Popular Topics
Ecuador
Emerging Markets
Europe
France
FX
G7
Germany
Ghana
Global
Hong Kong
Hungary
India
Indonesia
Investment Strategies
Iran
Italy
Japan
Kenya
Kosovo
Latam
Latvia
Macro
Malaysia
Mexico
Middle East
Mozambique
Nigeria
Others
Peru
Philippines
Poland
Politics
Romania
Russia
Serbia
Slovakia
South Africa
South Korea
Spain
Thailand
Turkey
UK
Ukraine
US
Venezuela
Latest
EUROPE: Political risks around the second Covid-19 wave
Teneo
October 28, 2020
( 6 mins read ) – Despite differences between national pandemic experiences, the specter of renewed ICU shortages is currently prompting governments across Europe to return to more restrictive measures. – Fears of medical capacity issues might also have a positive effect on public support for new measures going forward, increasing governments’ leeway to deal
CHINA: Beijing may resist G20’s Common Framework for debt reduction
Speevr Moderator
October 28, 2020
( 5 mins read ) Beijing is resisting pressure from the G20 to adopt a Common Framework on debt relief that covers non-official, commercial loans to low-income countries. The Finance Ministry refuses to classify China Development Bank (CDB) as an official bilateral creditor subject to the Debt Service Suspension Initiative (DSSI). Chinese authorities are willing
SOUTH AFRICA: Is the MTBPS worth the paper it’s written on?
Teneo
October 28, 2020
( 5 mins read ) Finance Minister Tito Mboweni’s Medium-Term Budget Policy Statement (MTBPS) includes a less “active” stabilization of South Africa’s runaway debt than promised in June. The government now makes even bigger promises on cutting the public-sector wage bill – a good signal but implementation prospects remain uncertain. Other than an expected ZAR
Comment – Default Options
Teneo
October 28, 2020
( 11 mins read ) The world’s poorer nations are confronted by sharp recessions that threaten to endure. Poverty and inequality are rising rapidly, reversing earlier global income convergence. Public finances are coming under growing duress, and debt distress is mounting. The external liquidity support provided to date is looking increasingly inadequate. Defaults threaten to
POLAND: PiS moves toward challenging but inevitable coal phase-out
Teneo
October 28, 2020
( 3 mins read ) The Polish government appears committed to finally start the transition away from coal in the power sector. This will require difficult compromises with the country’s influential mining unions, and may trigger new protests and lower support for the ruling Law and Justice (PiS) party in its electoral strongholds. Nuclear power
TANZANIA: A referendum on Magufuli’s populist path
Teneo
October 27, 2020
( 4 mins read ) It is widely considered a foregone conclusion that President John Magufuli will be reelected in general elections on 28 October, as the race seems overwhelmingly skewed in favor of the ruling Chama Cha Mapinduzi (CCM). Yet a loose coalition between the main opposition parties, Chadema and ACT-Wazalendo, around presidential aspirant
MACRO: Policy responses to Covid-19
Teneo
October 27, 2020
( < 1 min read ) Below is this week’s updated table on the health and economic policies that selected governments around the world are implementing to counter the fallout from Covid-19. Please do not hesitate to contact us if you want to discuss any of the countries mentioned in more detail. Click on ‘View PDF’ below
NIGERIA: What next for #endSARS?
