Turmoil in emerging markets

Argentina’s bond crisis, Donald Trump’s Iran shock and the US-China trade wrangles all bode ill for emerging markets and have awakened fears of tests for global financial safety nets. Here’s the best of this week’s opinion and analysis

© FT montage / Bloomberg

If the country’s turmoil spreads, the safety nets will undergo a severe testing

As the dollar rises, economies from Turkey to Argentina are vulnerable

No sovereign power could accept the humiliating demands being made by the US

Despite President Macri’s efforts at reform, the country faces a new financial crisis

In 2001, IMF-backed policies brought Argentina to its knees. What will happen now?

The FT’s newsletter on the world of investment

The fund must not bend its lending rules to help out Mauricio Macri

From Philip Bowring, Hong Kong