Electric makes a fair amount of sense for any fleet, but e-buses have more viability. A taxi may have a good day or a bad day, but it is not so with buses. The main point about smart cities is to draw new capital, which involves changing the way we look at our existing resources.
Health insurance is just a financial instrument...It’s going to be as valuable to the client, or the patient, as the care that it can buy. [Rising demand for treatment] is just going to lead to all kinds of cost escalation...That is the nature of an insurance-driven market. Neither the caregiver — the doctor — nor the patient has any incentives to reduce costs.
India needs financing and so got on board with the [Asian Infrastructure Investment Bank]...New Delhi sees a clear distinction between the AIIB, which is an institution with a board, membership and voting rights, and the Belt and Road Initiative, which is a vision only of the Chinese under which they have placed all kinds of different projects.
[On Prime Minister Modi's apparent "cold shouldering" of Canadian Prime Minister Justin Trudeau] This is quite clearly a strong signal that India is very unhappy with the Trudeau government for its approach to this (separatist) issue...though the relationship is multifaceted and operates on many levels.