
US dollar losing currency among world's central banks; guess who's gaining
An IMF research report shows a strong negative correlation between the reserve issuer's public debt and reserve shares.
An IMF research report shows a strong negative correlation between the reserve issuer's public debt and reserve shares.
Two-pronged transformations in the global financial system will result in swifter downfall of the dollar.
The overall value of global trade reached a record level of $28.5 trillion in 2021.
Merchandise exports grew 68.9% in first nine months of the current fiscal to $443.8 billion, up from $262.8 billion in the previous fiscal.
FY22 looks much better for trade with exports already touching $300 billion in the first nine months.
For years, US has been trying to gain access for its pork products while mango exports to the US got stuck after USDA inspectors were unable to visit India due to Covid-19.
Problems involved in moving goods and services between the two countries, market access will be among the issues the U.S. delegation will be keen to discuss.
The impact on the world economy from the Covid-19 crisis is turning out to be wider and deeper than that from the 2003 SARS epidemic. Blame it on China’s growth story.
Despite the pressure, why is India reluctant about the Regional Comprehensive Economic Partnership (RCEP)?
Mounting losses from fears over Covid-19 (coronavirus) show that the world has not learnt from its past mistakes about supply-side disruptions and its adverse impact.