Teneo
October 27, 2020
( 4 mins read ) The #endSARS movement will likely retreat to social media for the foreseeable future and forfeit much of its leverage as a result. Past precedent suggests little of substance will emanate from the official commissions of inquiry set up to investigate the armed forces’ human rights abuses. Medium term, a politicized
MALAYSIA: PM Muhyiddin survives, barely
Teneo
October 27, 2020
( 3 mins read ) The United Malays National Organization (UMNO) decided late Monday evening to continue supporting Prime Minister Muhyiddin Yassin. Over the weekend, the prime minister had asked the king to declare a state of emergency, which would have forestalled any attempt to bring down his government, either by the opposition or from
CHILE: Key takeaways from constitutional referendum
Teneo
October 27, 2020
( 5 mins read ) A landslide in favor of a new constitution marks the beginning of an intense electoral cycle as well as the two-year constitutional process. The results do not necessarily undermine the mechanism to ensure consensus and moderation in the new constitution. A relatively high turnout should give the constitutional process legitimacy
Editor's Picks
EUROPE: Political risks around the second Covid-19 wave
Teneo
October 28, 2020
( 6 mins read ) – Despite differences between national pandemic experiences, the specter of renewed ICU shortages is currently prompting governments across Europe to return to more restrictive measures. – Fears of medical capacity issues might also have a positive effect on public support for new measures going forward, increasing governments’ leeway to deal
CHINA: Beijing may resist G20’s Common Framework for debt reduction
Speevr Moderator
October 28, 2020
( 5 mins read ) Beijing is resisting pressure from the G20 to adopt a Common Framework on debt relief that covers non-official, commercial loans to low-income countries. The Finance Ministry refuses to classify China Development Bank (CDB) as an official bilateral creditor subject to the Debt Service Suspension Initiative (DSSI). Chinese authorities are willing
Comment – Default Options
Teneo
October 28, 2020
( 11 mins read ) The world’s poorer nations are confronted by sharp recessions that threaten to endure. Poverty and inequality are rising rapidly, reversing earlier global income convergence. Public finances are coming under growing duress, and debt distress is mounting. The external liquidity support provided to date is looking increasingly inadequate. Defaults threaten to
CHINA: Are US business personnel at risk from Beijing’s “hostage diplomacy”?
Teneo
October 22, 2020
( 6 mins read ) Chinese officials reportedly threatened to detain US citizens in China in retaliation for US prosecutions of Chinese researchers for alleged visa fraud. The rise in US-China tensions this year has likely increased the risk to foreign businesspeople, but the change appears incremental not qualitative. If Beijing chooses to engage in
INDIA: Politics begins around a vaccine that is yet to be developed
Teneo
October 22, 2020
( 3 mins read ) With the last set of restrictions imposed to check the spread of Covid-19 – the near total ban on international travel – about to be lifted, discussion and politics is veering round to the vaccine and how it will be distributed. The government has announced that while commercial international travel
PBoC likely to keep Renminbi on tight leash
4X Global Research
October 22, 2020
( 10 mins read ) Only four currencies have appreciated by more than 4% versus US Dollar since end-July: the high-yielding South African Rand (4.6%) and Mexican Peso (5.8%), the Chinese Renminbi (4.4%) and Korean Won (5.2%). The Renminbi’s steady pace of appreciation will, all other things equal, put further downward pressure on Chinese headline
MACRO: Policy Responses to Covid-19
Teneo
October 21, 2020
( < 1 min read ) Below is this week’s updated table on the health and economic policies that selected governments around the world are implementing to counter the fallout from Covid-19. Please do not hesitate to contact us if you want to discuss any of the countries mentioned in more detail. Click on ‘View PDF’
CHINA: Top party leaders to set five-year policy agenda at key annual meeting
Teneo
October 21, 2020
( 5 mins read ) The Communist Party’s most important annual political meeting will convene on 26 October to set key development targets for the next five years. The focus of the 14th Five-Year Plan will be fleshing out the new “dual circulation” economic strategy, which aims to reduce China’s reliance on foreign technology and
ARGENTINA: The Wrong Treatment for the Wrong Diagnosis
Econviews
October 21, 2020
( < 1 min read ) Related Reports BRAZIL: Guedes gets it wrong in Davos, Bolsonaro gets it right in Brasilia
ARGENTINA: The Government Runs Behind the Exchange Crisis
Econviews
October 21, 2020
( 14 mins read ) Last week, there were both monetary policies and declarations. On one hand, minister Guzmán hinted at the outlines to an arrangement with the IMF in his speech at the IDEA forum. An agenda to lower the deficit to zero and impose limits on the Central Bank’s financing of the Treasury,
Recent roundtable highlights
Events
Speevr exclusive event