The former European Central Bank supremo has been generally seen as a good hire for Italy, but there are also global issues at play.
Zimbabwe wants to issue a sovereign bond to raise $3.5 billion it has agreed to pay as compensation to white farmers, but the economic and political conditions aren’t conducive to such an issuance.
Climate-related financial risks have already entered the corporate boardroom. With this case, they’ve now come knocking at the government’s door.
With government debt soaring following moves to combat the coronavirus pandemic, now is the ideal moment to change how states borrow money.
The new government of Alberto Fernandez must now deal with Argentina’s least favourite international organisation.
The euphoria that accompanied João Lourenço’s new presidency has ebbed away amid the stark realities of a profoundly dysfunctional political economy.
How South African manages the fallout from its likely downgrade by Moody’s in November will determine whether the country will be forced to turn to the IMF for a bailout.
Quantitative easing cannot single-handedly save Europe.
The Greek rejection of the bailout means it’s time to brace ourselves: Grexit is now an 80% probability.