EMerging Equity
Romania
Global Debt Has Soared By $57 Trillion Since The 2007-08 Financial Crisis
Global debt has soared by $57 trillion since the outbreak of the financial crisis in 2007, with the debt to GDP ratio jumping to above 500 percent in Japan. This raises questions about financial stability and poses a threat of another crisis. “After the 2008 financial crisis and the longest and deepest global recession since … Continue reading
Disinflation In EU Countries Outside The Eurozone – IMF
By Plamen Iossifov and Jiri Podpiera Inflation has been falling sharply across Europe since 2012 (see Charts 1 and 2). Across Central and Eastern Europe (CEE), inflation expectations have also drifted down especially among countries who peg their currencies to the euro (Bulgaria, Croatia and Lithuania, which adopted the euro on January 1, 2015), but also … Continue reading
Chevron Hammers Another Nail Into Polish Shale Gas Coffin
By Tim Gosling in Prague BNE Chevron announced on January 31 that it is to quit its hunt for Polish shale gas. The last but one energy major to traipse out of the country, the US giant looks to have put the final nail in the coffin of Warsaw’s dreams of leveraging its shale reserves to … Continue reading
Pentagon Says Four Afghan Guantanamo Detainees Repatriated
The Pentagon says four detainees held at the Guantanamo Bay U.S. military detention facility have been repatriated to Afghanistan. A Pentagon statement said on December 20 said the men — Shawali Khan, Khi Ali Gul, Abdul Ghani, and Muhammad Saeed — had been moved from the prison after a comprehensive review of their case. An … Continue reading
South Stream 2.0: The Energy Wars Continue (Part I)
By Pyotr Iskenderov In the next few years, Russia’s decision to put a stop to the South Stream project will become a deciding factor in how the energy situation develops not just in Europe, but in the whole of the Eurasian continent. Essentially, we are dealing with an energy war unleashed by the United States … Continue reading
What Has Changed in EM This Week
By EM Bits Peace talks in Colombia are becoming more tenuous Brazil still doesn’t have an economic team, but there is a front-runner Center-right candidate Klaus Iohannis won the Presidential election in Romania in an upset result Indonesia’s government finally raised its subsidized fuel price Mexico and Russia’s bond sales yielded vastly different results 1) … Continue reading
Post-Communist Europe And The IMF – 25 Years Of Transition (Iconographic Summary)
The past 25 years have seen a dramatic transformation in Europe’s former communist countries, resulting in their reintegration into the global economy. But the task of building full market economies has not been easy. Liberalization of trade and prices came quickly, but institutional reforms — in areas such as governance, competition policy, labor markets, privatization … Continue reading
