India's current account deficit (CAD) fell to $1.3 billion or 0.2% of the Gross Domestic Product (GDP) in the fourth quarter of the fiscal year 2022-23, per the Reserve Bank of India (RBI)… Read More
U.S. International Transactions, 1st Quarter 2023 and Annual Update
The U.S. current-account deficit widened by $3.1 billion, or 1.5 percent, to $219.3 billion in the first quarter of 2023… Read More
Chennai, May 17 (IANS) Credit rating agency Acuite Ratings & Research said it expects India's current account deficit to narrow to $53 billion in FY24.In a report, Acuite Ratings said In… Read More
The White House has revised its fiscal 2023 U.S. budget deficit forecast to $1.543 trillion, which is $26 billion lower than the March budget forecast. This decrease is primarily due to a re… Read More
…for Sri Lanka, the only country in the region to default on its official debt amid the economic squeeze caused by the pandemic and the Ukraine war, these are sunny days.
Tourism rev… Read More
Economist Peter Schiff has warned of an impending collapse of the U.S. dollar even though he sees Fitch’s downgrade of the U.S. rating this week as “meaningless.” While cau… Read More
The US Treasury market hit a record high in July, surpassing $25 trillion for the first time in its history. This has been reached as the US government continues to borrow to fund its operat… Read More
China wants the yuan to play a bigger global role but hasn’t called for it to replace the dollar.
Xi Jinping said China was committed to internationalizing the yuan “in an… Read More
Have you ever wondered what it takes to achieve success in the world of finance and precious metals? Meet Kirill Zagalsky, the man who has done just that. The co-founder and CEO of Advantage… Read More