War, Debt Distress, Inflation: G-20 Finance Chiefs Spar in India
The finance and central bank chiefs of the world’s largest economies will debate the risks of Russia’s prolonged
2023-07-15 10:48
Wall Street Is Buying Into Dollar Smile Theory at a Frantic Pace
For Stephen Jen, the famous dollar prognosticator, the Federal Reserve looks all set to win its war on
2023-07-14 14:25
Credit Suisse Stands Out as Rare Case of Bank Disclosing EM Debt
Credit Suisse is one of a handful of global banks publicly disclosing some loans to poor countries, as
2023-07-14 12:20
Congo Struggles to Steady Franc Amid Conflict, Election Spending
The value of Democratic Republic of Congo’s currency continues to slide as security and pre-election spending, coupled with
2023-07-12 13:16
Fitch Upgrades Pakistan Rating After $3 Billion IMF Deal
Fitch Ratings Inc. upgraded Pakistan on an improving funding environment following its initial loan deal with the International
2023-07-11 15:29
Egypt’s Inflation Soars to Record as Food Drives Surge Past 35%
Consumer prices in Egypt soared at a record pace, a reflection of pressures on food costs after the
2023-07-10 13:55
Powell Haunted by Repo Crisis as Fed Aims to Cut Balance Sheet
Tucked away in hours of congressional testimony by Federal Reserve Chair Jerome Powell last month was an admission
2023-07-10 03:19
Bonds on the Brink Reward EM Investors With Double-Digit Returns
Investors who stuck with bonds from countries that defaulted or are on the brink are betting the double-digit
2023-07-09 20:17
One Country’s Covid Restrictions Are Turning Into a Moneyspinner
Most countries couldn’t wait to dismantle travel curbs that were used to contain the coronavirus. Azerbaijan is gaining
2023-07-09 14:59
Saudi Oil Cuts Throw Last Year’s Standout Economy Into Slow Lane
Saudi Arabia’s decision to extend its oil production cuts — part of a so far largely unsuccessful bid
2023-07-09 13:19
Markets Turn Against UK as Inflation and Growth Outlook Darkens
Markets have turned against the UK for the second time in under a year as the outlook for
2023-07-08 13:54
UK to Sign Pacific Trade Deal, Shifting Focus to China
The UK is set to sign a Pacific trade deal in Auckland next weekend, formally becoming the first
2023-07-08 07:27