Emerging Market Crisis Series

South Africa faces difficult times, but disaster is not inevitable

Feb 29, 2016 12:34 pm UTC| Insights & Views Economy

Finance minister Pravin Gordhans budget speech has generally been well received. Nevertheless, many people still fear that South Africa is on the verge of disaster. They cite recent events such as the firing of Nhlanhla...

China Crisis Series

Renminbi Series

Renminbi series: China takes up stems to curb outflow

Feb 29, 2016 10:20 am UTC| Commentary Economy

China has taken up steps, which are no reforms, rather anti-reform to break the backbone of fear surrounding its currency depreciation. Reform seeking China is once again back to the trinity table. Government probably...

Eurozone sentiment sours amid turmoil

Feb 26, 2016 11:06 am UTC| Commentary Economy

Since European Central Bank (ECB) disappointed in December, sentiment started deteriorating in Euro zone. New Year turmoil across global stock market increased the tempo of deterioration. European Central Bank (ECB)...

G20 finance chiefs meet as China seeks to make a show of its presidency

Feb 26, 2016 10:25 am UTC| Insights & Views Economy

The last time G20 finance ministers met in China back in 2005, the country was the worlds fifth-largest economy. As the next two-day meeting begins, with China as president, it lies in second spot, having overtaken several...

Germany’s February flash HICP inflation likely slowed on weak energy prices

Feb 26, 2016 09:34 am UTC| Commentary Economy

Germanys February flash HICP inflation is likely to be lower at 0.0% y/y, as compared with Januarys 0.4% y/y. The slowdown in the headline is expected to be due to continuous weakness in energy prices. In February, it is...

Worrisome Signs Series

Worrisome signs series: Baltic dry index hits record low

Feb 26, 2016 08:54 am UTC| Commentary Economy

In our previous article under the series we discussed about the weakness in global trade that is likely to hinder global growth, citing World Trade Monitor report, which showed global trade contracted by -13.8% in 2015, in...

Worrisome Signs Series

Worrisome signs series: Global trade contracts biggest since 2008/09 crisis

Feb 26, 2016 07:31 am UTC| Commentary Economy

Historically speaking, without recovery in trade there has hardly been any economic and social recovery. So far, since 2008/09 crisis, ultra-loose monetary policy from United States has achieved low unemployment, in US it...