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Posts Tagged ‘IMF’

Hope floats for India-UK Relations post Brexit

Adnan Abidi/Reuters   By Bikash Mohapatra   While there are sections who argue that the trade between India and the United Kingdom will suffer considerably in the post-Brexit scenario, a majority opine bilateral collaborations will receive a boost, and the establishment of a Free Trade Agreement between the two countries could be easier to accomplish.

The ‘De-Banking’ Element

By Ricardo Swire Financial institution gurus term the trend “de-risking” or “de-banking.” Over the past five years several major international banks discarded longstanding Caribbean relationships. Barbados, the Bahamas, Eastern Caribbean Currency Union (ECCU), Guyana, Haiti, Jamaica and Trinidad & Tobago all had Correspondent Bank Relationships (CBR) terminated. That US dollar transactions underpin commerce is a […]

Will India Mar China? – The Indian Economy in Modi’s Time – Part One

Punit Paranjpe/AFP   By Ratnesh Dwivedi  Christine Lagarde of the International Monetary Fund is one of many who believes that under the leadership of Prime Minister Narendra Modi, India has improved rapidly and is on the right track. International recognition is one aspect but what are the challenges in India becoming a powerhouse while China […]

British EU vote unnerves world leaders and markets

Toby Melville/Reuters   By Estelle Shirbon and Ben Blanchard Britain plunged deeper into political crisis on Sunday after its vote to leave the European Union last Thursday, leaving world officials and financial markets confused about how to handle the political and economic fallout.

Observations of an Expat: Hypocrisy

By Tom Arms Hypocrisy. That is the most damning charge that can be laid at the feet of the world leaders implicated in the Panama tax haven scandal.