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BRETTON WOODS SYSTEM
France sells 129 tonnes of gold held in US for $15 billion profit! Here’s how it happenedBanque de France shifted 129 tonnes of gold reserves from New York to Paris by selling older non-standard bars held at the Federal Reserve ...
No country, US far away or China very close to us, can ignore India, says FM Nirmala SitharamanWhile participating in a panel discussion on the ' Priorities for the Next Decade', organised by the Center for Global Development on the s...
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...
It's time to reform the Security Council: UN Secretary-General GuterresGuterres, while speaking to reporters in Hiroshima at the G7 meeting, said the crushing economic impact of the COVID-19 pandemic, the clima...
Kremlin warns West: Rouble-for-gas scheme is the 'prototype'Russia's economy is facing the gravest crisis since the 1991 collapse of the Soviet Union after the United States and its allies imposed cr...
Deglobalization: The ultimate ‘fake news’ storySome of the most promising plays on globalisation are smallcap companies operating in niche markets on a global scale.
Currency markets expose a crucial flaw in Trump's China tariffsThe yuan “floats” far less than most major currencies in global FX markets
- Need regulatory overhaul, says ex-Fed chief Paul Volcker
Former Federal Reserve chairman, the namesake of US rules designed to rein in banks' proprietary trading, this time, regarding supervision ...
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: Zoellick
The global economy is moving towards a new monetary system with gold emerging as a preferred alternative to existing asset, World Bank pres...
- British PM to call for new global financial system
British 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 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...
- IMF chief for devising early warning system for economies
Favouring a "new Bretton Woods Agreement", IMF chief Dominque Strauss-Kahn has said an early warning system to detect impending dangers to ...
- G20 summit will not lead to Bretton Woods II: IMF chief
Warning 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: IMF
The 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 market
A meeting of G20 finance ministers and central bank chiefs in Brazil this weekend will give emerging economies a chance to discuss the need...
- UN calls for new 'Bretton Woods' financial rules
Diplomats and economists urged world powers to update global financial rules that helped nations cope with problems that followed World War...
- IMF should be more like independent central bank: British PM
IMF should be run more like an independent central bank and less under political control, British PM Gordon Brown said Monday.
- Time for a global regulatory system
If corruption is the ugly underbelly of India and China, greed is the fat, huge and uglier underbelly of the US.
- Nuke reform will be incomplete without UNSC expansion: India
Participating in the debate on Secretary General Ban Ki-moon's report on increasing coordination across the United Nations system, Indian A...