Given that President Hugo Chávez’s Partido Socialista Unido de Venezuela (PSUV) lost its two-thirds majority in the September 26 legislative elections, it is pretty likely that the ruling party is going to face a tougher time in passing some of the more radical elements of its socialist reforms. In addition, the 2012 presidential vote is… [Read more]
Rumours are still swirling on the subject of the Dubai World (DW) restructuring, and I am not yet convinced that the time to initiate a long-term bullish position on Dubai stocks has come, in spite of the recent rally. I have heard various theories on DW, and I am inclined to the optimistic side: the… [Read more]
In an era where a global financial crisis has been caused not by developments in Russia, South-East Asia or Argentina, but by banking insolvency in the United States and sovereign default risks in a eurozone member state, namely Greece, our panel of senior commentators discusses what it means to be an ‘emerging market’. Justin Patrie,… [Read more]
