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Events
Databanks
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Argentina databank Apr 30
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Brazil Economics databank Apr 14
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Central America databank May 1
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Chile databank Apr 7
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China databank Mar 21
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Colombia databank Apr 28
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Dominican Republic databank Apr 28
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Ecuador databank Apr 22
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Gulf Countries databank May 2
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Hungary databank Apr 22
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India databank Apr 28
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Mexico databank Mar 25
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Panama databank Jan 28
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Peru databank Apr 28
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Philippines databank Apr 8
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Poland databank Apr 29
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Russia Economics databank Apr 11
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South Africa databank Apr 7
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Turkey databank Apr 24
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Ukraine databank Mar 6
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Venezuela databank May 5
NEWS FLASH
UPCOMING WEBINAR - PANAMA IN FOCUS: US RELATIONS, CANAL STRATEGY AND FI...
COUNTRY INSIGHTS
The President once again sweet-talking investors at Mining Indaba 2019
SOUTH AFRICA · Report · 08 Feb 2019
The 25th Investing in African Mining Indaba, the most prominent and likely the biggest mining investment event in Africa, took place in Cape Town from February 4-7 with an estimated 6,000 delegates. The organizers of the event indicated that this year’s event would be focused more on deal-making...
China’s illegal shoppers: New rules may slow capital outflow
CHINA ADVISORY · Report · 08 Feb 2019
“Daigou,” a new word produced as the result of burgeoning e-commerce in China, refers to personal shoppers who purchase overseas goods for mainland Chinese consumers for a fee. Unlike cross-border e-commerce, daigou is a gray market where consumers enjoy lower prices and, most important, no impor...
Detailed forecast for the Argentine economy 2019 and 2020
ARGENTINA · Forecast · 07 Feb 2019
This report complements the first quarterly forecast, entitled, “Argentina 2019: at a crossroad again” offering detailed projections for the most relevant variables for one of the three scenarios described in that forecast. We assume that Macri’s government will be able to fully implement the...
President Ramaphosa’s 2019 State of the Nation Address: Growth, government reform and job creation emphasized
SOUTH AFRICA · Report · 07 Feb 2019
President Ramaphosa delivered his second State of the Nation Address (SONA) with a blend of honesty and hope. He acknowledged the setbacks experienced in a number of areas. He highlighted the considerable harm to the country resulting from corruption, especially arising from “state capture” in th...
EL SALVADOR: Nayib Bukele wins presidential election in the first round
CENTRAL AMERICA · Report · 06 Feb 2019
As we have been updating in previous reports, presidential election in El Salvador took place last Sunday February 3rd, 2019. By Monday the Electoral Court announced Nayib Bukele as the winner by an ample majority of 53% of valid votes. His two main contenders came from the two political parties ...
More government investment promised
CHINA · Forecast · 06 Feb 2019
Infrastructure investment growth saw its first rise in October 2018, up 3.7% y/y, and up 0.4 pps from September. This has been underscored in recent intensive announcements for new openings and approvals of mega-projects. The Chinese government’s relatively low public debt, at 47.6% of GDP, has m...
Russians feel pessimistic about the economy but austerity is ending
RUSSIA / FSU POLITICS · In Brief · 05 Feb 2019
The Russian Government is easing off austerity. Government spending is due to rise 8% this year. Most of the rise will go to National Projects. Spending was cut four years in a row. Incomes have fallen for five years in a row in real terms. Polls show most people are despondent about the economy....
Inflation falls to 4.4%
PHILIPPINES · In Brief · 05 Feb 2019
As expected, headline inflation eased further to 4.4 percent in January from 5.1 percent in December, with core inflation slowing down to 4.4 percent from 4.7 percent over the same period. The headline rate reflects a month on month inflation of 0.2% traced to increased fish prices. In contrast, ...
Politics: AMLO camp tested by teachers
MEXICO · Report · 04 Feb 2019
The protests by teachers in Michoacan that for the past two weeks have shut down many municipal government offices, highways and rail lines pose a challenge to the government of President Andrés Manuel López Obrador and highlight the problems he will increasingly face in trying to maintain the hi...
Economics: The economy continues to sputter along
MEXICO · Report · 04 Feb 2019
Economic indicators published in January tended to point to an extension of the trend toward a moderate slowing of the Mexican economy. Trade performance actually improved significantly in December, much to the surprise of analysts as the country posted its first trade surplus of any month since ...
Who is running amok? Hungary is blocking EU foreign policy again
HUNGARY · In Brief · 04 Feb 2019
It seems that PM Orbán's government keeps hammering nails into the coffin of good relations between Hungary and the EU. This time, the theme is a forthcoming summit between the EU and the League of Arab States, scheduled for February 24-25. The EU's foreign ministers were set to discuss their joi...
The government’s victories in Congress and other weekly topics
BRAZIL POLITICS · Report · 04 Feb 2019
Congress resumes activity this week. Chief of Staff Onyx Lorenzoni takes a message to Congress from the Executive, defining priorities. On Wednesday, the Central Bank sets the benchmark interest rate. On Thursday, President Bolsonaro is expected to be released from Albert Einstein hospital, where...
Asset Prices and Cyclical Recovery
BRAZIL ECONOMICS · Report · 04 Feb 2019
The behavior of asset prices reveals great optimism about the new government’s economic program. However, the latest numbers on the labor market, industrial output and fixed capital investments indicate that the recovery is still very sluggish. The Brazilian economy this year will not be able to ...
A year of definition
DOMINICAN REPUBLIC · Report · 04 Feb 2019
For obvious reasons, 2019 is a year of political definition towards the general elections of May 2020. The political parties must choose their candidates for President and Vice-President, the Senate (32 positions), the Chamber of Representatives (190 positions), and also for more than 350 local g...
Schlumberger has lost priority to buy EDC shares
RUSSIA / FSU POLITICS · In Brief · 04 Feb 2019
Schlumberger had priority on buying shares in Eurasia Drilling Company (EDC). This expired on 1 February and will not be renewed. Moscow has decided on this. Apparently it is not linked to US sanctions. It is thought that Russian competitors lobbied the government not to extend Schlumberger's pri...