Although India has taken steps to reduce its reliance on the US dollar, country's External Affairs Minister S Jaishankar had earlier clarified that India has "no interest" in weakening the US dollar.
The dollar index scaled higher above 108 mark on Friday morning in Asia, to a one-week high tracking higher US treasury yields. The yield on the US 10-year Treasury note rose above 4.54% on Friday, ...
If they do, Europeans may have even more reasons to retaliate by increasing taxes not only on foreign companies in Europe, but also on their own corporations’ and citizens’ investments in the US.
Trump administration changes have upended the U.S. agency charged with providing humanitarian aid overseas, with senior officials put on leave, contractors laid off and a sweeping freeze imposed on ...