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Events
Databanks
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Argentina databank Jul 2
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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 Jul 4
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Hungary databank Jun 23
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India databank Jun 26
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Mexico databank Jul 1
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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
NEWS FLASH
UPCOMING WEBINAR - CAUCASUS AND CENTRAL ASIA: POLITICAL PASSIONS IN THE...
COUNTRY INSIGHTS
Final Post: Erdogan and AKP-MHP win, unofficially speaking
TURKEY · In Brief · 24 Jun 2018
I must stop my coverage before the final drama starts to be able to serve my audience fresh and early tomorrow. Despite its promises beforehand, at 12:15 midnight, the High Election Council is yet to announce the preliminary results of the elections. This minor detail has not stopped Erdogan from...
Third Post: Erdogan readying for “balcony speech", opposition disputes AA reports
TURKEY · In Brief · 24 Jun 2018
According to independent Haberturk TV, Erdogan has won in the first round, and he will “soon” make another one his famous balcony speeches. While other mainstream broadcasters are more circumspect, already Mahmoud Abbas and İlhan Aliev congratulated Erdogan for his victory. At home MHP leader Bah...
Second Post:Erdogan and AKP-MHP likely to win
TURKEY · In Brief · 24 Jun 2018
With 80-85% of the ballot counted, official media heralds a 4 point lead for Erdogan in the presidential race, while AKP-MHP has a daunting 55 seat majority in the Grand Assembly, as pro-Kurdish HDP scrapes by the 10% qualifying hurdle. The Fair Election website is still down, while the single op...
First Post: Erdogan and AKP-MHP lead amidst conflicting claims
TURKEY · In Brief · 24 Jun 2018
At 8 pm Istanbul time, the vote count is proceeding much faster than I had anticipated, thus I decided to start my entries one hour before the scheduled time.Currently, main stream media relying on Anatolian Agency, shows Erdogan leading with 56% of the vote, followed by Muharrem Ince at 29%.In g...
The political impact of Ricardo Martinelli's extradition
PANAMA · In Brief · 22 Jun 2018
Let’s define “uncertainty” in the current context. Panama will formally initiate the political campaign next August when Cambio Democratico (CD), the party created by former President Martinelli (2009-2013) -today on the opposition side- will hold its primary election to nominate the Presidential...
You can read me later
TURKEY · Report · 22 Jun 2018
We are fully aware that this Brief won’t make the top item on your weekend reading list, but since we will not release a weekly report this Sunday (because of elections), we thought we should quickly touch upon some of the developments and data releases of the past week – for the record. May b...
Maduro's "new beginning"
VENEZUELA · In Brief · 21 Jun 2018 · 1 response
Diosdado Cabello was elected by consensus, without contenders, as president of the National Constituent Assembly (ANC) replacing Delcy Rodríguez after having been in the shadows since 2015. This is a step in chavismo’s reengineering that Maduro dubs as the "new beginning". The decision reflects a...
A weakening of South Africa’s terms of trade results in a significant deterioration of the current account in the first quarter of 2018
SOUTH AFRICA · Report · 21 Jun 2018
There was a marked widening of the deficit in the current account of the balance of payments, from 2.9% of GDP in the fourth quarter of 2017 to 4.8% of GDP in the first quarter of 2018. This was largely due to the deterioration of the trade account during the period; South Africa’s trade balance ...
Final Words: Polls and undertows
TURKEY · In Brief · 20 Jun 2018 · 1 response
It is time to express my personal thoughts on 24 June election results, and the landscape in their aftermath. Gods willing, I shall start posting comments on this website starting 10-11 pm on Sunday night, to be followed by a brief early Monday.There will be no Weekly Report this week. While thes...
Another rate hike
PHILIPPINES · In Brief · 20 Jun 2018
Amidst tumbling financial markets, the Monetary Board (MB) decided today to raise its set of policy rates by 25bp, its second after last month's increase. The key overnight reverse repurchase rate now stands at 3.5%. The BSP said that while its latest baseline inflation forecasts have shifted l...
The IMF is unhappy
UKRAINE · In Brief · 20 Jun 2018
Yesterday the IMF finally made a statement on recent developments around the High Anti-Corruption Court (HACC). Christine Lagarde outlined four points to be completed for the fourth review of the program: approval of the supplementary law to formally establish the HACC;amendments to the law on HA...
The MNB today: an eventful day in Budapest
HUNGARY · In Brief · 19 Jun 2018
Well, this kind of a monetary policy event cannot be seen very often. Expecting that today's Monetary Council will not bring about any significant development in terms of tightening, the forint weakened further this morning, to EURHUF 324-325, just a bit down from yesterday. And then came the Cou...
More cabinet changes and FX policies
ARGENTINA · In Brief · 18 Jun 2018
This week will be an interesting thermometer to follow the market mood on Argentina. Even more so with tomorrow´s LEBAC auction, ahead of Wednesday’s formal approval of the stand-by agreement by the board of Directors of the IMF. As part of broader economic adjustments, aligned with the IMFstand-...
Paula and the cowboys
COLOMBIA · Report · 18 Jun 2018
Duque won Colombia’s presidency with 10.4 million votes (54% of total valid votes), while Petro obtained 8 million votes, equivalent to 41.8% (See Table 1). Figures 1 and 2 show the regional distribution indicating that some key provinces of central Colombia were responsible for these results. Du...
A bit of a problem with inflation
HUNGARY · Report · 18 Jun 2018
Those analysts who believed a few weeks ago that Fidesz was unlikely to use its two-thirds parliamentary majority to carry out further constitutional reforms appear to have been clearly wrong. In fact, a draft act to further restrict the operation of non-government organizations, and a constituti...