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Events
Databanks
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Argentina databank Jun 13
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Brazil Economics databank Jun 16
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Central America databank Jun 27
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Chile databank May 27
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China databank Mar 21
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Colombia databank Jun 5
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Dominican Republic databank Jun 18
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Ecuador databank Jun 20
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Gulf Countries databank Jun 27
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Hungary databank Jun 23
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India databank Jun 26
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Mexico databank May 12
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Panama databank May 13
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Peru databank Jun 27
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Philippines databank Jun 6
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Poland databank Apr 29
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Russia Economics databank Jun 16
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South Africa databank Jun 9
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Turkey databank Apr 24
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Ukraine databank May 12
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Venezuela databank Jun 4
COUNTRY INSIGHTS
ISIS update: When tail-risk becomes clear and present danger
TURKEY · In Brief · 11 Jun 2014
The ISIS Blitzkrieg in Iraq swept army and police forces aside rapidly, adding the oil town Beiji and Saddam’s birthplace of Tikrit to the list of terror organization’s conquests. Total havoc reigns in the ISIS-affected areas, with half a million Iraqis reported to be on the run. Much of what hea...
peace talks with ELN might be essential to decide next Sunday's results
COLOMBIA · In Brief · 11 Jun 2014
Yesterday, through a press release, the Government and the National Liberation Army (ELN, for its acronym in Spanish) announced that joint peace talks have formally started, after an exploratory phase that started last year (http://wsp.presidencia.gov.co/Prensa/2014/Junio/Pa...). The ELN was crea...
Fiscal Policy is Becoming the Critical Factor
HUNGARY · Report · 11 Jun 2014
Executive Summary The new government cabinet was sworn in in early June, but it has brought about little change in policy content if any. The new cabinet has failed to present a program and, breaking with traditions, has said that it does not even intend to publish one. So as PM Orbán said before...
Brazil Presidential Election
BRAZIL POLITICS · Report · 11 Jun 2014
Ibope: Dilma down, opponents up Yesterday, June 10, the Ibope Institute released a new presidential voting intention and government evaluation poll.The poll was contracted by the Union of Aldermen of the State of São Paulo and conducted on June 4-7.The poll presented some interesting new facts: 1...
The First Few Weeks Of The Modi Administration
INDIA · Report · 11 Jun 2014
Executive Summary The new BJP government has done better than expected in some respects and worse in others. It is now possible to start understanding how this new arrangement will work. Cabinet Formation Expectations were sky-high about the Modi administration doing better on cabinet formation. ...
New threats to stability: ISIS and PKK
TURKEY · In Brief · 10 Jun 2014
I’m shocked beyond belief! 1.500 ISIS (Islamic State of Iraq and Syria, or Levant) militants took control of Iraq’s second largest city Mosul within a day, and now there are unconfirmed reports that the biggest Turkmeni city, Tuzhourmatu, has also fallen under their control. In Turkey, the shooti...
Rodolfo Marco Torres replaces Jorge Giordani on the BCV board
VENEZUELA · In Brief · 10 Jun 2014
Today, 10 June 2014, the Official Gazette reports the appointment of Rodolfo Marco Torres, minister of Finance, as member of the board of the BCV as member of the Cabinet. Marco Torres replaces Jorge Giordani, who was a member of the board throughout his tenure as minister of Planning. (According...
Cyclical Gains, Structural Pains
TURKEY · Report · 10 Jun 2014
Today’s Q1 growth data surprised slightly on the upside, coming in at 4.3%, y/y versus expectations of around 4%, us included. The quarterly growth rate (seasonally- and working day-adjusted) was puzzlingly strong, at 1.7% (corresponding to an annualized rate of over 7%), but we take these quarte...
PRD: More than a Leader at Stake
MEXICO · Report · 10 Jun 2014
Executive Summary Leadership elections have historically been among the most difficult hurdles to manage for the Party of the Democratic Revolution (PRD) and have often been a huge embarrassment for the organization. It is as yet unclear whether this year’s contest will produce similar controvers...
Six-point Growth & Productivity Plan
MEXICO · Report · 10 Jun 2014
Executive Summary Without a doubt the most surprising economic news out of Mexico last week was Banco de México’s announcement that it was lowering its overnight interbank lending rate by 50 basis points to a new record low of 3.0%. It was a move that caught financial markets and analysts entirel...
Ex-mediamagnat appointed Head of President Office
UKRAINE · In Brief · 10 Jun 2014
Boris Lozhkin, ex-owner of UMH media group, was appointed Head of President Office today. In fact impression about this first personnel decision of Poroshenko is quite mixed. Boris Lozhkin is a successful businessman who made his fortune by creating best journals and magazines at the country. And...
Brazil Presidential Election
BRAZIL POLITICS · Report · 09 Jun 2014
Dilma Continues Her Slide in Polls and Reinforces Polarization between the PT and PSDB On Friday, June 6, the Datafolha Institute released a new presidential voting intention poll, conducted June 3-5.The poll shows that President Dilma Rousseff (PT) is still in the lead but continues to lose grou...
Disappointing Growth: The Role of Credit
BRAZIL ECONOMICS · Report · 09 Jun 2014
The weak GDP growth in the first quarter threw cold water on any remaining optimism about growth in 2014. On the supply side, there are no signs that industry can reverse the current situation, and on the aggregate demand side, neither investments nor household consumption nourish hopes of better...
Energy Reform
CHILE · Report · 09 Jun 2014
Recently the government announced its proposal for Energy Reform. The reform aims to develop “reliable, sustainable, inclusive and affordable energy, a diversified electric generation capacity, and higher levels of sovereignty in Chile´s energy requirements”. With a price above US$150 per MW per ...
Political Insights: Week of June 9
BRAZIL POLITICS · Report · 09 Jun 2014
A busy week ahead:Two presidential polls will be released, Ibope and Vox Populi.The party convention period also begins.The PMDB is expected to formalize its support for the reelection of President Dilma Rousseff (PT).The PSB launches former Governor Eduardo Campos and former Senator Marina Silva...