On this week’s podcast, we return to the issue of the Spanish economy and specifically, the state of the housing market. BMI’s Head of Country Risk & Financial Markets Justin Patrie talks with Europe Analyst Chris Graham on the outlook for Spanish real estate and what it means for growth, the markets and the stability… [Read more]
Ireland’s decision to apply for a bailout from the European Union has not helped defend the euro or calm treasury markets elsewhere in the periphery. On this week’s Business Monitor Podcast, BMI’s Head of Country Risk & Financial Markets talks with Global Economic Strategist Tim Cooper and Head of Europe Analysis Mark Schaltuper about the… [Read more]
On November 21, the Irish government formally requested financial support from the European Union, taking the first step in accessing the European Financial Stability Facility (EFSF). The move was largely expected, with visits to Dublin from EU, ECB and IMF officials earlier in the month signaling to markets to price in a bail-out (see Business… [Read more]
On this week’s podcast, Business Monitor Chief Economist Tim Cooper, Head of Europe Analysis Justin Patrie and Senior Europe Analyst Bruce Jeffery discuss European investment strategy on the back of the Greek fiscal crisis and news of an EU support package for Athens. In addition to providing analysis on the most recent market developments in… [Read more]
Despite the hopes and prayers of the US government (to the extent that Big Hank reportedly got down on one knee in front of Speaker of the House Nancy Pelosi), Democrats and Republicans gave the Paulson bailout plan the big thumbs down in Congress yesterday, sending global markets into a tailspin in the process. Risk… [Read more]
I am hard-pushed to think of many countries (except for extreme places like Zimbabwe, North Korea, the USA et al) that are facing such tremendous difficulties as Pakistan right now. As far as I can see, Pakistan seems to be on the brink of a debt crisis, and will have to secure foreign financing if… [Read more]
