SPAIN: The waiting game
The approval of the 2020 budget, which will determine whether the government of Prime Minister Pedro Sanchez can survive the next 12 months, continues to be entangled with the Catalonia issue. While the government had suggested it would adopt the draft budget and send it to … Become a member to read the rest […]
WEEKLY POLITICAL COMPASS
Outside Hubei, the number of new coronavirus cases in China keeps declining. Talks between Argentina and its creditors continue on various levels. The leadership of Germany’s ruling party is still up for grabs. The US president will visit India. Meanwhile, protests could be ahead… Become a member to read the rest of this article
CUBA: US election carries extra weight amid tightening pressures
The economy is in a precarious state. In a sign of the liquidity crunch, it has emerged that the government last year missed payment obligations on its Paris Club debt, which was restructured in 2015 on terms highly favorable to Cuba. In addition, shortages of fuel, cooking gas, … Become a member to read […]
LATAM PULSE
This week, Argentina’s precursory debt moves will continue – with little to ease creditor skepticism. Venezuela takes another step towards international isolation, while Brazil will see budget wrangles in Congress. Chile marks four months since the outbreak of serious unrest. Fin… Become a member to read the rest of this article
JAPAN: Abe’s future could depend on handling of coronavirus outbreak
[vc_row][vc_column][vc_column_text] Growing public anxiety about the potential for a wider outbreak – and doubts about the Abe government’s handling of the crisis – may be weighing on the government’s support. The administration is bracing for more cases, and managing the cri… Become a member to read the rest of this article
CHINA: Top leaders increasingly confident that coronavirus measures are working
● New cases outside Hubei province have declined for 14 consecutive days suggesting that a turning point is near. ● President Xi Jinping and Premier Li Keqiang appear increasingly willing to stake their personal credibility on the success of virus containment measures. ● Ch… Become a member to read the rest of this article
SOUTHEAST ASIA: Outbreak scenarios
● Covid-19 cases are low in Southeast Asia. ● One possible reason could be deficiencies in diagnostic capabilities. ● Response capabilities vary within the region and porous borders are a concern. Strong controls, patchy diagnoses or bullet-dodgers? As of Monday, Southeas… Become a member to read the rest of this article
Macro Series – Comment – Lowlife: the dynamics of rock bottom bond yields
After a near 40-year bull market, advanced-economy bond yields remain historically low. Inflation has also fallen to subdued, often uncomfortably depressed, levels. The persistent decline in long-term interest rates reflects mutually reinforcing secular forces. Some of t… Become a member to read the rest of this article