• El Salvador – a credit rating downgrade;
  • India – the latest round of investment liberalization;
  • Singapore – disappointing growth;
  • Venezuela – the second FX auction under the Sicad system.

Central African Republic:  Four months after the power-grab by a rebel group the country is a humanitarian disaster …. ….

Cuba:  Hugo Chavez’ death and Venezuela’s economic problems have forced Cuba to step up reforms, but the pace will remain very gradual …. ….

Egypt: The military is moving fast to consolidate its grip on power, arresting Morsi backers and freezing their assets …. ….

France:  The signs of an early climb-out of the economy from recession are still few and far between and unemployment will keep rising …. ….

Israel: One should not expect too much from US Secretary of State Kerry’s shuttle diplomacy to revive the Israeli-Palestinian peace talks …. ….

Italy:  Governmental stability has been shaken anew by court decisions against Silvio Berlusconi …. ….

Portugal:  Interest rates attest to the pressure investors are putting on Portugal to resolve its political problems …. ….

Russia:  With the economy tottering and investment having unexpectedly contracted, President Putin has beefed up the Kremlin’s control over economic policy and has announced an ambitious stimulus plan …. ….

To read the full story click on the link: Weekly Focus 7-18-13

This information is provided by S.J. Rundt & Associates, Inc., specialists in country risk assessment, consultants to multinational companies & banks, and publishers of Rundt’s World Business Intelligence and The Financial Executive’s Country Risk Alert. To order a subscription or individual issues of these reports, in print or by e-mail, contact S.J. Rundt & Associates, P.O. Box 1572, Montclair, NJ 07042; Telephone: (973) 731-7502, Fax: (973) 731-7503; E-mail: [email protected];  Web site: www.rundtsintelligence.com