Argentina – more problems during Pres. Fernandez’ second term;

Belgium – a new Federal government, at last;

China – the markets no longer believe in accelerated yuan appreciation;

Eurozone – the meaning of Standard & Poor’s downgrade;

South Africa – an ominous widening of the current-account BoP gap.

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Other countries covered by this report are:  Brazil, Croatio, Malawi, Myanmar, Peru, Russia, Slovenia, United States

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