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...As always you can reach me at sid.v@ft.com....
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...This 12-digit ID, carrying your fingerprints and iris scan, helped revamp India’s corruption-riddled benefit system and let more citizens do things like open bank accounts....
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...Sam Richardson, a customer engagement consultant with Twilio, the cloud communications platform, says designers of new online services focus on mainstream users....
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com. Join us on May 4 for our subscriber only, Elon Musk Twitter Takeover Webinar....
...The Japanese bank’s analysts point to China’s road freight index, a closely watched gauge of economic activity, down almost 20 per cent year on year, and sales volume of new homes slumping nearly a third...
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com....
...So far, the country has recorded 13 cases of the Delta variant -- all from returning citizens....
...“The bumper sticker would say, we’re past the V,” says Michael Gapen, chief US economist at Barclays, referring to the shape of the recovery since the shocking collapse last year....
...“This is important, not least because the US and UK are much better at vaccinating their citizens than EU countries,” she added....
...Modi has now moved to a third stage of “ethnic democracy”, meaning a Hindu-dominated system where minorities are second-class citizens....
...Member states will pay for those vaccines through finance arranged by the Cairo-based African Export-Import Bank and the World Bank....
...Until now, Palestinian health officials had been counting on the WHO’s Covax initiative and a possible shipment of Russia’s Sputnik V vaccine to provide the bulk of its requirements....
...The rebound in macro data, which has given hopes of a V-shaped recovery, could prove to be an illusion and the recovery will slow down.”...
...Critics lambast his failure to achieve any of the big goals he promised: a peace treaty and the return of four disputed islands from Russia; the rescue of Japanese citizens kidnapped by North Korea; the...
...“Still, many of these initiatives were designed for a V-shaped recovery....
...There has been a recent and probably temporary outbreak of prudence by the US Federal Reserve, the European Central Bank and the Bank of England....
...The European Central Bank last week did the right thing and has reduced that probability....
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...Yet neither they nor their British counterparts are likely to empty their bulging piggy banks in shops and bars when restrictions on movement ease....
...That was after the People’s Bank of China set the currency’s trading band stronger than analysts had expected....
...Otherwise it predicted the economy would bounce back in a V-shaped recovery....
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