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Jonathan Wheatley

Emerging markets correspondent

Email Jonathan Wheatley @Jonthn_Wheatley  on Twitter (link opens in a new browser window)

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  • Tuesday, 21 March, 2023
    FT News Briefing podcast10 min listen
    Will a $3bn bailout be enough for Sri Lanka?

    First Republic plunges on deposit flight and credit rating hit

  • Tuesday, 21 March, 2023
    Sri Lanka
    IMF approves $3bn bailout for Sri Lanka

    Fund’s board backs package weeks after Beijing drops resistance

  • Tuesday, 7 March, 2023
    Sri Lanka
    Sri Lanka’s IMF deal edges closer as China backs debt restructure

    Fund says agreement paves way towards $2.9bn rescue package

  • Monday, 27 February, 2023
    Global inflation
    BIS warns against bets of early rate cuts

    Remarks signal borrowing costs set to remain higher for longer than investors are pricing in

  • Saturday, 25 February, 2023
    War in Ukraine
    G20 meeting ends in discord as Russia and China refuse to condemn Ukraine war

    India’s finance minister would not say whether her country was among the nations that backed the criticism

  • Friday, 24 February, 2023
    Global InsightGlobal Economy
    China’s foreign loans are becoming a US burden

    Critics, including Janet Yellen, say Beijing’s bilateral lending comes at the rest of the world’s expense

  • Wednesday, 22 February, 2023
    Emerging markets
    Developing countries’ debts mount as pandemic and strong dollar hit finances

    Institute of International Finance reports debt burdens for large low- and middle-income countries are at record highs

  • Friday, 17 February, 2023
    World Bank
    Poverty campaigners call for leadership overhaul at World Bank

    Departure of David Malpass spurs charities and NGOs to step up efforts to reform multilateral lender

  • Wednesday, 15 February, 2023
    Emerging market investing
    Strong dollar fuels wave of emerging market currency devaluations

    Economists say more countries likely to follow Egypt, Pakistan and Lebanon in letting currencies weaken

  • Friday, 10 February, 2023
    News in-depthEmerging market investing
    Should retail investors back emerging markets?

    Experts are divided over whether developing economies represent potential value

  • Thursday, 26 January, 2023
    Emerging market investing
    Investors pour money into emerging markets at near-record rate

    More than $1bn has flowed into stocks and bonds every day this week in strong start to 2023

  • Thursday, 12 January, 2023
    Markets InsightBrazil
    Riots add to investors’ fears over Brazilian politics

    If economy falters, Lula might be less willing or able to take measures to balance the country’s books

  • Tuesday, 10 January, 2023
    Global Economy
    World Bank warns global economy on ‘razor’s edge’ of recession

    Officials say worst-case projections in summer 2022 are now their baseline scenario

  • Monday, 9 January, 2023
    Emerging market investing
    Emerging market stocks jump 20% from October low

    Bets on slower Federal Reserve rate rises stoke ‘increasing enthusiasm’ over asset class

  • Wednesday, 21 December, 2022
    Sovereign bonds
    World Bank chief economist calls for overhaul of government bailouts

    Indermit Gill says existing framework offers developing countries ‘too little, too late’

  • Monday, 19 December, 2022
    Ghana
    Ghana halts payments on large swaths of foreign debt

    Highly indebted African nation is facing a ‘major economic and financial crisis’

  • Thursday, 15 December, 2022
    Global Economy
    Falling inflation and smaller rate rises in US give hope to emerging markets

    Analysts caution however that developing countries would not automatically be able to start cutting interest rates

  • Tuesday, 6 December, 2022
    Global Economy
    World Bank warns of mounting debt burden for poorer countries

    Higher interest rates and slump in currencies raise debt servicing costs by more than a third

  • Monday, 5 December, 2022
    News in-depthMarkets volatility
    Financial instability: the hunt for the next market fracture

    Investors are keeping a close eye on areas ranging from US Treasury market illiquidity to Japanese government debt

  • Wednesday, 26 October, 2022
    Emerging market investing
    Wall Street banks split over EM equities outlook after $2tn rout

    Wipeout presents ‘exciting’ opportunities for Morgan Stanley but Goldman casts doubt on recovery

  • Monday, 24 October, 2022
    Special ReportFTfm: Fixed Income
    Emerging market bond slump creates opportunities for investors

    Analysts predict greater recovery potential than for developed economies if inflation and interest rates stabilise

  • Wednesday, 19 October, 2022
    LexBrazilian politics
    The Lex Newsletter: Brazil’s election splits the country in two Premium content

    In some policy areas, the two candidates are not dissimilar but in other respects, they are oceans apart

  • Friday, 7 October, 2022
    Sri Lanka
    Sri Lanka debt talks with China a test of creditor appetite for bailout

    Crisis-hit Colombo needs commitments from big lenders to unlock IMF rescue package

  • Tuesday, 4 October, 2022
    Indian business & finance
    JPMorgan declines to add India to widely followed bond index

    Bank’s decision follows investor concerns over country’s market infrastructure

  • Sunday, 2 October, 2022
    Emerging market investing
    Outflows from emerging market bond funds reach $70bn in 2022

    Investors head for exit as rising rates in big economies and strong dollar hit sentiment

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