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India File: A perfect storm for the rupee

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The performance of Asian currencies since the start of the Iran war

(This was originally published in the India File newsletter, which is delivered every Tuesday. Subscribe here to get the latest news from India and its relevance to the world.) Battered by outflows, oil fears from the Iran war and faltering investor confidence, the Indian rupee is closing the fiscal year with its worst annual performance … Read more

A storm cloud is gathering over the global financial system

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A storm cloud is gathering over the global financial system

Clouds are gathering around the world’s financial markets as the US war against Iran enters its fifth week and oil prices are increasing along with many types of products that depend on oil and gas such as fertilizers. Even before the war, there were growing concerns about the stability of the financial system. This is … Read more