Emerging-Market Funding Gets Creative as Dollar Bonds Dry Up
At the BRICS summit in Johannesburg this week, a key item on the agenda was reducing dollar dependence
2023-08-27 20:50
China Remains Embedded in US Supply Chains: Jackson Hole Paper
China remains embedded in US supply chains even as American firms have taken steps to reduce direct imports
2023-08-26 22:54
Charting the Global Economy: Euro Area Activity Retrenches
The contraction in euro area business activity deepened this month, most notably in Germany where the decline was
2023-08-26 17:54
BlackRock-Backed Puerto Rico Utility Deal Would Cut Debt by 75%
Puerto Rico’s bankrupt power utility has reached a deal with BlackRock Financial Management and Nuveen Asset Management to
2023-08-26 12:24
BRICS Is Too ‘Beautiful’ to Change
The acronym was simply too good to lose: BRICS. “BRIC, ” the original turn of phrase, was coined
2023-08-25 02:19
DeSantis Vows to Send US Military Into Mexico to Stop Fentanyl Labs
Republican presidential candidate Ron DeSantis pledged to send US special forces into Mexico to destroy fentanyl labs, disrupt
2023-08-25 00:29
Asian Bonds Beat Emerging Peers Who Have Rate Cut Advantage
Emerging Asia ex-China bonds have beaten their developing-nation peers this quarter, and this outperformance looks set to continue
2023-08-24 14:20
US in Talks With Venezuela Over Sanctions Relief in Return for Fair Elections
The Biden administration is in talks with Venezuela to explore a temporary lifting of crippling sanctions in exchange
2023-08-24 09:59
Argentina Says IMF to Allow Currency Intervention to Hold Range
The International Monetary Fund will allow Argentina to intervene in currency markets if the peso drifts above or
2023-08-24 08:29
Brazil’s Congress Gives Final Approval to Lula’s Fiscal Plan
Brazil’s lower house of congress approved new fiscal rules on Tuesday, finalizing legislation meant to shore up public
2023-08-23 08:48
BRICS Latest: Reducing Dollar Reliance Tops Summit Agenda
Leaders of the BRICS nations will focus on ways to reduce dependence on dollars when they meet starting
2023-08-22 14:59
Singapore Busts $736 Million Laundering Ring Holding Bentleys and Luxury Houses
Singapore charged 10 foreigners Wednesday in one of its biggest money laundering and forgery cases involving about S$1
2023-08-22 12:46