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The US's unique position as the issuer of the reserve currency provides an advantage in navigating market shifts, according ...
The U.S. Department of Education will resume the collection of defaulted federal student loans in May, but lots of people ...
India reportedly batted for ‘stringent monitoring’ of any emergency funds provided by the IMF to Pakistan, emphasising that ...
The fear of boom and bust cycles, unique to our policymakers, once the economy exceeds an annual growth rate of more than 4%, thus leading to a balance of payments crisis, is a fallacy.
Parallels are being drawn between the US tariff war and the external shock that kick-started the Indian economy in 1991 ...
which currently allows the President to impose sweeping 15% tariffs on all imports in the event of a so-called balance of payments crisis, says Panetta’s office. This provision, originally ...
At risk of falling behind on your credit card bills this May? Here's what to do before your debt and fees spiral.
According to that data, Russia held half of its reserves in dollar, euro and pound sterling assets. The rest was invested in yuan and gold, which remain accessible for emergency use. Since the start ...
India needs another shot of difficult reform, of the kind only possible at gunpoint. Mr Trump holds that gun to our heads now ...
History offers a precedent. In 1991, faced with a balance of payments crisis and dwindling foreign reserves, India responded not with protectionism but with liberalisation. The result: three ...