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Argentina: The Week at a Glance

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Editorial: The Financial Health of the Provinces Argentina’s provinces finished 2019 with a primary fiscal surplus for the second year in a row. But, despite this improvement in fiscal behavior, three provinces have already defaulted this year and the fate of the rest seems to be…   Become a member to read the rest of […]

SPAIN: Managing the pandemic remains biggest short-term challenge for Sanchez

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As expected, last Sunday’s elections in the Galicia and Basque Country regions returned resounding victories for the center-right incumbents. Despite the poor results of the Socialist Workers’ Party (PSOE) and Unidas Podemos, the regional polls are likely to have a limited impact…   Become a member to read the rest of this article

HONG KONG: National Security Law impact – breakdown by sector (1)

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The National Security Law (NSL) gives Hong Kong and mainland authorities a powerful new set of legal and enforcement tools, but it remains unclear how or whether these tools will be applied. Large-scale exodus of multinational business from Hong Kong is unlikely unless or un…   Become a member to read the rest of this […]

EU: The biggest risks loom once the recovery money starts flowing

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On 17-18 July, heads of state or government will convene for their first in-person summit since the outbreak of the pandemic. The goal for the special European Council is to agree a new multiannual financial framework (MFF) for the period 2021-27, including the envisaged EUR…   Become a member to read the rest of this […]

JAPAN: National government continues to clash with governors over rising cases

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The Abe government and the Tokyo metropolitan government have clashed over how to respond to the growing number of Covid-19 confirmed cases, centered mainly in Tokyo. The national government may be willing to consider some restrictions on high-risk facilities, but is deter…   Become a member to read the rest of this article

INDIA: Along with the disease, the politics

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With Covid-19 infections rising (likely to touch 1mn in the next few days) and little sign that the country is going to flatten the curve anytime soon, the opposition, led by the Congress party, has sharpened its criticism of New Delhi’s handling of the pandemic. However, in inte…   Become a member to read the […]