The US, UK, Japan and Canada plan to announce the ban during the G7 summit that started Sunday in Germany. Flows have already been restricted by previous sanctions.
Gold buyers piling into exchange-traded funds are taking a pessimistic view of the US Federal Reserve’s ability to cool decades-high inflation without hurting the economy.
The possibility of a de facto EU embargo on Russian gas and threat of some curbs on crude in Europe’s next sanctions package bolstered both commodities.
Gold and various other commodities have fallen from recent highs. Concerns remain over threat of an inflationary shock to global economy as Federal Reserve prepares to raise interest rates.
Bullion is extending gains after posting biggest weekly advance since July 2020 amid concerns that the penalties against Russia could dim global growth & further stoke inflation.
The IndiGo crisis is nothing short of a threat to India’s stability. Could it be an experiment? Can this happen in any other crucial sector like power or railways?
RBI Handbook of Statistics shows state’s GSDP has more than doubled in past decade, finishing second behind Maharashtra. It has performed well across health & education parameters as well.
It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
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