As the US Federal Reserve curbs stimulus, investors are moving their money back into the country to make the most of higher yields -- at the expense of many emerging markets, including Russia.
Zimbabwe is in crisis after the tanks moved in to seize control of the country. But with inflation at 50 percent a month and a shortage of US dollars, it's economic instability that has stoked the current tensions.
Ahead of a key meeting with creditors in Caracas about $60 billion of debts, the president has insisted Venezuela will never default on its debt. Meanwhile, the EU has moved to impose sanctions including an arms embargo.
Russia's central bank has cut its key interest rate again as inflation hits a record low. The nation is struggling to pick up speed after a drawn-out recession, with a lack of structural reforms making recovery volatile.
The US ambassador to the UN, Nikki Haley, recently said the key to India becoming a permanent member of the UNSC is "not to touch the veto." But why would New Delhi and other aspirants accept such a position?
© 2017 Deutsche Welle |
Legal notice |
| Mobile version