The current situation calls for extremely difficult choices by every nation across the world. The rapid spread of COVID-19 has unwrapped the fragility of our globalised system. Under such circumstances, the pressure on the debt-laden poor countries is all the way...
RBI is fighting the coronavirus seriously.”Amidst the coronavirus panic, the RBI today (27.03.20) decided to reduce the repo rate by 75 bps, i.e, from 5.15% to 4.4%. The reverse repo rate has been cut down by 90 bps and it now stands at 4%.”Source: Govt of...
What is Venezuela all about? Venezuela’s economy is largely tied to its oil wealth. By 2014, the value of bolívar and the prosperity of the country’s economy was highly dependent on oil exports. This wealth once made the country one of the richest in Latin America....
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