Services

NEWS FLASH

UPCOMING WEBINAR: CHINA’S OUTLOOK IN THE TIME OF TRADE WARS...

Learn More

COUNTRY INSIGHTS

The old story repeats itself again
HUNGARY · Report · 18 Nov 2019

By now, readers may have become somewhat bored by reading all the repeated claims by forecasters that the economy is now genuinely set to lose its growth momentum, after a period of heavy resistance to the weak European business cycle. Sharing the consensus view, we still believe that sooner or l...

Yandex ownership is changing
RUSSIA / FSU POLITICS · In Brief · 18 Nov 2019

United Russia Deputy Anton Gorelkin put forward a bill to restrict foreign ownership of internet companies. A Public Interest Foundation (PIF) will be set up with the authority to forbid the sale of 10% of Yandex's voting shares or economic interests to any party. There will be a board of 11 cont...

Indigenous groups stronger, Moreno weaker
ECUADOR · Forecast · 18 Nov 2019 · 1 response

Despite a large national consensus regarding the complicity of the indigenous groups in the violent riots of last October, there is no doubt that they emerged stronger from the protests while Moreno and the government are now weaker than before. Democracy, if we believe is there one in Ecuador, e...

Soft core inflation and weak underlying growth support a rate cut
ISRAEL · Report · 18 Nov 2019

Although headline GDP growth was robust, GDP growth excluding inventories actually contracted in Q319. The quarter witnessed a contraction of exports, investment in capital goods, and non-durable consumption per capita. We think that both the latest CPI and GDP data support a rate cut of 0.15% on...

Monitoring the pace of recovery
BRAZIL ECONOMICS · Report · 18 Nov 2019

There are no doubts that the economy has been rebounding, influenced by rising household consumption and growth of the service sector. The most recent monthly indicators point to continued growth in the third quarter, mainly led by household consumption, in turn driven by a combination of persist...

​Gulf weekly: Kuwait’s government resigns and Aramco downsizes IPO
GULF COUNTRIES · Report · 18 Nov 2019

The Gulf Weekly is intended as a skimmable summary of key developments, overlaid with our analysis and links to further information. Key headlines include: * Aramco has scaled back its IPO to 1.5% at a $1.6-1.7trn on weak foreign demand. * Kuwait’s government resigned, amidst signs of a rift be...

Belarus argues with Russia over warplanes
RUSSIA / FSU POLITICS · In Brief · 18 Nov 2019

On November 15 President Lukashenko of Belarus complained that Russia was charging an extortionate amount for military aircraft. He threatened to end a common border that the two had established. Su-30 SM fighters are being purchased by Belarus. According to Belarus they were offered the planes f...

​No Christmas cheer on the horizon
TURKEY · Report · 17 Nov 2019

After a very brief period of confusion, senior US Senators began to repeat sanctions threats if S-400 anti-missile systems are activated. Ankara’s official position is that they will be made operational, but the dropping of any reference to a deadline can be viewed as a slim hope that the process...

Normandy format meeting agreed on Dec 9
UKRAINE · In Brief · 16 Nov 2019

Yesterday, on November 15, President Office informed that meeting under Normandy format (France, Germany, Russia and Ukraine) will do happen on December 9. Over the last few months President Zelenskiy has been striving to meet Russian President Vladimir Putin to discuss potential ways of de-escal...

​Chile’s constitutional deal
CHILE · In Brief · 16 Nov 2019 · 1 response

After nearly a month of almost daily protest intermixed with sporadic violence (mostly arson and looting), practically the entire political spectrum has come together to agree on a process for designing and approving a new constitution. The agreement, signed by representatives of almost every pol...

Is the end nigh for South African Airways?
SOUTH AFRICA · Report · 15 Nov 2019

The embattled state-owned entity (SOE) South African Airways (SAA) is on the brink of collapse. It is understood that SAA desperately needs around R2 billion in order to fund its operations until the end of the current financial year, but Finance Minister Tito Mboweni has made it clear on several...

October's CPI comes in at the low end of consensus
ISRAEL · Report · 15 Nov 2019

October's CPI reached 0.4% m/m and 0.4% y/y (up slightly from 0.3% y/y last month), coming in at the low end of consensus, which was in the 0.4%-0.5% range. We also had expected 0.5% but two items surprised on the downside. Housing (rental prices), which makes up nearly 25% of the CPI, moderated ...

Alibaba’s singles day: Does it signal consumer strength?
CHINA ADVISORY · Report · 15 Nov 2019

Alibaba’s annual "singles day" is the largest day of online sales of goods in the world. It is viewed by some economists as a bellwether for the strength of the consumer sector in China. This, in turn, has ramifications for rebalancing of the economy from industrial production to the service sect...

Ukraine’s GDP grew 4.2% y/y in 3Q, above expectations
UKRAINE · In Brief · 15 Nov 2019

In 3Q 2019 Ukraine’s GDP grew 4.2% y/y slightly slowing from +4.6% y/y in 2Q. Still the result appeared to be much above expectations. We projected +3.1% for the third quarter, the NBU projected +3.5%. Poor industry performance (-1.0% y/y in 3Q) was the reason for modest estimate. However, it loo...

Russian economy growing
RUSSIA / FSU POLITICS · In Brief · 14 Nov 2019

The Russian Statistical Agency (Rosstat) claimed that the Russian economy grew up 1.7% in 3Q of this year. This is a considerable improvement on Q2 when the figure was 0.9%. These statistics are to be treated with caution. Rosstat has a reputation for inflating positive figures. A new head of Ros...

Copyright 2025 GlobalSource Partners. All rights reserved.