So, Kenya and the IMF Are in a Standoff. It’s Getting Tense. Let’s talk about money. Or, more accurately, let’s talk about the lack of it and what happens when the world’s most powerful lender of last resort and a major African economic powerhouse can’t quite see eye-to-eye. Kenya is in a bind, and the […]
That Familiar Tug-of-War: IMF Rings Alarm Bells (Again) as Strong Dollar Squeezes Emerging Markets You know that feeling when you borrow money in one currency, but your income comes in another? Imagine that on a national scale, multiplied by a few billion, and you’ve basically got the sweaty-palmed reality facing dozens of emerging market economies […]
