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Jeff Manera's Emerging Market Insider, A feature of G3GlobalOptions.com and powered by InvestorPlaceBlogs.com
November 4, 2008. Global Calming, Currency factors. Leading emerging market equity indices were broadly higher early this week. Central banks in Brazil, Russia, India and China continue to ease monetary policies and interest rate benchmarks, as well as follow suit of their Western counterparts by instituting a range of emergency relief measures, including buying shares in banks. And, even though Hong Kong's Hang Seng index is overweighted with financial and property companies, the benchmark index closed ...
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Hires & Fires. Jobs & Coaching. COMMENT: Russian govt to deny cryptocurrencies are money in apparent plan to prevent legal quandaries. March 19, 2018. By Andrei Skvarsky. The Russian government is apparently resorting to verbal manipulation to rule out legal quagmires that might arise if a Russian bill of December 2017 to allow cryptocurrency deals becomes law – problems that could be caused by the rouble’s status as the only legal tender within Russia. Continue Reading. March 19, 2018. March 16, 2018.
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Middle East and Africa. Fears mount that Ukraine’s Greek-style drama will become default crisis. Negotiations between Ukraine’s government and a committee of its bondholders over its $23bn debt dissolved into acrimony this week, amid fears that only a haircut for investors will avert default. Investors demand ‘Erdogan premium’ as Turkey’s external deficit soars. UniCredit rebuffs Russian attack on ‘profitable’ Western banks. EBRD chief warns of uneven progress in goal to ‘re-energise’ region. A terrible ...
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