US defends dollar as yen weakness threatens global currency order
· economictimes.indiatimes.com
The US treasury has stepped in to bolster the Japanese yen and several other currencies, signaling a potential decline of the dollar and hints of global economic turbulence. Historical patterns illustrate a downturn in imperial economic dominance. For India, navigating the complexities of changing global alliances and economic dependencies poses significant challenges. However, embracing collaboration within BRICS+ may provide a strategy to reduce future economic turmoil.
Singapore: US treasury 's decision to purchase about $10 bn of Japanese yen appears to be an act of munificence to resuscitate a dependent ally's rapidly deprec...