USD and the Rise of Cryptocurrency
A World Reserve Currency is a foreign currency that is held by the national banks of every country. In this issue of the Main Divide, let’s explore the relevance of the US Dollar in the age of crypto.
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Unearthing Ethereum – Should It be Legalised?
Meet the new bad boy in the Crypto space as well as unravel the technicalities of the world’s programmable blockchain, Ethereum.
Looking into Negative Prices of Oil Futures: An FIC Hindu Report
This report looks into a rare theoretical phenomenon: the negative prices of Oil Futures contracts of April 2020.
Why is Public Intervention a must for MSMEs to revive?
The expansion of MSME sector is necessary to deal with the economic disparity between the urban and rural areas
Like a Rolling Stone: the Story of Payments in the Largest Economies of the World
Digital payment systems in the world have been revolutionized only a few years after their inception. This article traces the stories of three such systems of payment: India’s PayTM, China’s Ant, and Stripe in the US.
Strategic Disparity in China’s FDI
China’s inbound Foreign Direct Investment (FDI) is trudging upwards and is likely to depict a downward trend, when corrected for inflation, in the time to follow despite declaration of steady growth. According to a report by World Bank, FDI in 2010 accounted for 4 percent of China’s GDP which fell sharply to 1.5 percent in 2016. One can observe how China is ensuring a significant fall in the impact of FDI on its economy.
USA-NATO and Trump-Putin: Mutually exclusive?
The irony of Trump’s incessant commitment is scathing in the eyes of other member countries especially in the light of his relationship with the Russian President – Vladimir Putin. It raises a cause of concern because Russia’s entire foreign policy revolves around undermining the West. One can extrapolate a pattern of Trump’s willingness to prioritize talks with authoritarians at the cost of United States’ strong diplomatic relations with the West. This was observed as he rushed through the G7 summit to meet Kim Jong Un in Singapore.