Day: January 21, 2021

Emerging Markets

MACRO: Geopolitical implications of the new US administration

This piece provides an overview of the global geopolitical implications of the administration of US President Joe Biden. As always, please do not hesitate to contact us if you want to discuss any of the issues mentioned in more detail.


The officials Biden has appointed so far highlight the importance his administration will place on reassuring Asian allies that the US will remain a “resident power” committed to peace and security in the region.… Read the rest


Argentina: Diluted stabilization plan


  • Worldwide, states must deal with shortages, bottlenecks and other logistical issues in the effort to vaccinate their populations against Covid-19. Argentina has applied around 200,000 shots of the Sputnik V vaccine, ahead of other South American countries but far from those necessary to inoculate essential workers and high-risk groups.
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MEXICO: Unpredictable AMLO to complicate bilateral relations with US

It is difficult not to see various recent moves by President Andres Manuel Lopez Obrador (AMLO) as deliberately provocative to the new US administration. AMLO’s contrarian attitude is largely due to his drive to acquire leverage ahead of what he anticipates will be a more complex period in bilateral relations with the US, in which he is challenged on a wider range of issues than was the case under Donald Trump.… Read the rest

Central and Eastern Europe (CEE)


The Czech parliament is considering a bill introducing quotas for domestic food products in large retail outlets. In Poland, a growing reluctance by small businesses to comply with Covid-19 restrictions is increasing pressure on the government to start a gradual reopening.… Read the rest


EUROPE: Managing the pandemic – what we are watching

This updated weekly piece provides snapshots of how selected European governments are dealing with the ongoing Covid-19 pandemic. Please do not hesitate to contact us if you want to discuss any of the countries mentioned in more detail.

Graph of the week

EUROPE: Managing the pandemic – what we are watching 1


  • Although daily cases have stabilized around 19,000, the Macron administration plans to maintain restrictions in place in the coming weeks.

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