report March 19, 2021 JAPAN: Challenging agenda awaits as Diet considers digital agency legislation The Bank of Japan (BOJ) announced the results of a policy review at its meeting on 18-19 March. The review resulted in several changes to the BOJ’s asset purchases and interest-rate targeting Yield Curve Control (YCC) program, but on the whole, the policy review indicates that th... Become a member to read the rest of this article Username... By Tobias Harris Teneo
report March 19, 2021 PHILIPPINES: Economic worries may keep government from implementing a lockdown Speculation is increasing in the capital of additional restrictions soon because new Covid-19 cases and the positivity rate have been rising steeply over the past two weeks. Today’s national number of 7,103 new cases is the highest since the start of the pandemic. Compared to oth... Become a member to read the rest of this article Username or... By Bob Herrera-Lim Teneo
report March 19, 2021 EMERGING MARKETS: Covid-19 Vaccination Strategies and Challenges Our Covid-19 vaccination table includes updated information on the immunization strategies selected EMs are pursuing and the challenges they face. Below are some of this week's key developments. Please do not hesitate to contact us if you want to discuss any of the countries ment... Become a member to read the rest of this article Username or E-mail... By Teneo Macro Teneo
report March 18, 2021 KOREAN PENINSULA: New administration works to strengthen cooperation with Seoul US Secretary of State Tony Blinken and Secretary of Defense Lloyd Austin arrived in Seoul on Wednesday, 17 March for meetings with South Korean Foreign Minister Chung Eui-yong and Defense Minister Suh Wook, including a 2+2 meeting with all four officials on 18 March. While the a... Become a member to read the rest of this article Username... By Tobias Harris, Victor Cha Teneo
report March 18, 2021 BRAZIL: Bolsonaro still in denial as pandemic reaches its worst moment Brazil has reached Covid-19 global epicenter status, but it is unlikely that President Jair Bolsonaro will change his denialist rhetoric on the importance of mask-wearing, social isolation, or lockdowns. It was hoped that following the re-emergence of former president Luiz Inacio... Become a member to read the rest of this article Username or E-mail Password Remember Me ... By Mario Marconini Teneo
report March 18, 2021 NETHERLANDS: No alternative to Rutte’s course As widely expected, PM Mark Rutte has won the 17 March Dutch elections, gaining a fourth term after a decade in office. Some final district results are still being counted, but it appears that Rutte’s center-right Liberals (VVD) won two additional seats, taking him to 35 members ... Become a member to read the rest of this article... By Carsten Nickel Teneo
report March 18, 2021 EUROPE: CEE PULSE The Covid-19 pandemic is spreading swiftly across the region, and most countries have been forced to introduce strict countrywide or regional lockdowns. Despite soaring infections, the general elections in Bulgaria remain scheduled for 4 April. In the Czech Republic, the parliame... Become a member to read the rest of this article Username or E-mail Password Remember Me ... By Andrius Tursa Teneo
report March 18, 2021 MEXICO: Energy nationalism and salvo against mining add to investor concerns This week was always likely to see some anti-business rhetoric or gesture from President Andres Manuel Lopez Obrador (AMLO) given that today, 18 March, is the anniversary of the 1938 nationalization of the oil sector. To mark the day, AMLO is in the oil-producing Tabasco, his hom... Become a member to read the rest of this article Username... By Nicholas Watson Teneo
report March 18, 2021 ASIA: Weekly politics update Below is the weekly update of political developments across East Asia. Please do not hesitate to contact us if you want to discuss any of the countries mentioned in more detail. US/CHINA: Commerce Department subpoenas signal Biden approach to China tech The US Commerce Department... Become a member to read the rest of this article Username or E-mail... By Bob Herrera-Lim, Gabriel Wildau, Tobias Harris Teneo
report March 18, 2021 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 France Daily cas... Become a member to read the rest of this article Username or... By Andrius Tursa, Antonio Barroso, Carsten Nickel, Luis Cornago Teneo
