Macroeconomy & Globalization
Geopolitical instability seems to be everywhere these days, whether we look to North Africa and the Middle East or Eastern Europe, to Southern Asia or Southeast Asia, and it weighs on financial markets and policymakers worldwide.
With strong underpinnings for reform now in place, Portugal is seeing signs of economic improvement. But now that it has increased exports, will greater vulnerability to global trade winds haunt growth?
The recent raft of Chinese investments into Russia following president Putin’s May visit to Shanghai might look like a rapid response to counter Western sanctions.
Juan Manuel Santos’ second term as president of Colombia might prove a bit harder than his first—and not only because he won this election with a lower majority.
COUNTRY REPORT | NIGERIA
Nigeria lacks one key element for stellar growth: a power sector commensurate with its prospects.
The return of growth in most of Europe and the renewed leadership of the US in economic advancement should not distract from critical developments in some of the major emerging economies.
We sat down with Fergus McCormick, head of sovereign ratings at DBRS, to discuss the rating agency’s outlook for global markets, sovereign ratings and how the firm differs from its competitors.
NEWSMAKERS: SOUTH AFRICA
Zuma fights back despite public dissatisfaction with his presidency.
Conservative Varela surprises with progressive social agenda.
The transport infrastructure in Africa's largest economy is still treading water.
FRONTIER MARKETS REPORT: KUWAIT
Kuwaiti legislature has cut red tape and is offering more inducements for FDI. But is the rest of the regime on board?
Election Coverage: “Good days are here,” tweeted prime minister-designate Narendra Modi after he led the right-wing Hindu nationalist Bharatiya Janata Party to a landslide victory last Friday in India’s bitterly fought parliamentary elections.
Sub-Saharan Africa’s economic lions are pulling the continent into an unprecedented era of wealth creation and prosperity. With year-on-year growth of between 7% and 9%, Ghana, Angola, Mozambique, Zambia and Ethiopia have played a pivotal role in helping Africa’s economy triple in size since 2000.
When, on March 18, longtime Canadian Finance minister Jim Flaherty unexpectedly announced his resignation, few were perhaps more surprised than his soon-to-be successor, Joe Oliver, the 73-year-old minister of Natural Resources.
Mergers and acquisitions involving Russian companies, including Morgan Stanley’s planned sale of its global oil-trading unit to Rosneft, are threatened by Western sanctions on Moscow over the Ukraine crisis.
Only two weeks ahead of the April 9 parliamentary elections and under pressure from a billion-dollar lawsuit, the Indonesian government announced it would terminate some 67 bilateral investment treaties—which regulate investment in the country by foreigners—as they come up for renewal.
Although hit hard by the global financial crisis, Latvia, Lithuania and Estonia recovered quickly. The three countries are building ever-closer EU ties to separate themselves economically from Eastern neighbors.
An escalation of sanctions on Russia stemming from its actions in Ukraine could pressure Russia’s overall economic growth. Some companies, particularly those perceived to have close ties to president Vladimir Putin and his inner circle, may have difficulties tapping the international capital markets for funding.
Brazilian Finance minister Guido Mantega may be dealing with both internal and external headwinds, but he—and Brazil—are still standing.