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Events
Databanks
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Argentina databank Nov 7
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Brazil Economics databank Nov 15
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Central America databank Oct 31
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Chile databank Oct 23
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China databank Mar 21
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Colombia databank Nov 6
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Dominican Republic databank Nov 20
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Ecuador databank Oct 23
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Gulf Countries databank Nov 22
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Hungary databank Nov 21
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India databank Oct 30
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Mexico databank Nov 15
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Panama databank Sep 11
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Peru databank Oct 15
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Philippines databank Nov 8
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Russia Economics databank Nov 13
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South Africa databank Nov 1
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Turkey databank Sep 18
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Ukraine databank Nov 12
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Venezuela databank Nov 5
NEWS FLASH
UPCOMING WEBINAR - LATIN AMERICA IN 2025: HOW WORRIED SHOULD WE BE?...
COUNTRY INSIGHTS
Colombian Treasury buying dollars to weaken the COP
COLOMBIA · In Brief · 13 May 2014
The Minister of Finance posted a tweet announcing that the Treasury is going to buy USD to weaken the COP. The announcement had an important impact on the fx market today. However, the important question is the Treasury's capacity to intervene. For now, according to the Ministry, excess cash at h...
Post-Election Fine Tuning
HUNGARY · Report · 13 May 2014
Executive Summary Although the new cabinet is not expected to be up and running before early June, post-election policy shifts are discernable, in the new Central Bank and State Debt Management Agency measures to reshape government financing, and the update of Hungary’s convergence program. Herei...
Quiet Launch of Security Plan
MEXICO · Report · 13 May 2014
Executive Summary With absolutely no fanfare the federal government published its National Public Security Program for 2014-2018, at long last spelling out the administration’s security objectives, strategies and lines of action, as well as the indicators the government will be using for gauging ...
Infrastructure Plan’s Challenges
MEXICO · Report · 13 May 2014
Executive Summary The week before last, the administration of President Enrique Peña Nieto unveiled its National Infrastructure Plan (NIP) for 2014-2018. Over the course of April officials announced a total of 44 national, institutional, regional and state programs – including 32 that were announ...
Zero inflation trend continued in April
HUNGARY · In Brief · 13 May 2014
CPI-inflation for April came out at 0.1% mom / -0.1% yoy in April, which made the average Jan-Apr yoy inflation rate exactly 0%. The April data was pulled down by a 0.5% yoy decline of food prices, due to the right amount of rainfall and the lack of freezing temperatures, which could have destroy...
Resurrections, Alarms, And Scandals
COLOMBIA · Report · 12 May 2014
Executive SummaryWith the June 1 Inauguration Day approaching, President-elect Salvador Sánchez is being forced to face financial realities. Though he’s built bridges with various sectors and laid the groundwork for a favorable domestic climate, recent data make clear that the budget lacks funds,...
Outlook on the Elections
INDIA · Report · 12 May 2014
Executive SummaryIt would be surprising if the mainstream projections of a clear majority for the BJP work out. The NDA is likely to come to power, but as a weak coalition dependent on the support of a few allies and it is likely to have a weak position in the Rajya Sabha until 2016. It is unlike...
Inflation: Differences Between 2002 and 2014
BRAZIL ECONOMICS · Report · 12 May 2014
There is little doubt that after the elections the Central Bank will have to undertake the hard task of bringing inflation back to the 4.5% target. There is also little doubt that convergence to this target will be a long and arduous process.
Political Insights: Week of May 12
BRAZIL POLITICS · Report · 12 May 2014
The 10-minute PT party ad will air on Thursday, with Dilma Rousseff and Lula as the focus of the ad.Guido Mantega goes to the House to address the Petrobras allegations as well as the economic scenario.Congress continues focus on the Petrobras CPI.Mayors from all over the country will take part i...
Chugging Along
PHILIPPINES · Forecast · 12 May 2014
Executive Summary By and large, the central scenario we drew up in our last quarterly report continues to hold, with government’s own leading economic indicator pointing to a slowdown in 1Q14 GDP growth.We are also seeing several potential drags on growth, including infrastructure bottlenecks and...
Postponing Decisions and Increasing the Costs of the Adjustment
BRAZIL ECONOMICS · Report · 12 May 2014
Executive Summary By all indications, GDP growth in 2014 will fall shy of that in 2013, with a further decline in 2015. Inflation will close the year near 6.5%, which together with the effects of the correction of gasoline and electricity prices will require a further increase in the interest ...
Another ‘referendum’? Or just opinion-poll?
UKRAINE · In Brief · 12 May 2014
On May 11 separatists did organize the widely advertised ‘referendum’. Bulletins printed on common printers. Only few polling points (instead of few hundreds needed). No passports or other IDs needed to vote. Some cities are voting for Donetsk National Republic, some cities are voting for merging...
Weekly Tracker: May 11-17
TURKEY · Report · 11 May 2014
Executive Summary Industrial production surprised on the upside in March, expanding 4.2%, y/y. This has brought the IP growth in Q1 to a solid 5.3% (unadjusted), up from Q4’s 3.8%, marking a stronger than envisaged entry into the year. What is the source of this resilience? To answer this questio...
IPCA: Inflation Accelerates
BRAZIL ECONOMICS · Report · 09 May 2014
In March the IPCA grew by 0.92%, in comparison with the IPCA-15 of 0.73%, raising the 12-month figure from 5.68% to 6.15% (Graph 1). With this result, the probability has grown that inflation will exceed the upper bound of the target interval at some point during the second or third quarters this...
Changing the Rules
RUSSIA / FSU POLITICS · Report · 08 May 2014
Increasing international pressure and sanctions by the US and its allies have been used by Russia’s ruling elite as an excuse to intensify control over society at large. However, top-level decision-makers would also like to maintain tighter control over the national elite, and for that reason Pre...