Donald Trump’s moment
- Sebi wants bourses to charge higher for illiquid stocks
- Rahul Gandhi says India feeling tired, directionless, only Congress can take it forward
- Bengaluru, India’s Silicon Valley, faces man-made water crisis
- Daler Mehndi sentenced to 2 years jail in human trafficking case, gets bail
- Xi Jinping re-elected as China’s president, loyalist Wang Qishan vice president
It’s official. With the 2016 Republican National Convention underway in Cleveland, Ohio, Donald Trump is now the anointed Republican candidate for the US presidential election later this year. Speculation that a party establishment that finds him difficult to stomach might find a way to deny him the ticket at the last minute has come to naught.
Conventional wisdom and the majority of the polls carried out so far dictate that he will lose to Hillary Clinton—the Democrat candidate and a more mainstream figure. But conventional wisdom had also dictated that he had no chance of winning the nomination. Trump is selling a particular brand of nationalism at a unique moment in American politics that gives him a chance to succeed that he might not have had in any other year.
From Brussels to New Delhi, this is cause for concern. Rampantly protectionist policies and unpredictability are the last things a tottering global economy needs right now.