When they discuss the currency crisis, senior officials from Argentina and the International Monetary Fund (IMF) will seek a response that strikes a balance between domestic policy changes and external financing aid, a task that has been complicated by political and trust issues. While Argentina is almost certain to get some concessions from the IMF, a decisive solution will be ...

Aren’t the strong meant to end up eating the weak? That’s not what’s happening in Australia, where Vodafone Hutchison Australia Ltd. or VHA — an unlisted company with negative net assets and A$7.57 billion of net debt at the end of 2017 — is on paper carrying out a takeover of TPG Telecom Ltd. While the deal is billed as ...

The US economy will grow a bit faster than China. Huh? That’s not a typo. It’s one of the projections in a fascinating OECD paper sketching scenarios for the world through 2060. Other developments canvassed: China’s share of global output peaks in the 2030s and then declines while India’s slice keeps rising. Indonesia’s economy catches up to its population. The ...