Data out of Brazil this week suggest that the strength of domestic demand is causing the trade surplus to erode, which goes some way in explaining the real's poor performance. But the more important...

Following the collapse of Michel Barnier’s administration, there is no realistic prospect of a stable government being formed that could address France’s fiscal problems. There is a risk that the...

On the face of it, the fall in the rupee to record lows poses a dilemma for the Reserve Bank’s MPC, which earlier today voted to keep the repo rate unchanged at 6.50%. But the bigger picture is that...

The Reserve Bank of India’s (RBI’s) decision to keep the repo rate unchanged at 6.50% today highlights its unease at the current rate of headline inflation. Admittedly, the lowering of the cash...