Political Risk Analysis - New Cabinet Reinforces Likelihood Of An Election Delay - 22 MAY 2017
Emerging Markets Monitor May 2017 / Congo / Economy
President Joseph Kabila announced a new cabinet on May 9 for Democratic Republic of Congo, naming a list of more than 50 ministers and deputy ministers. The composition of the new cabinet further...
Economic Analysis - Aramco IPO: Scenarios For Economic Transformation - 20 MAR 2017
Emerging Markets Monitor March 2017 / Saudi Arabia / Economy
The success of the IPO of national oil company Saudi Aramco will be crucial in determining the economic and political trajectory of the kingdom over the coming decade. As a central tenet of Vision...
Economic Analysis - Quick View: Debt Deal Averts Chaotic Default - 20 MAR 2017
Emerging Markets Monitor March 2017 / Belize / Economy
Belize renegotiated the terms of its USD530mn 2038 'Superbond', lowering its coupon payments and delaying principal payments. The deal will allow the country to avert a potentially chaotic default...
Economic Analysis - BMI vs Consensus: Below Consensus On Saudi As Production Cuts Hit - 20 MAR 2017
Emerging Markets Monitor March 2017 / Middle East / Economy
We maintain our below-consensus growth forecast for Saudi Arabia, as we expect the economy to contract by 0.2% in 2017, against growth of 0.9% according to Bloomberg consensus.
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Economic Analysis - Public-Led Investment Will Drive Growth - 06 FEB 2017
Emerging Markets Monitor February 2017 / Gabon / Economy
The Gabonese economy will maintain robust growth over the coming years, driven by public-led investments and supported by rising oil prices. That said, the risk of unrest and strained relationships...
Currency Forecast - TTD: Devaluation Likely Amid Rising Pressures - 30 JAN 2017
Emerging Markets Monitor January 2017 / Trinidad & Tobago / Economy
The CBTT will gradually devalue the Trinidadian dollar in 2017 in response to significant pressure on the country's external and fiscal accounts. A more substantial devaluation is likely in the...
Market Strategy - Sovereign Default Is Likely In 2017 - 14 NOV 2016
Emerging Markets Monitor November 2016 / Venezuela / Economy
Amid an unabated economic crisis and soaring political tensions, we believe the probability of Venezuela defaulting on its sovereign debt obligations in 2017 exceeds 50%. Venezuela is unlikely to...
Economic Analysis - Further Rate Hikes Will Target Return In Investment - 01 AUG 2016
Emerging Markets Monitor July 2016 / Nigeria / Economy
The Central Bank of Nigeria will enact a further 200 basis points of hikes over the next six months in a bid to encourage a return in international investment. High structurally driven inflation...
Economic Analysis - Moderating Price Pressures Support Rate Hold - 01 AUG 2016
Emerging Markets Monitor July 2016 / Peru / Economy
The Banco Central de Reserva del Per? will maintain a rate-holding cycle through the end of the year as inflation moderates. In 2017, robust economic activity growth will encourage a modest rate...
Political Risk Analysis - Morocco Rejoining The AU: Influence To Increase, Western Sahara Stalemate To Continue - 01 AUG 2016
Emerging Markets Monitor July 2016 / Morocco / Economy
By rejoining the African Union, Morocco aims to increase its diplomatic reach on the continent. This marks a radical shift from the empty-seat strategy Morocco had adopted since 1984. Rabat will use its newly-found lobbying power to push forward its view on Western Sahara and increase its economic influence in Sub-Saharan Africa.
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