As many readers will have observed over the past few weeks, Hungary has become the focus of attention in Central & Eastern Europe (CEE), and for all the wrong reasons. The country finds itself caught in a financial storm equivalent in magnitude to that witnessed in late 2008, with the forint trading close to its… [Read more]
Risk assets plummeted on August 4 and 5, with the path forward very much dependent upon whether eurozone policymakers get serious about saving the single-currency monster they have created. On August 4, a seemingly non-chalant ECB President Jean-Claude Trichet casually brushed aside questions over whether ECB bond market purchases would be stepped up to alleviate… [Read more]
On this week’s Podcast, BMI’s Spain analyst Chris Graham answers all the key questions concerning the stability and outlook for the Spanish economy. These include: Why is Spain so important for the European outlook? What are the risks of a Spanish banking sector collapse? What has been done to support the banking sector? To what… [Read more]
Regular readers of this blog will know that I have been to Dubai a couple of times over the past few years, most recently in March 2010 (see Dubai: Notes From A City At The Cross Roads) and have commented several times on the emirate’s financial crisis. Well, now I have come back from another… [Read more]
On November 12, Business Monitor International hosted a major investors’ conference on the risks, opportunities and outlook for emerging markets over the coming decade. Justin Patrie talks with senior BMI strategists Terry Alexander and Tim Cooper about some of the themes and surprises that emerged from the conference. Highlighted topics include EM outperformance, structural drivers… [Read more]
On Monday, November 9, much of Europe will be celebrating the 20th Anniversary of the Fall of the Berlin Wall and the catalyst it provided for the collapse of Communism on the continent. BMI’s Justin Patrie explains the significance of this event for Emerging Europe, and what the outlook is for the next 20 years… [Read more]
Now that Sri Lanka’s civil war is over and the Tamil Tigers’ leaders have been eliminated, President Percy Mahinda Rajapaksa will have to turn his attention to winning the peace. This may actually be harder than winning the war. For a start, the government will need to reintegrate the Tamil minority – of which more… [Read more]
