NEWS FLASH
Minister of Industries Francisco Rivadeneira was fired on February 19th, apparently over a dramatic tariff hike on Colombian and Peruvian imports, a move quickly rescinded in the Colombian case, and being reconsidered for Peru. Falling oil prices, combined with doll...
Considerable expectations surround the list Prosecutor General Rodrigo Janot will release this week.With the release of the list, the Petrobras scandal will enter a new phase.The House could vote on minimum wage policy. The Senate is expected to focus on political reform.Congress meets to vote...
This Special Report was originally issued on March 1, 2015 as a post on GSP Direct, the GlobalSource Partners interactive webtool providing clients an initial response to breaking news and developments.
The BJP, armed with a clear majority in the Lok Sabha a...
After new wave of hryvnia decline the Cabinet of Yetsenyuk is under attack. Budget deficit and hryvnia printing for budget needs were named as the key reasons for hryvnia plunging below 30 hryvnia per ...
The BJP, armed with a clear majority in the Lok Sabha, with the desire to break with Indian socialism, was expected to unveil a game plan for structural change from here t...
Hours before our editing deadline, incarcerated PKK leader Mr. Abdullah Ocalan issued a call to separatist terror organization PKK to convene its Grand Convention to consider a “reinforced ceasefire”. Can it work? We only assign 30% odds to success.
What doe...
Although the launch of the new Marginal Currency System (Simadi) dominated economic headlines in February, it proved to be much ado about nothing.
Despite the economic crisis and approval ratings at a paltry 20 percent, Maduro and his allies have consolidat...
Minister Nhlahla Nene presented his maiden Budget Speech yesterday in the midst of much “expected surprise”. His government faced a complex blend of domestic and international challenges. Personally, also, he had to take a stand, come out of the shadows of the previous two Finance Ministers un...
As the US Fed struggles with the language of its forward guidance, keeping markets on their toes, the BSP Governor has stated that any interest rate hike on its part need not be "in sync with the Fed" on both timing and size of adjustment. This...
CBRT’s 50 basis point cut of the O/N lending rate didn’t please the AKP government. The chorus of objecting voices which began with Premier Davutoglu was soon joined by President Erdogan who accused CBRT to be in collusion with “foreign powers” to h...
Ukraine’s situation has deteriorated. Despite widely expected budget cuts, which should have secured a stable hryvnia, the authorities have envisaged an overoptimistic spending plan for 2015, which presumes heavy hryvnia printing. To make matters worse, it sounds as...
Since my name was mentioned in Cosmic's latest post, I might as well do a follow up, though I have little to add to his succinct analysis, especially the two main observations He makes -- that: 1) rate cuts should not have much effect on domestic dem...