Today in Business Monitor Online, and in this week’s Emerging Markets Monitor (EMM) magazine, my colleagues and I outline our latest views of the BRIC (Brazil, Russia, India, and China) economies. The BRIC countries remain among our top growth picks over the long run, and we forecast real GDP expansion to average in excess of… [Read more]
Several developments in 2010 will linger well into 2011. My colleagues and BMI’s Oil and Gas Team see industry majors continuing their push into deepwater drilling and unconventional hydrocarbons, while cash-rich national oil companies keep looking for upstream opportunities. Depressed US gas prices are unlikely to move significantly in 2011, while Asia-Pacific remains the LNG… [Read more]
Although it has become fashionable over the past couple of years (basically since the US went into recession in 2007) to talk about the United States’ economic decline, I believe the case is overstated, as I mentioned on this space in November 2008. In that article, I mainly discussed the geopolitical dimension. Today, I will… [Read more]
Over the past several weeks we have heard about the gloomy outlook for consumer demand in developed markets. Household deleveraging in the US and the growing debt crisis in peripheral eurozone states suggest that a return to robust demand levels will be hard to come by. In this context, we examine the outlook for the… [Read more]
Brazil has just hosted the second annual BRIC (Brazil, Russia, India, China) summit on April 15-16, but I think there are good reasons to doubt how much strength this grouping actually has in terms of changing the world – at least in a collective fashion. Below, I list some thoughts about BRICs as a concept:… [Read more]
Dave Fry, founder and publisher of ETF Digest, hosts Terry Alexander, Head of Country Risk and Financial Markets at Business Monitor International, alongside Asia analyst Stuart Allsopp, and Head of Commodities analysis, Cedric Chehab. Emerging Markets Forecast 03/12/10 from David Fry on Vimeo.
Most people are well aware that the BRIC (Brazil, Russia, India, China) countries are big recipients of foreign direct investment (FDI). But they are also big sources of FDI. In 2009, for the first time, emerging market outbound mergers and acquisitions (M&A) flows outpaced inbound M&A flows, reaching US$131.8bn, according to Dealogic. Most of these… [Read more]
