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Nixon Broke With Gold 50 Years Ago. What Comes Next?

The global financial architecture is poised for another shift and, as usual, the U.S. will need to lead the way. ....

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On his sixth death anniversary, some reflections on President Kalam, the U.S., and India's going nuclear:

On his sixth death anniversary, some reflections on President Kalam, the U.S., and India's going nuclear:
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

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Old India hand returns to US embassy in New Delhi

Old India hand returns to US embassy in New Delhi
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

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The great Kashmiri money game – KashmirWatch

The great Kashmiri money game – KashmirWatch
kashmirwatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kashmirwatch.com Daily Mail and Mail on Sunday newspapers.

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Cryptocurrencies Soar, the Dollar Abides

But the dollar maintained its global dominance, and the Saudis turned out to have strong financial incentives for keeping the overwhelming bulk of their wealth in dollar-denominated investments. Oil revenue to the tune of $100 million a day was pouring into the Saudi Arabian Monetary Agency (SAMA), the nation’s central bank, whose decision-making process is illuminated in a memoir,
Packing for India, by David Mulford, one of a handful of foreigners hired by SAMA in the mid-1970s as an adviser. SAMA’s dilapidated offices typified the desert kingdom’s detachment from modernity communication with the outside world was limited to a single balky telex machine, according to Mulford (who later became US Treasury undersecretary for international affairs). And Mulford recalled that in addition to the constraints imposed by antiquated technology, SAMA’s investment choices were dictated to a significant extent by liquidity that is, the ability to buy or sell without causing ....

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