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    Jonathan Wheatley

    Emerging markets correspondent

    Email Jonathan Wheatley @Jonthn_Wheatley  on Twitter (link opens in a new browser window)

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    • Monday, 29 May, 2023
      News in-depthEmerging markets
      Emerging markets warned against swift rate cuts until inflation is under control

      Fuel and food costs ease in central Europe and Latin America but core price pressures upset plans to kick-start growth

    • 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

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