Brazil and Argentina announced last week that they are starting preparatory work on a common currency, in a move which could eventually create the world’s second-largest currency bloc. Does this move make any sense?

Xi Jinping just got a rare third term as the head of China's ruling Communist Party. But having so much power comes with big tradeoffs and implications for China — and the rest of the world. Zero-COVID is saving Chinese lives, yet killing the Chinese eco...

China’s massive trade surplus helped to offset capital outflows in the first half of the year, anchoring its balance of payments even as the Federal Reserve’s aggressive interest rate hikes fuel outflows from developed and emerging markets alike.