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The RBI faces challenges providing liquidity amidst India's banking system issues, as traditional OMOs have limited impact due to regulatory and structural constraints. Reforms in CRR and LCR requirements could inject direct liquidity, while innovative measures like long-term repo operations and dynamic LCR adjustments might support broader credit growth and equitable economic growth.
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Colombia's President Gustavo Petro has declared that U.S. deportation flights with Colombian migrants will be barred from entering Colombia's airspace. Petro demands a protocol from Washington ensuring dignified treatment of deported migrants, following Brazil's recent outcry over their citizens' treatment in the United States.
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An announcement is expected next week, as part of major speech on plans to boost the economy.
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News and Media
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