President Enrique Peña Nieto’s reformist makeover of Mexico has wowed markets and foreign investors, if not Mexicans. Martin Wolf, chief economics commentator at the Financial Times, talks to the FT’s John Paul Rathbone about the country’s prospects.
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As the European Central Bank considers adopting negative interest rates to counter low eurozone inflation, FT economics editor Chris Giles explains what you need to know about negative interest rates − in 60 seconds.
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The FT’s Robin Wigglesworth and Joseph Cotterill discuss Argentina’s decision to pay back its debt to the Paris Club of creditors. Argentina lost access to capital markets after its $100bn sovereign default 13 years ago.
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“…fear was a sign you were awake and intelligent. Anyone who wasn’t scared had no idea how close we were to the abyss. I was scared, too.”
– Tim Geithner, Stress Test: Reflections on Financial Crises
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Global Macro Monitor 