Emerging markets

Experts: Bulgaria is Among the Least Endangered Countries in the Currency Crisis Happening Around the World

Seven emerging economies are at risk of a crisis in the exchange rate. They are Sri Lanka, South Africa, Argentina, Pakistan, Egypt, Turkey and Ukraine, experts from Nomura Holdings, quoted by Bloomberg, said in an interview.

China urges resistance to protectionism

Chinese President Xi Jinping told an international summit on Sept. 5 that although the global economy had improved, risk factors had also increased.

Addressing the "Dialogue of Emerging Market and Developing Countries," Xi appeared to rebuke the United States's recent resistance to international agreements - including the Paris climate accord. 

Stocks, currencies fall after Fed's Yellen signals rate hikes

Emerging market stocks fell on Jan. 19 and currencies struggled to make much headway after U.S. Federal Reserve chair Janet Yellen said interest rates should rise steadily, boosting the dollar.

In a Jan. 18 speech Yellen said it made sense to raise rates given that the U.S. economy was close to full employment. 

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