Indian rupee performed better than currencies of Canada, Korea, Brazil: Eco survey 2024-25
Friday, 31 January 2025 The Indian rupee (INR) depreciated by 2.9 per cent in the first nine months of FY25, performing better than other currencies like the Canadian dollar, South Korean won, and Brazilian real, which depreciated more significantly. The INR's movement is influenced by factors such as global economic trends, crude prices, interest rates, and geopolitical tensions. The nominal effective exchange rate (Neer) remained stable, while the real effective exchange rate (Reer) steadily appreciated.
Tariff War: Treasury Secretary Scott Bessent addressed pressing concerns about supply chain shocks and progress on trade deals with key Asian allies. Amid declining Chinese cargo shipments, Bessent dismissed fears of disruptions, praising U.S. retailers’ preparation. He hinted at imminent trade announcements with India and ongoing negotiations with South Korea and Japan, emphasizing that election cycles abroad are accelerating—not delaying—talks. Bessent characterized India as an “easier” partner due to its transparent tariff regime. The conversation reflects rising urgency in reshaping global trade relationships amid shifting geopolitical currents.
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Former South Korean President Moon Jae-in indicted on bribery charges
Moon's indictment adds him to a long list of South Korean leaders who have faced trials or scandals at the close of their terms or after leaving office.
READ MORE : http://www.euronews.com/2025/04/24/south-koreas-former-president-moon-indicted-for-alleged-bribery
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North Korea has issued a chilling warning following the U.S. deployment of B-1B bombers over South Korea, labeling the move a grave provocation. The regime threatened retaliation and hinted at targeting U.S. strategic assets, including long-range bombers. The warning comes just days after Donald Trump praised North Korean leader Kim Jong Un as “a very smart guy,” reigniting tensions and drawing global attention. As the U.S. and South Korea continue joint drills, the Korean Peninsula braces for potential escalation.
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Pacific threatened by cooperation between China, North Korea and Russia says US commander
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Former President Donald Trump has officially ordered urgent tariff negotiations with India, Japan, and South Korea — a bold move signaling a massive shift in U.S. economic strategy. Acting South Korean President Han Duck-soo confirmed the directive following a direct call with Trump. With U.S. tariffs paused and strategic talks kicking off, the Indo-Pacific economic balance is on edge. Will this be the start of a new trade war or the formation of a stronger alliance against China’s growing influence?
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Indigenous march in Brasilia calls for land rights and climate action
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Brazil's Supreme Court says Jair Bolsonaro should stand trial over alleged coup attempt
Bolsonaro, who fought to stay in power after losing the 2022 election, has repeatedly denied any wrongdoing and claims he is being politically persecuted.
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The 'I'm Still Here' effect: How Oscar fever is gripping Brazil during Carnaval
Walter Salles' 'Im Still Here' won Best International Feature Film at the 97th Academy Awards. Brazilians roared at home and on the streets, where Carnival festivities have been ongoing since Saturday. And now, the 'I'm Still Here' house is to be transformed into a film museum...
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Credit: euronews (in English) Duration: 00:53Published