ABU DHABI / WAM Etihad Airways, the national airline of the United Arab Emirates, has ...
Read More »Start worrying about emerging markets
For all the hand-wringing over when and how the Federal Reserve would begin tapering its massive bond-buying program, emerging nations appear to be relatively well-prepared for higher U.S. interest rates. Compared with the period before the 1997 financial crisis, many of them have ably shored up their defenses — freeing exchange rates, amassing foreign-exchange reserves and paring back their ...
Read More »