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3232Peter Schiff: Fed Is About to Make Major Policy Mistake That Will Crush US Dollar, Reignite Inflation
https://www.digit.info/peter-schiff-fed-is-about-to-make-major-policy-mistake-that-will-crush-us-dollar-reignite-inflation/
Tue, 17 Sep 2024 00:46:13 +0000https://www.digit.info/peter-schiff-fed-is-about-to-make-major-policy-mistake-that-will-crush-us-dollar-reignite-inflation/Read more]]>Economist and gold advocate Peter Schiff has issued a strong warning that the Federal Reserve is on the verge of repeating its past policy errors. He explained that the Fed’s anticipated actions, particularly interest rate cuts, “will be followed by a return to QE, another repeat mistake that will engender more debt and send consumer […]
]]>India and Russia to Enhance Trade With Rupee-Ruble Payments
https://www.digit.info/india-and-russia-to-enhance-trade-with-rupee-ruble-payments/
Fri, 16 Aug 2024 11:20:12 +0000https://www.digit.info/india-and-russia-to-enhance-trade-with-rupee-ruble-payments/Read more]]>India and Russia are discussing ways to enhance bilateral trade by adopting payments in their national currencies and reducing non-tariff barriers. The talks aim to facilitate rupee-ruble trade and address trade imbalances, particularly as petroleum dominates current transactions. With a significant trade deficit favoring Russia, both nations seek to diversify trade beyond oil and create […]
]]>India Hikes Duty on Imported Gold, Seeking to Bring Down Trade Deficit
https://www.digit.info/india-hikes-duty-on-imported-gold-seeking-to-bring-down-trade-deficit/
Wed, 06 Jul 2022 08:50:14 +0000https://www.digit.info/2022/07/06/india-hikes-duty-on-imported-gold-seeking-to-bring-down-trade-deficit/Read more]]>In its attempt to relieve the pressure against the rupee, the Indian government announced on July 1 that it had hiked the duty on imported gold by five percentage points to 12.5%. However, there are fears the import duty hike will spur a resurgence in the smuggling of the commodity. India’s Worsening Trade Deficit Faced […]