Less than a fortnight ago, with eurozone credit concerns reaching fever pitch, we believed it was necessary to remind readers of Japan’s perilous sovereign debt outlook (see Business Monitor Online, ‘Charting The Public Debt Time-Bomb’, November 18, 2011). A quick comparison of gross debt metrics, repayment schedules, and economic growth prospects would suggest that Japan… [Read more]
Mark Schaltuper, Head of Europe Country Risk and Financial Markets, and Tim Cooper, Chief Economic Strategist, come together to discuss Business Monitor’s latest Special Report titled “Market Meltdown: Global Economy On The Edge”. With the US reeling from debt concerns after losing its AAA credit rating, the eurozone dogged by the ongoing sovereign debt crises,… [Read more]
The EU-wide bank stress test results released on July 15 offered little reprieve for financial markets as concerns over the eurozone sovereign debt crisis continue to dominate. At the heart of the stress test scenario is the ‘adverse scenario’, in which the euro-area economy contracts 0.5% in 2011 and equity markets fall 15%, while banks… [Read more]
(*Give or take a couple of centuries) While surveying the globe for key risks, I couldn’t help but notice that some of the world’s oldest countries are facing critical tests over the next decade that could redefine them for a long time to come. If handled successfully, the crises could give them a new lease… [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 this week’s businesss monitor podcast, we assess the state of the European banking sector on the back of the EU-wide stress test results released on July 23. BMI’s Head of Country Risk and Financial Markets Justin Patrie, along with Head of Europe Analysis Mark Schaltuper and Europe Analyst Chris Graham, dissect the methodology of… [Read more]
China’s Dagong Global Credit Rating Co earlier this week released what it described as the first ever assessment of sovereign credit risks by a non-Western ratings agency. Dagong’s report covers 50 countries (20 in Europe, 17 in Asia, 2 in North America, 6 in South America, 3 in Africa, and 2 in Oceania) comprising 90%… [Read more]
