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Tue, Oct 15, 2019 07:15 AM All times are UTC Edition :

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Emerging Market Crisis Series

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Emerging market economies, such as India, Turkey, Indonesia, LatAm economies which have been a darling of investors even after 2008/09 financial crisis led to cheaper capital access to these economies and its corporates, a trend that continued for more than half a decade at rapid speed. Now, with US Federal Reserve looking to raise borrowing costs and slowdown in China, led these economies and their corporates into greater chaos. We, in this series discuss the vulnerabilities of emerging market.

Emerging Market Crisis Series

How to judge the success of the BRICS summit? Three questions will do the trick

Jul 09, 2018 14:20 pm UTC| Insights & Views

The 10th BRICS summit to be hosted by South Africa is going to be closely watched. It comes at a time when extraordinary global political and economic challenges are facing the world. The BRICS bloc is made up of 5 of...

Emerging Market Crisis Series

Ramaphosa must fuse fixing broken institutions and economic policy

Feb 20, 2018 07:16 am UTC| Insights & Views Economy

The state of the nation speech delivered by South Africas new president Cyril Ramaphosa was designed to project an image of hope and change. The new head of state emphasised the fight against corruption, improved...

Emerging Market Crisis Series

As corruption scandals spread, Brazil struggles to uphold the rule of law

Sep 11, 2017 13:08 pm UTC| Insights & Views Politics

With the current president Michel Temer under suspicion and two former presidents, Luiz Inácio Lula da Silva (Lula) and his successor Dilma Rousseff, now facing fresh corruption charges, Brazils political crisis is...

Emerging Market Crisis Series

Central bank case exposes incompetence of South Africa's public protector

Aug 22, 2017 15:13 pm UTC| Insights & Views Economy Law

The South African Reserve Bank has won a critical court battle. The Pretoria High Court has set aside a ruling by the countrys Public Protector that the central banks constitutional mandate should be changed. The...

Emerging Market Crisis Series

Death toll mounts in Rio de Janeiro as police lose control of the city -- and of themselves

Jul 18, 2017 13:53 pm UTC| Insights & Views Economy Life

On June 30, a baby was shot in his mothers belly in Rio de Janeiro. After the rifle fire hit 29-year-old Claudinéia in the hip in the Favela do Lixão neighbourhood, her son Arthur was delivered via emergency...

Emerging Market Crisis Series

Brazil plunges once more into political crisis, jeopardizing economic recovery

May 27, 2017 04:48 am UTC| Insights & Views Economy

Brazils massive corruption scandal which has brought down dozens of politicians and business leaders has ensnared its latest victim: President Michel Temer, who got the job after his predecessor was...

Emerging Market Crisis Series

Moody's: Negative outlook on Korean banking system amid challenging operating environment, deteriorating asset quality

May 10, 2017 01:09 am UTC| Research & Analysis

Moodys Investors Service says that its negative outlook for the Korean banking system reflects its assessment that the overall creditworthiness of Korean banks will deteriorate over the next 12-18 months. Moodys outlook...

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Economy

Australia’s ANZ-Roy Morgan consumer confidence registers second straight weekly loss, inflation expectations stable

Australias ANZ Roy Morgan consumer confidence index was down 1.2 percent last week, its second straight weekly loss ensuring confidence remains below its long-run average. The financial conditions sub-indices were...

Australian bonds jump after RBA September meeting minutes reflects "prepared to ease" policy stance

The Australian government bonds jumped during Asian trading session Tuesday after the Reserve Bank of Australias (RBA) September monetary policy meeting minutes hinted at further easing, noting prepared to ease monetary...

U.S. Treasuries suffer amid muted trading hours ahead of September retail sales

The U.S. Treasuries suffered during Mondays afternoon session amid a muted trading day that witnessed data of little economic significance ahead of the countrys retail sales for the month of September, scheduled to be...

UK gilts jump ahead of August employment report, 10-year auction

The United Kingdoms gilts jumped during European trading hours Monday ahead of the countrys employment report for the month of August and the 10-year auction, both scheduled for October 15 by 08:30GMT and 09:45GMT...

