Moody's puts Mexico on 'negative' watchlist, downgrade may follow
Apr 01, 2016 14:03 pm UTC| Commentary
Moodys credit rating agency has changed the outlook for Mexicos debt rating to negative from stable, citing low oil prices and slow economic growth. But the agency maintained Mexicos A3 rating on senior debt, indicating...
Emerging Market Crisis Series: Major shift in gear
Apr 01, 2016 06:23 am UTC| Commentary Economy
After suffering since 2013 and more so at the start of the year, emerging market currencies had their best month since at least 1998 according to Bloombergs calculations. Two days back, Bloomberg dig up an article and the...
BRICS bank to issue first debt instrument in Q2
Mar 28, 2016 09:36 am UTC| Commentary
The five-nation BRICS bank has announced that they will soon issue around 3-5 billion ($460-767 million) of yuan in bonds in China in the second quarter of this year. Also, New Development bank is planning to raise nearly...
Brazil’s private consumption and investment to decline further in coming quarters
Mar 28, 2016 09:28 am UTC| Commentary
Brazils economy contracted 6% y/y in the fourth quarter of 2015, facing its deepest recession since 1930s. Meanwhile, the countrys political system is being immobilized by the prevalent corruption scandal. This is...
Brazil inflation likely decelerated to single digit in March
Mar 22, 2016 11:47 am UTC| Commentary
Brazils inflation numbers for February indicate an end to acceleration. With the strong base effect, the nations inflation is likely to decelerate to single digit in March. We expect the annual rate to ease to 9.97% yoy...
South Africa's governing ANC buys itself time as the unravelling begins
Mar 22, 2016 11:20 am UTC| Politics
Even that family, if people feel it has to be brought to book, structures must do that, the officials must call them and talk to them and give them a marching order not through shouting outside because all of us in the NEC...
Mexico’s inflation likely to be above central bank’s target rate in 2016
Mar 21, 2016 12:33 pm UTC| Commentary
In January 2015, the weakness in consumer prices in Mexico, mainly due to impacts of lower telecoms, energy and other prices in the housing segment, helped inflation decelerate by almost 1pp from its late 2014 level. This...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight