World News

U.K. Bonds Drop a Third Day as Pound Rises After Inflation Data

U.K. government bonds declined, with 10-year yields rising for a third day, after a report showed consumer-price inflation accelerated for the first time in 10 months in April. The pound climbed to a 16-month high against the euro. Consumer prices rose an annual 1.8 percent last month, compared with 1.6 […]

Lagarde Adds Voice to ‘Bring Back Our Girls’ Campaign in Nigeria

International Monetary Fund Managing Director Christine Lagarde joined public figures including U.S. First Lady Michelle Obama in calling for the release of girls kidnapped by Islamist group Boko Haram in Nigeria. “In a deep sense, the actions of Boko Haram represent the complete antithesis of the values inherent in education,” […]

The New Frontier: Economies on the Rise

May 19, 2014  By Min Zhu There is a group of fast-growing low-income countries that are attracting international investor interest—frontier economies. Understanding who they are, how they are different, and how they have moved themselves to the frontier matters for the global economy because they combine huge potential with big […]