Taiwan or a $10 Trillion Risk for the Global Economy
A war with Taiwan would have such an enormous cost that even those most dissatisfied with the status quo have reasons not to risk it....
Category: Emerging Markets
The Bursting of the Chinese Real Estate Bubble: A Policy Mistake?
In 2020, the darling of bond investors was called Evergrande. Investors loved the debt of the Chinese real estate conglomerate. It was liquid, linked to...
The Gaza conflict is another issue for central bankers
Two European giants in oil and gas declared on Monday that their oil tankers would avoid the waters off the coast of Yemen, a crucial...
A shock for the emerging world: the victory of Javier Milei in Argentina
“Libertarian outsider Javier Milei has won the Argentine presidency, promising a radical overhaul to address decades of political mismanagement. His strategy resonated with a population...
A $400 billion debt burden threatens emerging market companies
Cracks are deepening for vulnerable companies in emerging markets as global borrowing rates reach their highest levels since the financial crisis, disrupting opportunities to refinance...
Challenging time for the Indian economy
Indian households are saving less than they have in half a century. According to the Reserve Bank of India, household net savings in 2022-23 accounted...
The Indian Central Bank adopts a hawkish stance with a surprise bond plan
The Reserve Bank of India has adopted a hawkish policy stance, stating that inflation remains too high and that it might take measures to absorb...
The Credit Collapse in China
As the country’s real estate companies stumble, weak disclosure standards and contradictory communications are angering global bondholders and discouraging long-term investment in China. Dalian Wanda...
A chaotic August for emerging markets
Developing economies are on track to experience their worst monthly losses since September last year, after the Central Bank of Nigeria revealed lower reserves than...