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.… Read the rest
Our EM Covid-19 vaccination table includes information on the immunization strategies selected EMs are pursuing and the challenges they face. Please do not hesitate to contact us if you want to discuss any of the countries mentioned in more detail.… Read the rest
Our EM Covid-19 vaccination table includes information on the immunization strategies selected EMs are pursuing and the challenges they face. Please do not hesitate to contact us if you want to discuss any of the countries mentioned in more detail.… Read the rest
Media and analyst reports focussing on the scope for further US Dollar weakness and Emerging Market currency outperformance have continued to proliferate in the past month.
The consensus view is still seemingly that a Democratic administration will fuel large US twin deficits and expectations of higher domestics inflation while Fed will keep rates on hold, eroding the value of Dollar assets.… Read the rest
Those who are “at-risk groups” will remember February 6, 1989: that day the Plan Primavera in times of José Luis Machinea and Juan Sourrouille blew up. Convertibility began in April 1991 and was the product of a difficult summer.… Read the rest
Last Friday Alberto Fernández, Cristina Kirchner, Sergio Massa, Axel Kicillof, Máximo Kirchner, among other leaders of the governing coalition, gathered in La Plata to rename a football stadium after Diego Maradona.… Read the rest
For a long time, our baseline scenario has been that Argentina reaches an agreement with the International Monetary Fund around March or April. Today the chances that this agreement is delayed until 2022 or at least until the legislative elections of October have grown.… Read the rest
Minister Guzmán’s orthodox turn in early December crashed with politics. Since Cristina Kirchner’s speech in La Plata, many things have changed in the government’s economic approach. Perhaps the most important is the arsenal of tools to fight inflation.… Read the rest
