Jonathan Wheatley

Monday, 29 May, 2023

Friday, 19 May, 2023

Emerging market investing

Investors snap up local currency bonds as dollar debt loses allure

Falling inflation and high interest rates in emerging markets attract investor flows

Thursday, 18 May, 2023

Ghana

Ghana secures $3bn IMF deal after creditors agree to debt restructuring

China, which is owed $1.5bn, among those that reached agreement on resolving long-running economic crisis

Monday, 15 May, 2023

Turkish economy

Turkish default protection costs soar as Erdoğan leads presidential vote

Cost of credit default swaps records biggest rise in two years, while bonds sell off

Wednesday, 19 April, 2023

Global InsightSovereign debt

Beijing’s rise leaves Paris Club of creditors struggling to find forum

Breaking the debt deadlock will require China to adopt a more collegial approach

Sunday, 16 April, 2023

Sovereign debt

IMF calls on African nations’ creditors to step up debt relief efforts

Fund’s regional chief says a ‘Gleneagles-like moment’ is required to agree desperately needed reforms

Friday, 14 April, 2023

FT SeriesDebt deadlock

Ghana default puts domestic debt ‘can of worms’ in the spotlight

IMF insists for first time that a government must deal with local creditors before it will approve a bailout

Thursday, 13 April, 2023

FT News Briefing podcast10 min listen

Emerging markets debt crunch

US inflation eased to lowest level in nearly two years

Tuesday, 11 April, 2023

Global Economy

Poorest countries find finances under pressure from higher rates

Debt burdens as a proportion of government revenues at highest level since 1998, research shows

Monday, 10 April, 2023

Ghana

Ghana’s bilateral creditors set to clear way for $3bn IMF bailout

Accra’s finance minister is optimistic foreign governments will agree on debt relief deal

Thursday, 6 April, 2023

War in Ukraine

Bank of America cuts short conference after outrage at comments on Ukraine war

Event was ‘overwhelmingly pro-Russian’, says one attendee, as bank calls clients to apologise

Friday, 24 March, 2023

News in-depthSri Lanka

Sri Lanka reels from aftershocks of debt crisis

Colombo seals IMF deal but many remain sceptical about the country’s path to recovery

Tuesday, 21 March, 2023

FT News Briefing podcast10 min listen

Will a $3bn bailout be enough for Sri Lanka?

First Republic plunges on deposit flight and credit rating hit

Tuesday, 21 March, 2023

Sri Lanka

IMF approves $3bn bailout for Sri Lanka

Fund’s board backs package weeks after Beijing drops resistance

Tuesday, 7 March, 2023

Sri Lanka

Sri Lanka’s IMF deal edges closer as China backs debt restructure

Fund says agreement paves way towards $2.9bn rescue package

Monday, 27 February, 2023

Global inflation

BIS warns against bets of early rate cuts

Remarks signal borrowing costs set to remain higher for longer than investors are pricing in

Saturday, 25 February, 2023

War in Ukraine

G20 meeting ends in discord as Russia and China refuse to condemn Ukraine war

India’s finance minister would not say whether her country was among the nations that backed the criticism

Friday, 24 February, 2023

Global InsightGlobal Economy

China’s foreign loans are becoming a US burden

Critics, including Janet Yellen, say Beijing’s bilateral lending comes at the rest of the world’s expense

Wednesday, 22 February, 2023

Emerging markets

Developing countries’ debts mount as pandemic and strong dollar hit finances

Institute of International Finance reports debt burdens for large low- and middle-income countries are at record highs

Friday, 17 February, 2023

World Bank

Poverty campaigners call for leadership overhaul at World Bank

Departure of David Malpass spurs charities and NGOs to step up efforts to reform multilateral lender

Wednesday, 15 February, 2023

Emerging market investing

Strong dollar fuels wave of emerging market currency devaluations

Economists say more countries likely to follow Egypt, Pakistan and Lebanon in letting currencies weaken

Friday, 10 February, 2023

News in-depthEmerging market investing

Should retail investors back emerging markets?

Experts are divided over whether developing economies represent potential value

Thursday, 26 January, 2023

Emerging market investing

Investors pour money into emerging markets at near-record rate

More than $1bn has flowed into stocks and bonds every day this week in strong start to 2023

Thursday, 12 January, 2023

Markets InsightBrazil

Riots add to investors’ fears over Brazilian politics

If economy falters, Lula might be less willing or able to take measures to balance the country’s books

Tuesday, 10 January, 2023

Global Economy

World Bank warns global economy on ‘razor’s edge’ of recession

Officials say worst-case projections in summer 2022 are now their baseline scenario

Emerging markets correspondent

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