Services

NEWS FLASH

UPCOMING WEBINAR - LATIN AMERICA IN 2025: HOW WORRIED SHOULD WE BE?...

Learn More

COUNTRY INSIGHTS

Government Evaluation
BRAZIL POLITICS · Report · 17 Dec 2014

Amidst challenges, CNI/Ibope poll was positive for Dilma The Ibope poll contracted by CNI and conducted on December 5-8 shows that evaluations of the Dilma Rousseff (PT) government are stable. “Great/good” evaluations dropped two percentage points (40% to 38%) in the last three months, a percenta...

The Ups and Downs of 3Q
COLOMBIA · Report · 16 Dec 2014

Colombia’s GDP expanded by 4.2% in 3Q; while the economy is slowing relative to a more dynamic first half of the year, it is still in good shape vis a vis the rest of the world, and set to grow by close to 5% by the end of the year (Figure 1). The most vigorous sector continues to be construction...

Recovery of Retail Sales: Will it Prove Sustainable?
BRAZIL ECONOMICS · Report · 15 Dec 2014

The good news is that real retail sales expanded substantially in October, both in the restricted sense (+1%) and augmented sense (+1.7%), which includes cars and construction materials. October was the third straight month of elevation. With this, it is likely that the third quarter this year wi...

Upbeat Confidence Likely to Face Some Correction
SOUTH AFRICA · Forecast · 15 Dec 2014

Executive SummarySouth Africa’s economic recovery faces a steep uphill on the back of structural blockages in the energy. Sporadic electricity supply during the last quarter of 2014 will in all probability sap some of the confidence exuded by firms in recent opinion surveys. Against this backdrop...

Weekly Tracker: December 14-20
TURKEY · Report · 14 Dec 2014

Executive Summary Our core agenda remains spillover from the war on ISIS to Turkey, the Peace Processes with the Kurds -- and now the Alevites; and the upcoming Constitutional Court ruling on the 10% election hurdle. Promising that these will be adequately covered in our upcoming Monthly report, ...

Scenarios in Crisis of Justice/Security
MEXICO · Report · 11 Dec 2014

Executive SummaryAmid the dual-faceted political crisis Mexico is experiencing – an institutional crisis and a crisis of leadership and legitimacy – and under mounting pressure to produce quick results, last week the administration of President Enrique Peña Nieto cobbled together a series of disp...

A Word Worth $20 Billion
VENEZUELA · Report · 11 Dec 2014

The recent reform of the BCV Law allows the Board of the Bank to include about $20 billion in assets booked as Various Foreign Exchange Assets since July 2014. The Bank has not disclosed details on these assets. Our sources report that this account contains two structured notes written by foreign...

Revising Financial Prices Outlook
PHILIPPINES · Report · 11 Dec 2014

In our most recent outlook report (“Shifting Sands,” November 14, 2014), our baseline scenario took into consideration a 50bp BSP policy rate hike in 2H15 in step with a US Fed rate hike. The sands have since shifted, and following our conversation with the BSP Governor yesterday, we are now look...

Mixed Labor Market Outlook for Year
MEXICO · Report · 11 Dec 2014

Executive Summary In this week’s Economic Panorama we analyze what the labor market data to date can tell us about broader economic trends, and how economic activity is likely to close the current year. We also delve into some of the reasons why robust growth in payroll employment has failed to t...

Growth Disappoints, Basci Uplifts
TURKEY · Report · 10 Dec 2014

Turkish GDP came in lower than expected in the third quarter of the year -- 1.7% actual vs. 2.9% forecast, y/y – the main culprits being a large contraction in agriculture from the production side and inventory drawdown from the expenditure side. In the year through Q3, GDP thus expanded by 2.8%,...

Post RUFO Debt Negotiation
ARGENTINA · Report · 10 Dec 2014

EXECUTIVE SUMMARY As December 31 gets closer, and the RUFO clause expires 10 years from the first debt swap, the market focuses again on the government’s signals regarding its willingness to negotiate with holdouts. In this report, we will present our perspective on what to expect on this issue d...

Taking Stock of China’s Transition
CHINA FINANCIAL · Report · 10 Dec 2014

Special points to highlight in this issue:While policymakers almost certainly understand that the interest rate cuts announced by the PBoC two weeks ago will slow the pace of rebalancing, the asymmetry of the change in rates was designed to minimize the adverse impact on rebalancing, and indicate...

Central Bank Law Reform
VENEZUELA · Report · 09 Dec 2014

The BCV Law reform decreed by President Maduro under the aegis of the Enabling Law (Official Gazette No. 6156 Extraordinary, 19 November 2014) is a step back in terms of foreign reserve management and transparency.Article 31 hints that the flow of macroeconomic and financial data published by the...

COPOM Decision: Giving with one Hand and Taking Back with the other
BRAZIL ECONOMICS · Report · 08 Dec 2014

In its first meeting since the presidential election, the Monetary Policy Committee (COPOM) started a tightening cycle. It justified the decision (which was not unanimous) by stating that it was due to the inflationary effects coming from the “intensification of the adjustments or relative prices...

Internal Contradictions
CHILE · Report · 08 Dec 2014

Executive SummaryTwo major international summits that took place in November, in China and Australia, were all about Ukraine and Russia and met with no apparent success. Despite intense consultations, President Putin was unable to conduct a fruitful dialogue with his counterparts from Europe, and...

Copyright 2024 GlobalSource Partners. All rights reserved.