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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 9
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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 May 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 May 6
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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
S&P has taken back the positive outlook from its BBB sovereign rating for Hungary
HUNGARY · In Brief · 02 May 2020
Well, it did not take a very long time. S&P announced the positive outlook on February 14 this year, signalling that it would soon consider an upgrade for the Hungarian sovereign's BBB rating. But then came Covid-19, and in an extraordinary statement released on April 28, the outlook was announce...
Disobedience probe: alarming ring of big reshuffle
UKRAINE · In Brief · 02 May 2020
Yesterday we witnessed events, which might be the first signal of big shift in Ukrainian politics. Mayor of Cherkasy, a town in central Ukraine with near 280 thnd inhabitants, eased quarantine restrictions from May 1st ahead of any orders from Kyiv. President Zelenskiy in his regular video-addres...
Procter and Gamble gaining in Russia
RUSSIA / FSU POLITICS · In Brief · 02 May 2020
30-50% of Russian economic output has been closed down to coronavirus. Procter and Gamble (P&G) is allowed to continue as normal. It produces coronavirus necessaries. These include Fairy and Tide.P & G has posted some of its best ever results for Q1. Sales are up. People have stocked up. 60% of P...
GULF WEEKLY: Coronavirus slows, Saudi/Qatar fiscal data, Oman/Dubai GRE downgrades
GULF COUNTRIES · Report · 01 May 2020 · 1 response
The weekly is a skimmable summary of key developments by country, overlaid with our analysis, the outlook and links to further information. Headlines include: * Oil rose by about $5 over the week, and the new OPEC+ quotas came into effect today. * Coronavirus growth rates finally began to slo...
Severe Q2 economic contraction expected
DOMINICAN REPUBLIC · Report · 01 May 2020
The number of COVID-19 cases continues to rise. As of last week, more than 6,500 people had been confirmed positive, and nearly 300 had died. The daily number of new infections has declined, which could mean social distancing is working. But it’s early to draw conclusions. The number of daily tes...
China’s “special” stimulus
CHINA ADVISORY · Report · 01 May 2020
China relies less on monetary stimulus through the banks and more on fiscal expansion through targeted investments. Even when it supplies credit to the banks through a monetary expansion, as it is doing currently through various programs, these come with fiscal restrictions – orders from the regu...
GlobalSource Partners' Analyst Webinar Series featuring Juan Carlos Echeverry and Andres Escobar: The depth of recession and the ramp of recovery
COLOMBIA · Report · 01 May 2020
Juan Carlos Echeverry and Andres Escobar discuss Colombia’s macro and fiscal outlook in response to the coronavirus crisis.
GlobalSource Partners' Analyst Webinar Series featuring Lucas de Aragao: The consequences of Sergio Moro's resignation
BRAZIL POLITICS · Report · 01 May 2020
In this call, Lucas de Aragao discussed the political environment in the aftermath of Sergio Moro's resignation, including President Bolsonaro's positioning and support, and the prospects for Brazil's reform agenda.
Russia's vast size shows difficulties containting COVID-19 infections
RUSSIA / FSU POLITICS · In Brief · 01 May 2020
On April 30 Russia's prime minister announced he has coronavirus. Mikhail Mishustin's duties are temporarily being carried out by deputy prime minister Andrei Belousov. Putin has never before appointed someone to do another's duty due to the incumbent's illness.Over 114 000 people have been diagn...
In a nod to the bases, Bolsonaro polarizes regarding the Supreme Court
BRAZIL POLITICS · Report · 30 Apr 2020
Alongside the positive signs made yesterday towards the Federal Supreme Court (STF) with the indications of André Mendonça for the Ministry of Justice and Public Security and José Levi for the Advocacy General of the Union (AGU) – names with good relations in the STF – President Jair Bolsonaro st...
Can South Africa weather the COVID-19 storm?
SOUTH AFRICA · Forecast · 30 Apr 2020
Summary and Assumptions • Emerging Markets: As the COVID19-induced global economic chaos intensifies, there has been an even greater shift of capital from emerging markets to countries considered safer as investors are becoming more risk averse. This, together with the steep contraction in eco...
Inflation Report: Another day in the dialogue of the deaf
TURKEY · Report · 30 Apr 2020
The CBRT has released the year's second Inflation Report today, according to which the Bank cut its year-end inflation forecast from 8.2% to 7.4%, while keeping the 2021 forecast unchanged at 5.4%. The revision is due to downward pressure from lower commodity prices and weak domestic demand condi...
Russia encourages Iran to stand firm against the USA
RUSSIA / FSU POLITICS · In Brief · 30 Apr 2020
On April 29 Moscow said that Iran should not cave in to American provocations. Russia asked Tehran to be cautious and restrained. The United States was slammed for ''aggressive rhetoric''. Iran and the US have argued over the incident on April 15 in which 11 Iranian patrol boats came close to a U...
Ukraine seeks to bring Russia to the International Criminal Court
RUSSIA / FSU POLITICS · In Brief · 29 Apr 2020
On April 21 Ukraine's prosecutor-general launched an investigation into Russian actions in Crimea, Luhansk and Donbass. Kyiv alleges that Russia has committed crimes against humanity in these regions. These are persecution, illegal conscription, show trials, shelling of civilians, kidnapping, inh...
STF blocks Bolsonaro appointee to Federal Police
BRAZIL POLITICS · Report · 29 Apr 2020
The decision of the Minister of the Federal Supreme Court (STF), Alexandre de Moraes, to suspend the appointment of Alexandre Ramagem to the top position at the Federal Police´s (PF) represents a setback for President Jair Bolsonaro, who had chosen him to replace Maurício Valeixo. In a prelim...