A currency crisis has hit many developing economies. It started when the US showed signs of making an economic recovery. That led to investors taking their money out of the emerging world and putting it back into the United States.
Critics fear the US central bank's decision to raise its core interest rate will choke off growth in the United States or in emerging markets. But DW's Rolf Wenkel isn't worried, saying the move was long overdue.
The World Bank's forecast marks a slight slowdown to last year's projected growth figures for the eurozone. The US and commodity-exporting nations are expected to reap the most benefits in 2017.
The US Federal Reserve is set to increase the core interest rate it charges banks for overnight loans for the first time in nearly a decade. How will markets and economies react to the turnaround?
While the Fed's rate raise was welcomed in Asia as a sign of strength, experts warn the impact may be much more severe by the end of next year, with US policymakers projecting four quarter-point rate hikes. DW examines.
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