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Indian rupee falls to all-time low against dollar

Indian rupee falls to all-time low against dollar

The Indian rupee fell to an all-time low Tuesday against the U.S. dollar amid worries that Turkey‘s growing financial crisis could spread to other developing-world economies. Indian Economic Affairs Secretary Subhash Chander Garg told reporters that there was “nothing at this stage to worry” about after the rupee reached 70.1 to the dollar earlier in […]

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Lira crisis: What’s next for Turkey?

Lira crisis: What’s next for Turkey?

The worst may be yet to come for Turkey. The Turkish lira has dropped more than 40% against the dollar since January, thrashed by a potent mix of confrontational politics, economic policy confusion and US interest rate hikes. The escalation of a political spat with the United States has fueled volatility and further devalued the […]

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Artists paint a way forward for a sector in decline

Artists paint a way forward for a sector in decline

NAVA executive director Esther Anatolitis. Photo: Daniel Gardeazabal Some 200 artists and arts professionals from across Australia are gathering at Canberra’s Parliament House on Wednesday, hoping to persuade politicians of the urgent need to formulate a “national cultural agenda”. Future/Forward – an inaugural two-day symposium, which began on Tuesday at the National Gallery of Australia – […]

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