When America’s stockmarket sneezes, Chinese policymakers catch a break
Tag: emerging
Picture of Toronto homelessness emerging from research into Out of the Cold program
Dennis Brooks says there are no warm places when you’re homeless. He should know. Originally from Glace Bay, N.S., Brooks, 54, was homeless in Toronto on and off for more than 20 years.
Emerging markets’ currencies have staged a comeback
AFTER DUSK men from Lea Lea, a village in Papua New Guinea, wade into the Coral Sea to spear fish sleeping near the seabed. Their torches twinkle in the darkness. But they are easy to miss against the riot of illumination from a $ 19bn liquefied natural gas plant. Built by ExxonMobil, it stores natural […]
Emerging markets’ currencies have staged a comeback
But threats to growth remain
How the big emerging economies climbed the World Bank business ranking
China emulates India and zooms up the league table
How the big emerging economies climbed the World Bank business ranking
THE CENTRAL SPORTHOTEL in Davos usually plays host to skiers intent on picturesque descents. But during the World Economic Forum in January it celebrated an eye-catching ascent. One side wall was bedecked with a poster of Narendra Modi, India’s prime minister. Its caption boasted that India had climbed 30 places in the previous year’s World […]
Rising oil prices catch emerging economies at a vulnerable moment
A crude awakening
Rising oil prices catch emerging economies at a vulnerable moment
OIL prices have a knack of jumping at the most inconvenient times. As in 2007, for instance, when the price of a barrel soared into triple digits, destabilising a world economy already heading for a financial crisis. Or, for that matter, now. At more than $ 80 per barrel, Brent crude is nearly twice as […]
The contrarian case for emerging markets
TWENTY years ago, on August 17th 1998, the Russian government devalued the rouble, defaulted on its domestic debts and suspended all payments to foreign creditors. It was one of the most dramatic days of a year-long emerging-market crisis that began with the devaluation of the Thai baht. South Korea and Malaysia would suffer brutal recessions. […]
‘Getting the dollar wrong is deadly’: A rapid rise in the dollar could cause a domino effect across emerging markets
Christian Charisius/Reuters The US dollar has already been rallying this year, which puts emerging markets with dollar-denominated debt in a hard position. A currency crisis in Turkey could lead to a “rapid appreciation,” analysts warn. Follow the dollar in real time here. A rallying US dollar has been clobbering emerging market currencies this year, and […]
