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US Treasury blocks Russian bond payments, raising risk of default

Russia’s efforts to avoid sovereign default were undermined by a new United States sanction. ....

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Emerging market stocks in pole position to gain as world reopens

There are already signs the gap is narrowing, with the MSCI Emerging Markets Index last month outperforming the MSCI World Index for the first time since January. ....

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West Wing Mind Meld

Yellen on Biden's plans — Warren pressures Gensler ....

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Biden infrastructure bill highly uncertain

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Stocks Edge Lower as China Factory Inflation Jumps: EM Review

Publishing date: Apr 11, 2021 • April 11, 2021 • 3 minute read •
Article content
(Bloomberg) Emerging-market stocks crept lower over the week with the bulk of the declines on Friday after China said producer prices jumped in March, adding to concern inflation is gathering pace. It was a similar story in the U.S., where faster-than-expected producer-price inflation reported the same day pushed Treasury yields back up, crimping weekly gains in developing-world currencies.
The following is a roundup of key emerging-market news for the week through April 9:
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Highlights:
International Monetary Fund upgraded its global economic growth forecast for the second time in three months, predicting a 6% expansion. The fund also said China will drive the expansion in the coming years as the world recovers from the pandemicJerome Powell pledged to get the U.S. back to ....

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