- Arvind's Newsletter
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- Arvind's Newsletter
1. Adani to exit Wilmar JV, to generate cash to invest in core infrastructure businesses
Adani Group is in talks with multiple multinational consumer goods companies to sell its entire 43.97% stake in Adani Wilmar Ltd, which owns the Fortune brand of edible oils and packaged grocery, reported Economic Times.
The ports-to-renewable energy conglomerate is expecting $2.5-3 billion for the stake in the joint venture with Singapore-based Wilmar International, which too owns 43.97% of the company.
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2.How to stop turmeric from killing people
Developing countries—especially India—should learn from Bangladesh, opines The Economist.
Turmeric, the ubiquitous spice, is heavily adulterated with lead chromate to heighten its colour. The result is that South Asia has the highest number of lead poisoning in the world.
Not only that, the poisoning is estimated to have lowered South Asian productivity by roughly 9% of GDP. India, which produces 75% of all turmeric, is particularly susceptible and can look east for solutions, particularly Bangladesh, which launched a nationwide campaign against turmeric adulteration in 2019, with sting operations and a PR blitzkrieg following suit, culminating in much applause and celebration. Read on
3.Israel claimed to have surrounded Gaza City, effectively dividing the territory in two, as part of a “significant operation.”
The ramping up of the offensive signaled that fervent diplomatic efforts by the U.S. — Secretary of State Anthony Blinken visited several Middle East capitals in recent days, with the CIA director now following suit — and others are bearing little fruit. U.S. officials
worry the Israeli counterattack on Hamas following the militant group’s brutal Oct. 7 assault has been too aggressive, but believe they cannot convince Israel to change its course, The Washington Post reported. One Israeli minister even suggested dropping a nuclear bomb on the Gaza Strip, though he was rebuked by Prime Minister Benjamin Netanyahu as “divorced from reality.”
4.The 8 Stages of Life That Make or Break You, by Darius Foroux, in his blog.
Erik Erikson, the psychoanalyst who coined the term, “identity crisis,”found that humans typically go through eight stages of life.
As we go through each stage, we experience certain challenges and setbacks. If we resolve these challenges in a positive manner: We grow. But if we don’t, we stagnate. Read on
5.A historic drought across South America raised fears that the Amazon rainforest could be reaching a tipping point, transitioning from a carbon dioxide sink to a net emitter.
As water shortages and extreme heat kill trees, the forest releases humidity and enormous CO2 deposits, in turn fueling a process that kills more trees. “If just a fraction [of CO2] comes out, “it could be the last straw that breaks the camel’s back,” a climate scientist told the Financial Times. The drought could also raise the region’s emissions, as several South American countries rely on clean hydropower to generate electricity.
