10:49 am December 17, 2014 | No Comment
Investors woke up today to Russia’s 1 a.m. interest-rate increase to defend the ruble. There’s the mounting likelihood of a Venezuelan default. Stocks from Thailand to Brazil are reeling. The Fed hasn’t even begun raising interest rates.
7:27 pm December 16, 2014 | No Comment
The last time a dollar bought as many rupiah as it does now, Indonesian dictator Suharto had just been ousted and the government was paying 70 percent to borrow money for a month after an International Monetary Fund bailout.
4:22 pm December 16, 2014 | No Comment
Crime and corruption are draining a record $1 trillion a year from poor and middle-income nations with the disappearance of dirty money hitting some of the world's poorest regions hardest, a report showed on Monday.
1:45 pm December 16, 2014 | 1 Comment
Emerging markets today look a lot like they did back then. Yet there have been key changes that could help most of them escape full-blown crises. Here’s a look at the similarities and differences between now and then.
9:16 pm December 15, 2014 | 3 Comments
There needs to be an acceleration of construction of the toll roads that have been on the drawing board for several years, often stymied by land acquisition issues as well as lack of concessionaire capacity, and the development of the ensuing generation of toll road links that are needed now as well as those going to be needed to serve, in the case of Greater Jakarta, the large population expansion expected over the next three decades.
2:16 pm December 15, 2014 | No Comment
Emerging markets' popularity with investors is ebbing as a strong dollar lures money away and commodity prices fall, but some governments promising tough economic reforms may stem the flow of capital leaving.
8:35 am December 15, 2014 | No Comment
The European Union's vaunted investment plan, due to be formally blessed by the bloc's 28 leaders at a summit this week, may be a day late and several euros short to revitalize a stagnant economy.
9:53 am December 11, 2014 | 1 Comment
As the US dollar soared in recent weeks on expectations of higher US interest rates next year, fueled by the creation of third of a million American jobs last month, currencies of high growth but slowing emerging economies fell like dominoes.
9:57 am December 10, 2014 | 2 Comments
Uber, the ride-sharing service and Silicon Valley superstar startup, has hit problems around the world which threaten to put the brakes on its spectacular growth.
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