INDONESIA: Another cabinet minister falls to anti-corruption drive
The recent high-profile arrests of two cabinet ministers for corruption delivers several near-term benefits.However, only time will tell if these developments reflect real institutional momentum or are more of a public relations effort.The arrest of a minister from the president… Become a member to read the rest of this article Username or E-mail Password […]
Ten developments to watch for in 2021, and beyond
LlewellynConsulting’s Ten developments to watch for in 2021, and beyond details what we judge most likely to happen; and pays particular attention to detailing what we see as the main risks and uncertainties. There is growing recognition of the existential threat of cl… Become a member to read the rest of this article
Sunday bloody Sunday
Sterling underperformed in September, in line with our bearish forecast (UK & Sterling facing potential quadruple whammy, 4th September 2020). It gradually recovered from 22nd September, appreciated throughout October and peaked on 27th November. Sterling NEER has si… Become a member to read the rest of this article
ARGENTINA: Understanding CFK’s political aloofness
Vice-President Cristina Fernandez (CFK)’s latest open letter published on 9 December is another reminder that her over-riding objective is the pursuit of legal impunity for herself and her children. It also points to a political strategy akin to a “bad bank” scheme in which Presi… Become a member to read the rest of this […]
TURKEY: (Toothless) EU and US sanctions next
Due to a toxic mix of over-ambitious policy objectives, aggressive nationalism, and colossal policy miscalculations, Turkey is set to reach a rather peculiar, if not unique, record: becoming a country that has been officially sanctioned by Russia, the US, and the EU. All in les… Become a member to read the rest of this […]
CHINA: Achieving zero-carbon goal requires overcoming entrenched coal interests
President Xi Jinping pledged that China’s carbon emissions would peak by 2030 and decline to net zero by 2060. Achieving the ambitious 2060 goal will require a mix of market-oriented reforms in the power sector and administrative tightening to reduce reliance on coal. Stiff… Become a member to read the rest of this article