Global tightening cycle begins to lose steam across the developing world
As the concern around global tightening reached a pitch, Australia - traditionally a leading indicator for bond markets - supercharged...
Monetary Policy
US deploys frozen Afghan central bank assets
When the Taliban overran Afghanistan in August 2021, the US froze $7 billion in Afghan central bank assets. As Afghanistan’s...
Long-feared rate rises being to crush emerging and frontier markets
Long-Feared Rate Rises Begin to Crush Emerging Markets. Emerging market debt loads, long elevated, appear increasingly unstable as a strong dollar,...
Croatia approved to join Eurozone amid demographic collapse and a spotty recovery
European Union regulators certified Croatia's eligibility to adopt the euro next year, reports the WSJ’s Tom Fairless. The European Commission said...
