S&P issues fresh warning on emerging market sovereign downgrades
Oct 04, 2016 14:35 pm UTC| Commentary
Ratings firm Standard and Poors (SP) issued fresh warning on emerging market sovereign downgrades on Monday. Emerging market sovereigns face rising risks to their credit quality despite still strong foreign investment...
Reserve Bank independence: sobering lessons from India and South Africa
Sep 15, 2016 00:52 am UTC| Insights & Views Central Banks
Two BRICS member countries, India and South Africa, have recently experienced rather unedifying episodes related to the leadership of their central banks. Raghuram Rajan, the governor of the Reserve Bank of India, was...
South Africa is Africa's largest economy (again). But what does it mean?
Aug 12, 2016 09:13 am UTC| Insights & Views Economy
South Africa has toppled Nigeria and reclaimed its status as the largest economy in Africa. This comes two years after Nigeria rebased its GDP calculation and advanced to the top spot. South Africa was also temporarily...
Moody's: India's GDP growth challenged by lackluster global demand, high leverage
Jul 05, 2016 08:09 am UTC| Research & Analysis
Moodys Investors Service says that Indias (Baa3 positive) GDP growth over the next two years will be challenged by lackluster global demand and high leverage in some corporate sectors. Growth will be adversely affected...
Additional fiscal easing to counter adverse effect of Brexit on South Korea
Jul 04, 2016 12:48 pm UTC| Commentary Economy
The South Korean economy is unlikely to be impacted significantly by the likelyoutcome of Brexit vote. First and foremost, the country does not have a strong trade linkagewith the euro area and/or with the UK. Last year,...
Brazil’s credit growth likely to have decelerated in May; trend to continue throughout 2016
Jun 27, 2016 10:05 am UTC| Commentary Economy
In 2016, Brazils outstanding credit has fallen in each month and is likely to have continued with the trend in May. Outstanding credit is expected to have dropped 0.1 percent m/m to BRL 3.140 billion, said Societe Generale...
South Korea finance minister and BoK governor caution against rising economic uncertainties
Jun 23, 2016 07:04 am UTC| Commentary Economy Central Banks
The finance minister of South Korea, Yoo Il-ho, mentioned on Wednesday that the economic scenario of the country is likely to deteriorate in the second half of 2016 given the volatile financial markets of China, UKs EU...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects