The current situation of the US dollar resembles the setting of the Plaza Accord of 1985, when the world agreed to manipulate the dollar until it fell to stop it from harming the global economy.
Several people recount how the G7 countries failed to "tame" surging commodities futures and speculation in 2007-2008, which impacted already rising food prices and contributed to food riots in 37 countries. Here is why the west has zero moral right to lecture India on it's wheat ban policy.
As a result of the growth of the ruble by 11% against the US dollar since the beginning of the year, Bloomberg has named it the world’s best-performing currency.
Every national financial system's sovereignty requires that its methods of payment have inherent worth and price consistency, and are not dependent to the dollar. With this objective in mind, Russia is now all set to implement the gold standard for ruble.
Joe Biden's unexplained income of millions in financial records has finally been revealed by emails found on the abandoned laptop of Hunter Biden.
The court was reviewing Amazon's request to stop FRL from selling its retail assets until the US company and the Future group reached an agreement in the arbitration. During the hearing Future Retail told the SC that just for Rs 1,400 crore, Amazon has destroyed a Rs 26,000-crore company.
Sergey Glazyev is a man living right in the eye of our current geopolitical and geo-economic hurricane. One of the most influential economists in the world, a member of the Russian Academy of Sciences, and a former adviser to the Kremlin from 2012 to 2019, for the past three years he has helmed Moscow’s uber strategic portfolio as Minister in Charge of Integration and Macroeconomics of the Eurasia Economic Union (EAEU).
Although the figures of wealth and income disparities are already staggering in wealthier Western countries, they are significantly worse in countries like India and China. One instance that clearly depicts the disparity is the fact that an average Indian would need to work 17 million years to become as wealthy as Mukesh Ambani.
Russian finance minister says the BRICS nations should create their own SWIFT system to counter sanctions and strengthen their own national currency.
Feng Shui which has been used by brokers to predict the stock market has been banned by China's Securities Regulatory Commission.