macro-economy

IMF should expel Venezuela – FT – 30/08/2017

The free world should make a concerted effort to bring down the oil-based autocratic regime of President Nicolas Maduro in Venezuela. The way to make international pressure effective is to expel the country from the International Monetary Fund, which would spark a sovereign and quasi-sovereign debt default, making the regime ultimately unsustainable.

Source:  FT, 2017/08/30

By |August 31st, 2017|Categories: News|Tags: , , |

China’s New Capital Controls Expected To Slow Real Estate, But Improve Country’s Economic Health – Forbes – 28/08/2017

China’s new rules on overseas mergers and acquisitions, released on August 18, lay out three categories of investment: banned, restricted, and encouraged. These guidelines will have a lasting effect on direct investment abroad. How will it affect overseas investment in the real estate sector and China’s own economic health?

Source:  Forbes, 2017/08/28

By |August 31st, 2017|Categories: News|Tags: , , |

After A Surge, Will Turkey Fall Flat After Government’s Support Measures Expire? – Frontera News – 27/08/2017

Macro-economically speaking, Turkey was in bad shape last year, with economic growth contracting, as shown by the graph below, and inflation also on the rise.

Source:  Frontera News, 2017/08/27

By |August 31st, 2017|Categories: News|Tags: , , |

Fitch sees Philippine GDP growth staying above 6% – BusinessWorld – 27/07/2017

The Philippines can be expected to keep growing faster than six percent over the next five years, Fitch Ratings said, noting that strong economic activity and hefty dollar reserves will help maintain the country’s sound macroeconomic footing.

Source:  BusinessWorld, 2017/07/27

By |July 27th, 2017|Categories: News|Tags: , , |

Fed Shock to Emerging Markets May Not Be as Bad as Feared – Bloomberg – 26/07/2017

For all the angst about the potential for higher U.S. interest rates to hammer developing-nation assets, in fact prices show the increase is mostly priced in, according to money managers including Aberdeen Asset Management Plc and UBS Wealth Management. The extra yield investors get to hold local emerging-market debt instead of bonds from developed countries [...]

By |July 27th, 2017|Categories: News|Tags: , , |

Asian economies better prepared for crisis compared to 1997, but risks remain – Mainichi – 26/07/2017

In the aftermath of the 1997 Asian financial crisis, countries in the region have put efforts into beefing up preparations for possible financial meltdown by expanding multilateral cooperation. Risks of crises remain in the region, however, as these countries are still likely to be affected by the monetary and financial policies of major economies such [...]

By |July 27th, 2017|Categories: News|Tags: , , , |

Fitch: Egypt’s budget, energy price rises show fiscal commitment – CPI Financial – 23/07/2017

Egypt's new budget and lower electricity and fuel subsidies demonstrate a continued commitment to fiscal consolidation and economic reform, backed by the country's IMF programme, Fitch Ratings says. Narrowing the fiscal deficit supports Egypt's sovereign credit profile, but significantly reducing the public debt ratio is a multi-year task.

Source:  CPI Financial, 2017/07/23

By |July 27th, 2017|Categories: News|Tags: , , |

Can global economy handle QE withdrawal symptoms? – Interactive Investor – 19/07/2017

The QE elephant in the room is rapidly becoming a herd. As of April 2017, the balance sheets of the world's major central banks had inflated to a colossal $18 trillion (£13.8 trillion).

Source:  Interactive Investor, 2017/07/19

By |July 20th, 2017|Categories: News|Tags: , , , , |

Nigeria: Issues As Nigeria Prepares for First Sovereign Green Bonds – AllAfrica.com – 18/07/2017

As Nigeria prepares to issue the first Sovereign Green Bonds by this third quarter, CHIKA OKEKE examines several inter-agency collaboration, benefits of the bonds and how it would green Nigerian economy.

Source:  AllAfrica.com, 2017/07/18

By |July 20th, 2017|Categories: News|Tags: , , |

China second-quarter GDP growth likely to cool as Beijing targets property, debt risks – Reuters – 17/07/2017

China is expected to report on Monday that its economy grew 6.8 percent in April-June from a year earlier, cooling from the previous quarter's robust 6.9 percent pace as policymakers seek to rein in property and debt risks.

Source:  Reuters, 2017/07/17

By |July 20th, 2017|Categories: News|Tags: , , |