Argentina Names New Central Bank Chief as Peso’s Plummet Worsens
July 11, 2018

Argentina’s central bank is getting a new chief after the monetary authority failed to stop the peso’s plunge despite obtaining the biggest loan in the history of the International Monetary Fund.

Luis Caputo, previously the finance minister, will take over Continue reading

U.S. Leaves Door Open to Talks With China Amid Trade-War Fears
April 10, 2018
  • Trump says on Twitter the U.S. isn’t in a trade war with China
  • Stocks reverse losses as Mnuchin signals openness to talks

The Trump administration indicated it’s willing to negotiate with China on escalating frictions between the world’s two biggest Continue reading

How Saudi Arabia Is Building Its $2 Trillion Fund
October 26, 2017

Saudi Arabia is stepping up plans to turn its sovereign wealth fund into a global giant. This week, it’s holding a coming-out party of sorts for the Public Investment Fund, which is central to the government’s effort to diversify the economy away from oil, under Continue reading