The People’s Bank of China has made a decisive cut in interest rate to arrest the free fall
China’s central bank makes interest rate cut to end panic in the market
Category: Global Economy
China’s rattling economy brings down global financial markets
The biggest crisis after 2008 has reached. From Japan to US, financial markets and commodity prices have crashed
‘Two birds in one shot’ is all about China’s currency devaluation
In a reward maximizing move, China has made its official exchange rate equal to that of the market
Renminbi’s global currency status: IMF extends the review of SDR currency basket to the next year
China has to wait for one more year to include the Renminbi under the IMF’s SDR basket. A
Iran’s reentry into the world economy is a big event
End of sanctions and slow reentry of Iran into the world economy is a big event for Iran
Euro Zone and Greece reaches on agreement about the bailout
European Union has agreed to extend a third bailout package to Greece after night long negotiations. The terms
Euro zone divided on Greek rescue package
EU’s two poles of power – Germany and France are divided on the nature of commitment that should
BRICS Declaration warns global instability and potential spillovers of West’s easy money policy
The BRICS declaration at the Ufa summit has warned that the global economy is going through a difficult
BRICS’s New Development Bank launched; first loan may go to the sanction hit Russia
BRICS has officially launched the New Development Bank at the Russian city of Ufa, where the seventh meeting
China to supply central bank liquidity into the stock market and bans share selling by big share holders
China has come out with extraordinary and extreme measures to stop the crash in the equity market. Two