Economy

Prof. Schlevogt’s Compass No. 39: The exorbitant privilege trap

The dollar’s reserve status yields leverage – at hidden cost. An economic reckoning reveals the trade-offs embedded in monetary dominance.

G7 weakened itself with sanctions on Russia

Western sanctions have contributed to the decline of G7 currencies, Kremlin aide Maksim Oreshkin, has said

Old globalization model is over

The old model of globalization has ended with Western sanctions and trade barriers in place, Kremlin aide Maksim Oreshkin has said

India forecasts steady growth despite Trump tariffs

India’s Economic Survey has projected GDP growth of up to 7.2% on the back of strong domestic demand

Gold, silver plunge after Trump names Fed chair pick

Gold and silver prices have cratered after US President Donald Trump named Kevin Warsh to lead the Federal Reserve

Trump reveals Fed boss nominee

US President Donald Trump has nominated Kevin Warsh to serve as Federal Reserve chair