Replacing the dollar necessitates not only a rival currency but also an equally robust financial market, trusted institutions, and an ecosystem of banks, investors & payment infrastructure.
Sydney: U.S. stock futures and the dollar surged in Asia on Wednesday as investors wagered Republican Donald Trump could win the U.S. presidential election,...
The S&P 500 closed in negative territory, and megacap momentum stocks dragged the tech-heavy Nasdaq down more than 1%, while defensive stocks helped keep the Dow modestly green.
England’s consumer inflation hit a 40-year high of 9.4% in June, over 4 times the Bank’s 2% target. Putin’s weaponisation of gas supplies will drive inflation even higher, some feared.
A 'partial ecosystems collapse' would increase annual borrowing costs for 26 nations including the US by $53 billion and trigger massive downgrades for India and China.
Outlook for India seems better than for most others, but growth forecasts are being tempered while inflation picture has got worse. Production numbers are modest, dip in business mood.
Futures in London jumped as much as 3.3% as Russia’s dramatic escalation of the Ukraine crisis sparked fears of a disruption to the region’s critical energy exports.
While the world economy is on the way to recovery, some legacies of Covid will shape global growth for years to come. Here's an overview of some of the transformations under way.
Official Chinese statements have described the drills as destabilising, warning that they risk escalation and that the participating countries are 'playing with fire.'
Share of trade with FTA partners rose from 4.6% in 2006 to 28.8% in 2024. India is currently negotiating or advancing agreements with US, Israel, GCC, Canada & Mexico.
American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.
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