Tag: trade deficit

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Peter Schiff: Fed Is About to Make Major Policy Mistake That Will Crush US Dollar, Reignite Inflation

September 17, 2024

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…
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India and Russia to Enhance Trade With Rupee-Ruble Payments

August 16, 2024

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…
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