Global Markets

Financial volatility poses problems for Chinese markets

Oliver Dyson Since the 2008 crisis, sovereign debt from the Emerging Markets has been on a steady rise. From the 146% to 217% increase in public debt across the IIF 21 countries (compared to aggregated GDP), it is clear that developing nations are more indebted today than at any point since the crisis. The same…

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Indonesia – a worthy investment?

Danielle Cuaycong Indonesia, Southeast Asia’s largest economy, has experienced an increase in its sovereign credit rating. Indonesia’s upgrade to an investment-grade level Standard & Poor in May 2017 has indicated for the first time since the 1997 Asian Financial Crisis that Indonesia has an investment-grade rating by all of the ‘Big 3’ ratings agencies. Due…

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The Iran nuclear deal

Harry Jones In 2015, Iran signed a key nuclear deal with six major countries, the US, UK, France, Russia, China and Germany. The six major countries agreed to lift some of the economic sanctions on Iran on the condition that Iran limited its nuclear energy programme. The fear was that this programme would be used…

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Is the ‘Putin List’ a real issue for Russia?

Ollie Dyson The USA’s recent release of the ‘oligarch list’, a treasury report on 210 of Russia’s richest and most influential businessmen (including details on their links to Putin) has sparked fresh worries of future sanctions. Indeed, there are already a multitude of American and EU-type restrictions on several Russian banks, and the western companies…

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Will Duterte lead the Philippines to economic success?

Danielle Cuaycong With the contentious drug issues in the Philippines capturing newspaper headlines across the world, it is natural to question the success of President Duterte’s regime. However, despite an array of discouraging foreign opinions on Duterte’s harsh words and political actions, he still remains significantly popular after a year in office with many stating…

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Is rising inequality restraining Indian growth?

Harry Jones The World Inequality Report 2018 has raised concerns over the prospects for the Indian economy. The report presents an overview of inequality worldwide, showing that inequality has been rising in most regions, but with different magnitudes. Indian figures appear to be the most worrying, especially with the increase in the share of income…

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India’s promising outlook for 2018

Oliver Dyson After a slowdown in growth in 2016 resulting from Prime Minister Narendra Modi’s controversial demonetisation program, 2017 (and indeed the 2018 forecasts) looks promising for Asia’s third largest economy. Amidst global GDP growth of 3.7%, India is expected to achieve growth of 7.4% in 2018, placing it as the fastest growing emerging market…

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The future of investing in Zimbabwe

Danielle Cuaycong When Robert Mugabe stepped down as President of Zimbabwe in 2017 after an extraordinarily long four decades, people turned to the new President Emmerson Mnangagwa (nicknamed “the Crocodile”) in the hope that he would help recuperate the diminishing finances, reduce corruption and increase foreign investment in a country that once boasted massive potential.…

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South Africa’s need for a new direction

  Harry Jones The S&P shook South Africa on Friday 24th November when it announced the downgrading of South African ratings. The local currency credit rating was demoted from BB+ to BBB-, sending the Rand sliding. However, the currency rallied after Moody’s decision to place the country on review for downgrade. Despite the fact that…

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