report March 18, 2021 INDONESIA: Why the sovereign wealth fund could punch well above its weight The new sovereign fund will have a modest capitalization initially, but its investment priorities will signal the government’s priorities. Whether the fund will evolve into a politically-directed entity or an effective catalyst for foreign and private investment is the main ques... Become a member to read the rest of this article Username or E-mail Password Remember Me ... By Bob Herrera-Lim Teneo
report March 18, 2021 TANZANIA: Presidential succession legally straightforward, politically messy Late on 17 March, Vice President Samia Suluhu Hassan announced on state broadcaster TBC that President John Magufuli had passed away from heart complications at a Dar es Salaam hospital. Ending nearly three weeks of speculation over the president’s health and whereabouts, Maguful... Become a member to read the rest of this article Username or E-mail Password Remember... By Anne Frühauf Teneo
report March 17, 2021 ITALY: More of the same The cabinet will approve, as early as this Friday, a EUR 32bn package of measures, including an extension of the ban on layoffs and of furlough schemes, alongside with fresh resources for income support, the health sector, and businesses hit by the pandemic. Most of the measures ... Become a member to read the rest of this article... By Wolfango Piccoli Teneo
report March 17, 2021 CHILE: Reflections on April’s mega-vote Mayoral, municipal council, gubernatorial, and constituent assembly elections are scheduled for 10-11 April. Forecasting outcomes is unusually difficult because there is virtually no precedent for the constitutional or gubernatorial elections, while polling for the former is alm... Become a member to read the rest of this article Username or E-mail Password Remember Me Forgot Password... By Nicholas Watson Teneo
report March 17, 2021 ISRAEL: Netanyahu in another toss-up election Israeli politics continue to revolve around Prime Minister Benjamin Netanyahu, whose center-right politics have move rightward with Israeli sentiment. The election’s outcome will depend on which small parties make it over the electoral threshold for inclusion in parliament, and ... Become a member to read the rest of this article Username or E-mail Password Remember Me ... By Jon B. Alterman Teneo
report March 16, 2021 JAPAN/US: Allies take sharper tone on China but next steps unclear Ministerial-level talks between US and Japanese officials produced a more explicit condemnation of China’s behavior than ever before. The statement acknowledges the reality that the two allies are increasingly focused on deterring and countering China, but it is unclear how thei... Become a member to read the rest of this article Username or E-mail Password Remember Me ... By Tobias Harris Teneo
report March 16, 2021 CHINA: Strengthening renminbi may encourage loosening of capital controls The renminbi has strengthened 8% against the dollar over the last year, driven by a resurgent trade surplus and strong flows of foreign investment into China's onshore bond market. Capital outflow restrictions may be loosened this year, as regulators seek to balance inbound and ... Become a member to read the rest of this article Username or E-mail... By Gabriel Wildau Teneo
report March 16, 2021 GERMANY: Beyond the conservative candidature conundrum After Sunday’s regional elections, the pressure on Christian Democrats (CDU) leader Armin Laschet has increased. However, he remains unlikely to renounce the Christian alliance’s (CDU/CSU) chancellor candidacy for CSU leader Markus Soeder. With a view to business implications – ... Become a member to read the rest of this article Username or E-mail Password Remember Me ... By Carsten Nickel Teneo
report March 16, 2021 INDIA: Spike in infections raises economic concerns Prime Minister Narendra Modi has called for an urgent meeting of chief ministers of all states on 17 March to address the sudden increase of Covid-19 cases across the country. The number of new cases has risen dramatically in Maharashtra, Punjab, Karnataka, Gujarat, and Tamil Nad... Become a member to read the rest of this article Username or... By Aditi Phadnis Teneo
report March 16, 2021 SLOVAKIA: Government crisis escalates: Potential scenarios Prime Minister Igor Matovic (Ordinary People and Independent Personalities, OLaNO) is facing growing pressure to resign from two of the governing coalition parties. While Matovic’s resignation would help keep the four-party coalition intact, it is unclear whether he is willing to... Become a member to read the rest of this article Username or E-mail Password Remember Me ... By Andrius Tursa Teneo
