Moldova is in the midst of yet another political crisis. By this, I actually mean that the country has entered a new phase of a pre-existing crisis – a crisis that yields valuable lessons on the broader significance of political institutions to a country’s risk profile. Fortunately, this new scene in the ongoing drama has… [Read more]
In case you hadn’t noticed, there’s been trouble in Moldova and Georgia of late. The reason that both small ex-Soviet states have erupted onto your TV screens (and Risk Watchdog) this week is that both have seen crowds of 10,000+ angry citizens take to the streets of their respective capital cities to protest against their… [Read more]
Amid the continuation of the carnage on global financial market benchmarks in October, it has come to little surprise that emerging market currencies have universally suffered as investors shift asset allocations to perceived safe havens in the US and eurozone. Well, almost universally. One currency in the emerging Europe realm has failed to depreciate against… [Read more]