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Daily Vocabulary, 18-07-2020, T.H. Newspaper

Consortium

an association, typically of several companies

Mercantilism

the idea that a nation's wealth and power were best served by increasing exports and so involved increasing trade.

albeit

though

sacrosanct

(especially of a principle, place, or routine) regarded as too important or valuable to be interfered with.

Pragmatic

dealing with things sensibly and realistically in a way that is based on practical rather than theoretical considerations

Connivance

willingness to allow or be secretly involved in an immoral or illegal act.

Preposterous

contrary to reason or common sense; utterly absurd or ridiculous

Vigour

physical strength and good health

Ineptitude

lack of skill or ability

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