Emerging market assets, which initially experienced a stock downturn and extended to currencies earlier this month, are now impacting bonds. This shift comes as traders rapidly revise bets in anticipation of interest rate cuts. On Thursday, the average insurance cost against default rose across 20 emerging economies, marking its most significant monthly surge since last […]
Related Posts
Lula Brings Former Bolsonaro Allies into Brazil’s Government
Lula da Silva recently expanded his cabinet. He added two parties that once backed Jair Bolsonaro. Each new party gets a ministry, raising the total cabinet count to 38. This is Lula’s second effort to grow his legislative support. Lula shared the news last Wednesday. He spoke to the nation on Independence Day. The next […]
Africa’s Vaccine Revolution: A Roadmap to 2040
In a significant development, the African Union aims for 60% local vaccine production by 2040, steering towards health independence. The Africa CDC spearheads this effort, transitioning Africa from a small to a significant pharmaceutical contributor. Prompted by COVID-19’s challenges, the initiative stresses the necessity for Africa’s own production capacities. The 2021 Partnerships for African Vaccine […]