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BRETTON WOODS PACT
Macron says 'complete consensus' on reforming global financial bodiesWorld leaders met at a summit in Paris to agree on making global financial bodies like the World Bank and International Monetary Fund more ...
At Paris summit, World Bank unveils debt payment pause for disaster-hit countriesFrench President Emmanuel Macron is hosting a summit on Thursday and Friday in Paris to pin down a roadmap for easing the debt burdens of l...
FM Sitharaman embarks on visit to attend Paris summit for new global financing pactUnion Finance Minister Nirmala Sitharaman left for a visit to Paris to attend a Summit for New Global Financing Pact on Wednesday. The Mini...
Petrodollar’s debt-fuelled high may be on the wane. That may not be a bad thing for the worldThis is not to say US will not resist with might and main. Even the recent flurry of activity by US diplomats and journalists to convince I...
Currency markets expose a crucial flaw in Trump's China tariffsThe yuan “floats” far less than most major currencies in global FX markets
Currency markets reveal crucial fault in Trump's trade tariffsForeign exchange has emerged as a focal point in US-China trade talks.
need2know: Google tax, lower CAD and moreRBI governor Raghuram Rajan has called for a global pact on monetary policy issues so that local policies of central banks cannot have adve...
- The next World Bank president must be from the developing world
The world has lived too long with the US diktat that the Bank can select any president as long as he is American!
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...
A year of ambitious deadlinesWhat are the chances 2010 will deliver on its deadlines? Will it be a year of more hits than misses?
- IMF favours new Bretton Woods Pact for financial stability
IMF has sought support of G-20 for a new Bretton Woods Agreements, a reformed global financial architecture, to deal with the current turmo...