Tuesday, May 12, 2026

Global reverberations of Trump War of Whimsy (Modi's India edition)

 
Headline:  New York Times, 5/11/2026

Alex Travelli reports:
Prime Minister Narendra Modi asked India’s 1.4 billion people to spend less on fuel, fertilizer, and travel, a call for sacrifice that landed like a thunderclap and underlined the severity of the economic crisis caused by the war in Iran. Mr. Modi made these sweeping recommendations in a national address on Sunday after securing a big win for his party in recent state elections. 
With that victory in hand, he no longer has to worry that voters might punish his candidates for higher prices of fuel, food and transport, which are tightly controlled by India’s government. Instead of subsidizing the losses and running huge budget deficits, India’s leader appears emboldened to ask its people to bear the burden. [emphasis added]
Retiring Guy has the feeling this approach won't work out well for Modi in the long run.
 

Related posts:
May 2026
April 2026
Trump War of Whimsey: 21 days later, Strait of Hormuz is still closed.  (4/12)Fox News Looney Tunes:  Build a canal to bypass the Strait of Hormuz.  (4/10)

Tariffs, trade war, Strait of Hormuz blockade:  Trump piles on pain on American farmers .  (3/17)

March 11-15, 2026
 

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