Emerging Markets

Oil Plunge Raises Fears of Societal Unrest

Analysts at places like RBC Capital Markets have been warning that chronically low oil prices plunging towards seven-year lows means increasing social chaos in countries on the edge—including those battling ISIS.

'Fed Fatigue' Has Set In

Markets are taking a pause from basing every move on the latest rhetoric out of the Fed regarding the timing of the first interest rate hike in nearly a decade.

Beijing Makes Emergency Move to Relieve Markets

Chinese stocks rose on Monday, as an unprecedented series of support measures unleashed by Beijing brought some relief to a market whose headlong slide over the past three weeks had raised fears about the stability of the world's second-biggest economy.

Puerto Rico Governor Says Island Can't Pay its Public Debt

The governor warned that Puerto Rico can't pay its $72 billion public debt on the eve of a private Monday meeting with legislators, delivering another jolt to the recession-gripped U.S. island as well as a world financial system already worrying over Greece's collapsing finances.

Greece Imposes Capital Controls as Crisis Deepens

Greece moved to check the growing strains on its crippled financial system on Sunday, closing its banks and imposing capital controls that brought the prospect of being forced out of the euro into plain sight.

Inside Nepal’s Devastating Earthquake

A powerful 7.8 magnitude earthquake hit Nepal on April 25th. It’s now blamed for at least 4,000 deaths with officials warning that the death toll could rise even higher. Reconstruction is estimated to cost billions. We take a deeper look at this tiny Himalayan region and it’s history.