KW/MW No Maha Koottani in TN... Streamlining mandatory third party cover Naidu will soon build a new Hyderabad The nuclear option Welcome focus on core competence Varuna (rain) in 2015; Vaayu (air) in 2016. Chennai devastated Tough task taking states together Waning interest in public discussions… He continues the focus on social amelioration Roaring Ro-Ro facility New IT products of Ramco in the pipeline… S V Raju – a ‘good’ true liberal Rs.1600 crore paper board plant of TNPL F C Kohli - his concerns all embracing Gay abandon in pricing The Swadeshi Trump WTO Meet: resolved to meet again A think tank for Chennai A friendly business group A yen for wastage… Welcome thrust on trade in Modi’s foreign visits... Permanent secretariat for TN GIM Convulsions in The Hindu Which side are you, Montek? MHC should not return to its old indisciplined ways Wise Presidents He saved millions from starvation... When nations steal growth from one another… London, London Narayan Adapt Vajpayee dinner diplomacy IAS invades NDDB... This scant respect for Law Limit foreign borrowings to hi-tech, export potential projects... No mega rail project for Tamil Nadu GNS - 100: our first subscriber China invests in India When the President was rendered homeless… Discoms deserve better… PC’s preference for professionals CRS, a jewel among managers, is no more. The few handicaps... Inflation: are we emulating Argentina and Brazil? PPP mode for upgrading Corporation Hospitals The ‘Jayanthi Tax.’ A proud Madrasi Funding the un-funded Tihar, Puzhal not different from Parappana Agrahara The power-full Hindujas Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai Poor quality of university VCs Bihar elections - the Rajaji formula worked TIAM turns a full cycle
 
The Swadeshi Trump

Donald Trump won the US Presidential election 2016 on a major promise to protect jobs for the locals and to arrest unchecked migration. This has the potential to end decades of the US economy built on free market. While this did a lot of good for world trade, it resulted in the US losing out. 

While the continuous boom years post-1980s helped the US economy record multi-faceted growth, it also witnessed the US losing its pre-eminence in several sectors including agriculture. European countries followed by Japan and Korea, Mexico and several other Latin American countries, China and India in the recent two decades, have been thriving on this open market policy of the US. The economic giant, which encouraged migration, has been recording negative trade balances with an increasing number of countries and has been sustained on huge public debt. The saving grace has been its continued dominance in high technology areas thanks to its strong educational system, entrepreneurship, drive towards energy self-sufficiency and space technology. But all the while the US has been losing on its traditional strength of manufacturing. These did impact on jobs especially at the lower end.

Donald Trump focused on this factor to win the presidency. Even before he assumed power, he has given a rude shock to several countries across the globe by announcing several drastic measures like constructing a wall across Mexico, its southern neighbour and high import tariffs on automobiles and other imports.

Over the last couple of decades large super markets across the US have been stacked with imported goods, largely Chinese, of every description. China has built its economy on exports in large volumes especially to the US and surely it will also be on the firing line of Donald Trump. To be fair to Trump, one should point to several countries including highly developed ones like Japan and fast developing ones like China and India erecting huge walls against free imports. Therefore they cannot protest overmuch.

The evolution of the European Community through free economic union over the last seven decades has been the driving force in ending centuries of nationalism-based, cross border animosities. Today there is the danger of the world reverting to the pre World War II conflicts among nation states.

 



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