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US Federal Reserve raises interest rates 


The Federal Reserve raised interest rates on June 13 indicating a shift from the policies used to battle the 2007-2009 financial crisis and recession. In raising its benchmark overnight lending rate a quarter of a percentage point to a range of between 1.75 percent and 2 percent, the Federal Reserve

Bimonthly RBI Monetary Policy June 2018

Shekhar Sengar Bimonthly RBI Monetary Policy June 2018 The Monetary Policy is reviewed by Monetary Policy Committee (MPC) of the Reserve Bank of India. This time RBI governor Urjit Patel headed the six member NPC. This was the first three-day bi-monthly policy meeting (June 06)  of MPC headed by Urjit Patel. The

Second term for Egyptian president Abdel Fatah al-Sisi

Abdel Fatah al-Sisi was re-elected (March 29, 2018) for a second term. The election campaign was shrouded in controversy from the beginning five of his potential challengers were prevented from getting on the ballot. On 19 January, incumbent President Abdel Fattah el-Sisi had formally announced he would run for a