Mar 14, 2016 09:18 am UTC| Research & Analysis Economy
Economic recession in Russia will continue to negatively affect the operating environment for Russian banks in 2016, as the impact of low oil prices and large depreciation of the ruble continues, says Moodys Investors...
Brazil’s retail sales likely declined again in January
Mar 09, 2016 12:20 pm UTC| Commentary
Brazils retail sales had declined in 2015 by 4.3% and the rate of slowdown continued to rise throughout 2015 with sales dropping 6.9% y/y in Q4, as compared with Q3s 5.7% y/y drop. Retail sales in December were mainly bad,...
Brazil looks almost ungovernable – but it's more robust than it seems
Mar 09, 2016 00:05 am UTC| Insights & Views Politics
On Friday March 4, about 200 federal policemen and 30 tax auditors raided the apartment of former president Luiz Inácio Lula da Silva (Lula), who was taken to Congonhas airport for a three-hour interrogation while...
Moody's places South Africa's Baa2 ratings on review for downgrade
Mar 08, 2016 21:52 pm UTC| Research & Analysis
Moodys Investors Service has today placed the Baa2 bond and issuer ratings of the government of South Africa on review for downgrade. Also placed on review for downgrade were South Africas (P)Baa2/(P)P-2 shelf and MTN...
Any signs of weakness in Turkish economic activity may pressurise CBRT to cut rates
Mar 08, 2016 08:41 am UTC| Commentary Economy
Political pressures on the Turkish central bank might be ignited to cut interest rates if there are any signs of weakness in economic activity. Currently, the CBRT is in a mode of wait-and-see because of the increased...
Growth in Brazil’s intermediate and capital goods may hint at import substitution process
Mar 07, 2016 05:47 am UTC| Commentary Economy
Brazils industrial output unexpectedly grew 0.4% m/m sa in January after declining 0.5% in December, improving the trend slightly. But it still shrank 3.7% 3m/3m sa from 4%. Industrial output, in annual basis, shrank 13.8%...
Markets do not price an imminent hike from BCB
Mar 03, 2016 15:55 pm UTC| Commentary Central Banks
Brazil Copom held the Selic rate unchanged at its meeting on Wednesday, repeating the rationale of its last communiqué - ie, that the decision was reached after evaluating the macroeconomic scenario, inflation...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
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