emerging markets

Argentina's Milei pitches to Wall Street as investors reassess emerging markets Last week, the Argentine local stock benchmark (MERV) touched its lowest level since October, while the dollar bond yield spread to U.S. Treasuries widened in line with the ‌global benchmark. "A geopolitically...

Emerging markets have ignored the ‘Buenos Aires consensus’ Serial debt defaulter countries have become remarkable bastions of economic resilience by adopting the prudent macroeconomic policies advocated by the IMF. Kenneth Rogoff Columnist As finance ministers and central bankers convened in...