On November 8, Indian prime minister Narendra Modi declared that two of his country’s most-used bank notes would be worthless starting in January. This post explains Modi’s justifications for the experiment and its wide-ranging consequences.
U.S. institutions often send their U.S.-based faculty and staff to work abroad on short- and long-term assignments. Home campus administrators, often already overwhelmed by domestic compliance requirements, may be forgiven by their coworkers for making incorrect assumptions, but local authorities will not forgive an institution for failing to fulfill obligations when conducting activities in-country. Failure to comply can result in fines and reputational damage for the institution.This post lists some precautions you can take to protect your institution when sending faculty and staff abroad.