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The US Opioid Crisis: Is It A Theatre Of Cold War II?

Mint Mumbai

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February 16, 2024

It featured in Xi-Biden talks late last year, with the US trying to stanch fentanyl inflows in an eerie echo of the Opium Wars. In Cold War II, drug control matters as much as missile control

The US Opioid Crisis: Is It A Theatre Of Cold War II?

A Joe Biden presidency would be better for Russia than a Donald Trump one, Russian President Vladimir Putin said this week, calling the current US leader more "predictable." Coming from a Cold War adversary, this may be taken in America as a backhanded endorsement of Trump, whose anti-Nato rants have made US allies in Europe sit up. Shorn of Eurocentricity, though, the Cold War II underway is actually a US-China face-off, so what matters more is who China's Xi Jinping would rather have in the White House. As Xi has been discreet, this is a mystery. Between a business-focused Trump and a Pax Americana-oriented Biden, Xi's pick may go by his country's quest for global heft now that it has dumped "Hide your strength, ide your time." Where trade and geopolitics converge, though, who wins this year's US polls may make no difference to China. This covers not just high-end chips and AI, but, in a twist of irony worthy of a Mobius strip, also opioid drugs. The last time Xi and Biden met, three months ago, apart from a restored military h

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Mint Mumbai

Rupee rumbles

The Indian rupee on Friday slumped to a record low of about 89.60 to the US dollar, zipping past the 89 mark for the first time.

time to read

1 min

November 24, 2025

Mint Mumbai

Mint Mumbai

Claims on dubious pre-IBC deals swell

At ₹4 tn, amount matches entire sum recovered via IBC in 10 yrs

time to read

3 mins

November 24, 2025

Mint Mumbai

Mint Mumbai

'Stay invested in the stock market, everything is for the long haul'

Veteran value investor Ramesh Damani is ignoring doomsday warnings about a US tech stock correction and noises surrounding corporate earnings growth trajectory back home, staying loyal instead to his credo of long-term investments, using a bottom -up approach. He remains unconcerned about short term market corrections, advising investors to

time to read

6 mins

November 24, 2025

Mint Mumbai

CHINA HAS MINERALS, INDIA HAS ITS PEOPLE

In 1992, Chinese leader Deng Xiaoping reportedly said that if West Asia had oil, China would have rare earths.

time to read

4 mins

November 24, 2025

Mint Mumbai

Rupee may decline further as RBI has little elbow space

The local currency market is bracing for more weakness in the coming weeks, after the rupee sharply slid to a record low of 89.41 against the US dollar within the last hour of trade on Friday.

time to read

3 mins

November 24, 2025

Mint Mumbai

Labour codes could act as an economic catalyst

If enforced as envisioned, the four codes can yield a more secure workforce and strengthen India's economy. Employers should not just comply but also focus on their collective interest

time to read

2 mins

November 24, 2025

Mint Mumbai

OYO Assets gets 125 cr fresh funds

OYO parent PRISM-backed OYO Assets has raised ₹125 crore in a fresh funding round from a clutch of institutional and private investors led by InCred, people aware of the development said.

time to read

1 min

November 24, 2025

Mint Mumbai

Will realty keep the pre-sale pace?

Listed realty firms are banking on new launches to drive pre-sales in H2FY26.

time to read

2 mins

November 24, 2025

Mint Mumbai

Mint Mumbai

How new labour codes impact your gratuity, PF

The new labour codes have overhauled how wages, gratuity, provident fund (PF), pension and other social security benefits are calculated. These changes impact employees and employers alike.

time to read

2 mins

November 24, 2025

Mint Mumbai

INDIA’S TERROR THREAT SHIFTS CLOSER HOME

Life, once in a while, throws up events that brutalise your consciousness and traumatise you for the rest of your life. The terror attacks in Mumbai on 26 November 2008, and in Pahalgam and Delhi this year top such chilling incidents.

time to read

3 mins

November 24, 2025

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