China economy has slowed down, with consumption slumping and unemployment rising partly due to the COVID-19 lockdowns in Shanghai and the restrictions on priv
India's foreign exchange (FX) reserves fell for the sixth straight week, by $311 million in the April 15 reported week to $603.694 billion, according to the Reserve Bank of India data on Friday.
The monetary policy committee, in its ongoing meeting, will have to address the upside risks to inflation along with the increasing pressure on rupee and growth
what sonis on the table. this potentially is the most damaging to russia s economy. swift is for financial transactions all around the world. used by 11,000 financial institutions across 200 countries. disconnecting russia from swift would be extreme and would have devastating consequences, frankly, for the economy. because you can see capital outflows from any firm or bank within russia that relies on foreign financing. you could see lots of currency volatility, and also in 2014 when this was first really floated, i guess, as an idea with the annexation of crimea, they said it would see the economy in russia shrink by 5%. this is a really interesting economic tool, but the problem is the potential fallout. both in terms of the financial contagion that you could see. it has been used successfully with iran, relating to their nuclear program in 2012, but russia is very different, it is a much bigger economy, it is