Country Risk Climate: Trends to Keep an Eye On
- Brazil – new rules for bank failures;
- France – back in recession;
- Libya – Sharia law causes lending crunch;
- Peru – economic slow-down;
- Venezuela – dollars for dividend remittances?
ANGOLA – The economic outlook remains bright, as world market prices for Angolan oil will stay high and output will rise …
ARGENTINA – While official international monetary reserves keep shrinking, the country continues to risk “technical default” on foreign debt if it loses the legal battle in the US …
AUSTRALIA – Treasurer Swan, in his just-released budget, avoids European-style austerity …
BULGARIA – The outcome of the elections was inconclusive, making it difficult to predict what sort of government will be formed …
CHINA – The economy slowed its pace during the first quarter and official inflation numbers suggest that the authorities have room for stimulatory efforts …
INDIA – The Reserve Bank is likely to cut interest rates further in light of a softening of inflation …
KOREA (SOUTH) – The supplementary budget the government has unveiled is not nearly as stimulatory as it may appear at first glance …
PAKISTAN – The election victory of former PM Nawaz Sharif was welcomed by the local and international business communities …
To read the full story click on this link: Weekly Focus 5-16-13
