Markets cannot go on like this

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters … Read more

Javier Milei taunts economists as Argentina’s peso defies predictions of sharp fall

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Argentina’s peso has defied many analysts’ expectations and avoided a sharp fall following the relaxation of its fixed exchange rate this month, prompting libertarian President Javier Milei to mock economists who had warned of a … Read more