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BRETTON WOODS AGREEMENT
The dollar is dead, long live the dollar!Wars have shaped the US dollar's global power. From financing conflicts to becoming the reserve currency, its reign was cemented by agreeme...- Curbs on FDI from border nations to stay: FM Nirmala SitharamanIndia will keep FDI restrictions from bordering nations for national security, emphasizing the need for investment safeguards. Finance Mini...
- 'It's very pleasing to see India sustain a rapid pace of growth', says John Lipsky US economistJohn Lipsky, senior fellow at Johns Hopkins University, emphasizes India's potential to sustain its rapid growth with continued reforms. He...
- For a few dollars less: The quiet demise of the petrodollar agreementThe USD hegemony is unravelling, and the global financial order is moving towards a new era led by BRICS-plus countries. Hard commodities-b...
- Multilateral development banks’ reforms incomplete without similar reforms at IMF: Niti Aayog’s Suman BerySince the Asian financial crisis (in 1997), India has run its macroeconomy essentially to make sure that the current account deficit is aro...
- View: It’s hard to be the next China, not impossibleThe hour when China phase will end was foretold, and also that India will take its place in due time. Will it?
- India's protectionism conflicts with aim to be the next ChinaIt doesn’t look like India sees itself as the world’s next factory, which requires openness.
- Currency markets reveal crucial fault in Trump's trade tariffsForeign exchange has emerged as a focal point in US-China trade talks.
- Raghuram Rajan for new global pact to deal with monetary policy issuesRajan said the world is facing an increasingly dangerous situation and both advanced and emerging economies need to grow in order to ease d...
- Will Chinese yuan replace US dollar as the global reserve currency?When the world economy heads into a crisis, the international currency system often breaks down because debtors can't meet their obligation...
- World moving towards new monetary system: ZoellickThe global economy is moving towards a new monetary system with gold emerging as a preferred alternative to existing asset, World Bank pres...
- Now, UN calls for new currency to replace dollarThe dollar's role should be reduced by establishing a new currency to protect emerging markets, UN said. World's top tax havens | Economies...
- British PM to call for new global financial systemBritish Prime Minister Gordon Brown will push for a new global financial system that updates the 1944 Bretton Woods agreement in a speech d...
- IMF favours new Bretton Woods Pact for financial stabilityIMF has sought support of G-20 for a new Bretton Woods Agreements, a reformed global financial architecture, to deal with the current turmo...
- IMF chief for devising early warning system for economiesFavouring a "new Bretton Woods Agreement", IMF chief Dominque Strauss-Kahn has said an early warning system to detect impending dangers to ...
- G20 vows action on crisis, bigger voice for smaller economiesMajor wealthy and emerging nations pledged "all necessary steps" to boost sagging market confidence and to give a bigger voice to developin...
- G20 summit will not lead to Bretton Woods II: IMF chiefWarning that the G20 summit next week is unlikely to produce radical change in the way the global economy is governed, the head of IMF said...
- G20 summit will not yield Bretton Woods II: IMFThe head of the International Monetary Fund (IMF) warned that expectations of a new Bretton Woods system ahead of the G20 summit later this...
- G20 emerging economies weigh rules vs free marketA meeting of G20 finance ministers and central bank chiefs in Brazil this weekend will give emerging economies a chance to discuss the need...
- Time for a global regulatory systemIf corruption is the ugly underbelly of India and China, greed is the fat, huge and uglier underbelly of the US.
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