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“It’s Not Really About Bitcoin Price Surging, It’s Fiat Currencies In Free Fall”

Authored by Joseph Young via CoinTelegraph.com, According to Stefan Molyneux, a highly regarded Canadian podcast host, it is more important to recognize the free fall of fiat currencies, more so than to acknowledge the exponential growth rate of Bitcoin. Molyneux says: “It's not so much that Bitcoin is going through the roof – it's that […]


Moody’s Boosts Modi: India Gets First Sovereign Credit Upgrade Since 2004

Moody’s upgrade to India’s credit rating comes as a much-needed boost for India’s Prime Minister, Narendra Modi, who has been criticised for the fallout from the goods and services tax (GST) and demonetisation reforms. Indeed, Moody’s argued that Modi’s reforms will help to stabilize India’s rising debt levels. According to Reuters. Moody's Investors Service upgraded […]


India’s Sovereign Bond Market In Trouble As Inflation Rebound Surprises

Another day and another Indian inflation reading comes in “hotter” than markets expected. Yesterday, India’s CPI printed at 3.58% for October 2017 – its highest level in seven months – versus the consensus expectation of 3.43%. The September 2017 reading was 3.28%, itself marking a strong rebound from the recent low of 1.46% in June […]


Modi Throws $32bn At Indian State Banks – Share Prices Surge

Share prices of Indian state banks surged as the government announced it would hand over $32bn to recapitalize the sector. According to Reuters, the motivation was a bid by Prime Minister Narendra Modi to tackle a major drag on the economy that has frustrated his attempts to boost growth. Once the world’s fastest-growing major economy, […]


India ‘Elites’ Mimic Washington: Claim Russian ‘Twitter Troll’ Is Backing Opposition Party

Authored by Andrew Korybko via Oriental Review, The US-Indian Strategic Partnership has rapidly evolved to such a point that the Indian government is now obliquely hinting that Russian twitter trolls are backing the country’s opposition leader, showing that New Delhi is willing to say and do anything in order to further ingratiate itself with Washington […]


India May Issue Its Own Bitcoin-like Cryptocurrency As Legal Tender

Less than a year after India launched a shocking “war on cash” when on November 8, 2016 it unveiled a demonitization campaign in an effort to wipe out huge amounts of so-called ‘black money’ and streamline its largely cash-based economy, which however was called “a colossal failure which cost innocent lives and ruined the economy” […]


iPhone X So Expensive In India “You Can Fly To Hong Kong, Buy It, Come Back And Save Money”

One day after the most anticipated Apple product launch in 10 years, several problems have emerged for the much hyped iPhone X, face-recognition demo flop notwithstanding: it will be substantially delayed confirming all earlier reports of supply-chain bottlenecks, and it will be expensive, perhaps prohibitively so. The introductory prices of the iPhone 8 and the […]


RBI’s Rajan Warned Modi About “Short-Term Costs” Of Demonitization

In what’s likely to be remembered as one of the most spectacular policy failures in recent Indian history, Prime Minister Narendra Modi’s decision to abruptly cancel high-denomination banknotes – a move meant to punish corrupt officials and criminals – instead destroyed the savings of middle- and low-income Indians and caused widespread chaos in the country’s […]


Indian, Chinese Soldiers Clash Following Alleged Chinese “Incursion”

In what may be the first documented clash between Chinese and Indian soldiers who have been piling up across the border between the two nations over the latest territorial dispute, Reuters reports that “Indian and Chinese soldiers were involved in an altercation” in the western Himalayas on Tuesday, “further raising tensions between the two countries […]