2021

Hitachi Goes Global With Sale

The deal is part of Hitachi’s ongoing strategy to de-emphasize lines of business outside its core focus of information technology.

2020

Airbnb Plans IPO During Pandemic

Airbnb Plans IPO During Pandemic

While Airbnb has done better than most of its competitors in the pandemic, it still faces a challenging road ahead. 

2016

2015

2014

ARGENTINE GOVERNOR MAY FURTHER DILUTE CENTRAL BANK INDEPENDENCE

Newsmakers | Argentina
Argentine president Cristina Fernández de Kirchner in early October triggered the resignation of the head of the country’s central bank, Juan Carlos Fabrega, by criticizing him for not reducing manipulation of the country’s currency. His replacement, Alejandro Vanoli, formerly the head of the country’s securities regulator, CNV, doesn’t look likely to set Argentina on a better path.

Zimbabwe: Mugabe Woos Foreign Investors

Zimbabwe president Robert Mugabe is one of Africa’s last old-school dictators. But he’s proving that he may be able to change—for the better. In the decade ending in 2008, Zimbabwe’s economy shrank at an annual rate of 6.1%. Then, in 2009, the country adopted the US dollar. Since then, growth has averaged nearly 8% per year...

2013

Russia: Arrest In 'Potash War'

EMERGING MARKETS ROUNDUP   By Kim Iskyan   Russian potash giant Uralkali in late July unexpectedly withdrew from an export delivery arrangement with Belarus Potash, the marketing agent for the Russian company and for Belaruskali, the Belarus national potash company. ...

Emerging Markets Roundup: Russia

PUTIN NIXES CALLS FOR POLITICAL REFORM   By Kim Iskyan   During his annual state-of-the-union address in mid-December, president Vladimir Putin focused on social spending priorities, including raising salaries for teachers, doctors and other professionals.   He also underscored the need ...

2012

Emerging Markets Roundup: Russia

GOVERNMENT SOFTENS STANCE ON LEBEDEV PRISON TERM By Kim Iskyan A local court reduced the prison term of Platon Lebedev, the business partner of jailed former oil oligarch Mikhail Khodorkovsky, in what some analysts interpreted as a slight moderation of ...

Emerging Markets Roundup: Russia

PRIVATIZATION PLAN COULD STUMBLE BEFORE LEAVING THE GATE   By Kim Iskyan   In early June, Russia's largest bank, Sberbank, agreed to buy DenizBank of Turkey from French-Belgian lender Dexia, for $3.5 billion. The deal marked Sberbank's second-largest transaction in recent ...

Emerging Markets Roundup: Russia

GROWING POLITICAL UNCERTAINTY HITS RATINGS OUTLOOK   By Kim Iskyan   In mid-January, ratings agency Fitch cut its outlook on Russia from positive to stable, citing increased domestic political uncertainty and potential damage to the Russian economy from deterioration in ...

2011

Hopes For Era Of Stability In Kyrgyzstan

MILESTONES: KYRGYZSTAN   By Kim Iskyan   Late October’s landslide victory of incumbent prime minister Almazbek Atambayev as the new president of Kyrgyzstan may bring a modicum of stability to the country’s tumultuous domestic political environment.   Atambayev may favor ...

Emerging Markets Roundup: Russia

THRESHOLD RISES FOR FOREIGN INVESTMENT IN THE NATURAL RESOURCE SECTOR   By Kim Iskyan   Russia’s parliament is set to approve long-awaited amendments to legislation on foreign investment in certain strategic sectors.   Easing requirements for natural resources investment The ...