Relevant:
- Fed Officials Rebuff Calls for Global Coordination as Taper Looms
- Emerging market currencies crash on Fed fears and China slump
- Oil producers get worst possible outcome, destroy remaining credibility
- Goldman: This is the third wave of the financial crisis
- Fed governor sees US contagion, not 'decoupling'
2014-01-25 — bloomberg.com
``The worst selloff in emerging-market currencies in five years is beginning to reveal the extent of the fallout from the Federal Reserve's tapering of monetary stimulus, compounded by political and financial instability.''
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