The US economy created roughly nine million net new jobs since the start of 2009. Through organic growth and acquisition, majority-owned affiliates of US multinational companies have also expanded their employment outside the US. It is...
One may want to ignore the recent 8th BRICS summit in Goa (India) and retain only the announcement of the launch of an independent rating agency. We can also consider that the battle of Mosul...
Ever wondered why equities in emerging markets haven’t been doing well? What suddenly happened to emerging markets in the last six months that it looks one of the weakest asset classes globally? Why is being there...
Markets across the world have been jittery over the past few weeks ahead of the December 15-16 US Federal Reserve meeting that’s likely to have a rate ‘lift-off’. But does a rate lift-off or upward...
At a summit in Fortaleza, Brazil, BRICS countries launched a slew of initiatives, including two new international financial institutions: A new development bank and a joint monetary fund. The leaders of five of the world’s...
Many Brazilians are loath to see their rival Argentina win the World Cup at the Maracana on Sunday. However, as this Great Graphic from the Financial Times beyondbrics blog, shows, Brazil is falling behind another regional rival, Mexico, in...
Spain woke up to the surprise of King Juan Carlos abdication recently, after his almost 40 years in power and a number of corruption scandals over the last few years. His son Felipe seems to...
Activist investor Cevian has raised its stake in struggling ThyssenKrupp, claiming the German steelmaker is undervalued. However, it’s unclear if the Anglo-Swedish firm will not eventually seek to split up ThyssenKrupp. Cevian has raised its...
The BRICS group of five emerging countries has reached agreement on a fund aiming to stabilize their currencies. The fund, worth $100 billion, seeks to stem an outflow of capital once the US changes monetary...
China data deluge will start Tuesday, with June CPI to be reported. A rate of 2.5% y/y is expected vs. 2.1% y/y in May. Trade comes next around mid-week, with exports seen rising 3.7% y/y...
Emerging Markets – Quick Commentary The risk of running high current account deficits (CAD) has hit hard several emerging markets in the Asia-Pacific. With FIIs withdrawing to invest in US bonds and supply of dollars dipping, national...
Volkswagen’s Beetle, Bulli and Gol brands have been a hit in Brazil for six decades. The German carmaker looks back on very successful business operations in the Latin American nation. The first 30 Volkswagen Beetle...
