The article talks about how India's switch of economic policy led to a recovery and is now in rapid economic growth.
"Even if capital flows were to reduce to zero as they did in 2008, following the collapse of Leman Brothers, reserves would drop by only $40 billion over twelve months, still leaving a healthy $250 billion or so of cover."
The article ends with advice on how India can further strengthen their current state by increasing foreign investments.
Excerpt from the article:
"Most experts think the fall is a direct result of sanctions designed to get Iran to curtail its nuclear program, which Iranian leaders say is intended to generate nuclear power but many suspect could be used to produce a weapon"
The price of crude oil is said to be the underlying reason for the effect of the Rupee weakening.There is downward pressure from losses in the domestic shares. "Importers looking to meet month-end import commitments weighed"
China's 40% tax imposed since 2008 is a violation of WTO regulations. As such, they have to renew their policy. However, this would raise their exports competitions decreasing FOB price.
Russia and its partners (Belarus and Kazakhstan) are looking to seal a free trade deal with New Zealand. However, the articles talks about external issues to consider that will affect or be affected by the deal. The main concern of both parties is the current negative state of the global economy and how they intend to overcome this by trade.
" "The priority goal is to fight protectionism together in all its forms; traditional and new alike ... It is important to build bridges, not walls," he said. "
This article talks about how supply-side policies are implemented and how it affects the price of gasoline. This is mainly because of the global crude oil prices decreasing. On top of that, there is an increase in supply from the Middle East supplemented by a decrease in demand.
"If there are any problems on the supply side, as in Iran, Libya or Nigeria, then prices will be right back up," said Michael C. Lynch, president of Strategic Energy and Economic Research.
The article talks about how "human insecurity" takes a toll on the income inequality and how different organizations are taking steps to improve the situation.
""The richest Thais earn 14.7 times more than the poorest," said Gwi-Yeop Son, resident representative of the United Nations Development Programme (UNDP),"