German bunds mixed ahead of October ZEW economic sentiment, eurozone September CPI

The German bunds remained mixed during European session of the first trading day of the week Monday ahead of the countrys ZEW economic sentiment index for the month of October, scheduled to be released on October 15 by...

Politics

Melania Trump reacts to Donald Trump cheating allegations

Donald Trump and Melania Trump have always been in the limelight since they tied the knot. But the status of their marriage has become much more exposed to public speculations once they occupied the White House. Many...

Melania Trump: Is she distancing herself from Donald Trump’s political woes?

The past weeks have been hectic for the Trump administration, especially after an impeachment inquiry has been officially launched in the Congress in late September against President Donald Trump. Meanwhile, it is hard not...

How a 1905 debate about 'tainted' Rockefeller money is a reminder of ethical dilemmas today

Many nonprofits, including top universities and museums are confronting serious ethical dilemmas regarding accepting tainted money. The MIT Media Lab, an interdisciplinary research lab, has been widely criticized for...

Trump's bad Nixon imitation may cost him the presidency

Whatever Donald Trump does, Richard Nixon usually did it first and better. Nixon got a foreign governments help to win a presidential election over 50 years ago. Trumps imitation of the master has proven far from...

Backing Putin: Russia's middle class is no longer a catalyst for democratic change

A wave of protests rocked Moscow and scores of other cities across Russia between 2011 and 2013. The demonstrators called for free and fair elections and some even demanded an end to the Putin regime. Many Russian...

Science

NASA rover allegedly captures an image proving there's life on Mars

It has been decades since humans started launching missions to space. At this point, the National Aeronautics and Space Administration (NASA) has already sent numerous rovers to Mars to observe the several sections of the...

Elon Musk reminded NASA it can share SpaceX’s IP to anyone; Agency unwilling to do so due to security concern

Elon Musk and NASAs partnership has been standing on rocky ground in recent months as the Commercial Crew endeavor has been delayed. The mission aims to put American astronauts to space using SpaceXs services, opting to...

NASA unveils the design of new spacesuit for Moon landing mission in 2024

The National Aeronautics and Space Administration (NASA) has been preparing for its next Moon landing mission that will be taking place within the next few years. One of the important things the agency has been working on...

ESA detects 46-foot wide asteroid approaching Earth much closer than usual in 2084

A 46-foot asteroid was recently detected by the European Space Agency (ESA) and is making headlines even though its next Earth close-approach will not happen within the next decades. Certain qualities of the asteroid have...

NASA asteroid watch confirms 7 more space rocks are approaching Earth this weekend

Several asteroids have come close to the Earth over the previous days, and a few more will approach the planet this weekend. Scientists from the National Aeronautics and Space Administration (NASA) have detected that seven...

Technology

‘PES 2020’ needs to address its AI performance ranging from the referee to the players themselves

PES 2020 is a superior version of its 2019 self and has been met with general positivity based on numbers shown by review aggregator site Metacritic. Having said this, the game does have several issues that can easily...

‘NBA 2K20’ is a casino simulator as much as it’s a basketball game

NBA 2K20 is perhaps the most blatant microtransaction triple-A title to come out in the history of gaming. Where other games would hide these predatory mechanics under the guise of gameplay and progression, 2Ks entry this...

Permanent jailbreak spanning millions of devices set to arrive soon amidst Apple trying to fix iOS 13

In late September, a security researcher going by the name of axi0mX announced that theyve found an exploit that can lead to a permanent jailbreak spanning millions of Apple devices. Called checkm8, the exploit is...

‘The Last of Us Part 2’ release date: Game director said giving NPCs unique name was quite the difficult feat

The Last of Us Part 2 is only a few months away, and Naughty Dog is ramping up the marketing campaign for the game. In recent weeks, the developers have been drip-feeding information about the title, and the gaming...

‘Cyberpunk 2077’ release date: Developers doesn’t want microtransaction in the game; Fears backlash from players

Cyberpunk 2077 made an appearance in this years PAX Aus, and the developers have shared new details about the much-anticipated title. Among them briefly focused on the games story. Whats currently known is that...