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The bulls return to emerging markets
Last month, the MSCI Emerging Markets index outperformed developed markets for the first time since January.
United states
United kingdom
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South africa
Jonathan wheatley
William jackson
Vincent tsui
Chris dillow
Udith sikand
International monetary fund
Kaushik basu on project syndicate
Gavekal research
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Middle east
Latin america
India s pandemic turmoil hits emerging markets
© Naveen Sharma/SOPA Images/LightRocket via Getty Images “India’s problem is the world’s problem”, says Yasmeen Serhan in The Atlantic. Just weeks ago, the country thought it had put the Covid-19 pandemic behind it. Then it reported more than a million new cases and over 8,000 deaths over a three-day period, setting grim new global records in the process. As the virus sweeps through developing countries “the world is on track to record more Covid-19 deaths this year than it did in 2020”. Difficult months ahead India’s tragedy has exposed a fragile medical system, says Michael Safi in The Guardian. It spends just 1% of GDP on its state healthcare service, one of the lowest figures in the world. The country was the world’s biggest vaccine producer heading into the pandemic but vaccinating 1.39 billion people is no easy task: less than 10% of the population has received a first shot.
South africa
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Latin american
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