Services

COUNTRY INSIGHTS

Keiko Fujimori Concedes Defeat
PERU · In Brief · 10 Jun 2016

During a short public presentation, and accompanied by her huge 73 strong force elected to the new Congress, Fujimori recognised Pedro Pablo Kuczynski's triumph. In her speech, she sated that their stance will be that of a strong and watchful opposition. She announced her intention of submitting ...

Growth Up, CAD Down, Story Steady
TURKEY · Report · 10 Jun 2016

Today’s data releases were positive at the headline level, with a higher than expected growth in Q1 coupling with a lower than expected current account deficit (CAD) in April, but we do not see any reason to change our forecasts -- of slower growth and a widening CAD later in the year -- for now.

When a surprise is no surprise: Bachelet’s mini cabinet-shuffle
CHILE · In Brief · 09 Jun 2016

Michelle Bachelet replaced her Interior Minister on Wednesday. Traditionally, the Interior Minister is considered the cabinet’s first among equals, and indeed becomes acting president – referred to as vice-president – when the president is travelling (the rest of the time Chile has no such positi...

May inflation released: sag is increasingly evident
CHILE · In Brief · 09 Jun 2016

Inflation data for the month of May were released Wednesday. The monthly change was 0.2%, above the 0.3% expected by market analysts. The surprise was greater for the CPI excluding food and energy (IPCSAE): -0.1% versus an expected 0.2%. The 12-month variation of CPI was 4.2%, the same as last mo...

Economics: Troubling Balance of Payments Data
MEXICO · Report · 09 Jun 2016

Aspects of the report on the balance of payments for the first quarter of 2016 may eventually become points of concern regarding Mexico’s external exposure such as the slowing pace of exports, the direction of foreign investment flows, the extent of financial capital outflows from both Mexican re...

CNT/MDA Poll: Negative evaluations of the government decrease
BRAZIL POLITICS · Report · 08 Jun 2016

The CNT/MDA poll released today, the first of the Michel Temer administration, shows that the interim president was able to reduce pessimism regarding the government. Compared to the Dilma administration, negative evaluations (“bad/very bad”) of the Temer government decreased 31.9 points (see tab...

Politics: Elections 2016 - a new political balance
MEXICO · Report · 08 Jun 2016

Election Day, last Sunday, June 5, brought about electoral results that modify Mexico's political landscape, as well as the political strength each political party has facing the presidential elections of 2018. Voters chose a different party to inhabit eight out of the 12 governor's mansions at s...

GDP Contracts in the First Quarter of 2016
SOUTH AFRICA · Report · 08 Jun 2016

The South African economy began the year on a negative note as the quarter-on-quarter (q/q) and seasonally annualized GDP contracted by 1.2% during the first quarter of 2016, as reported by Statistics South Africa. This followed downwardly adjusted growth of only 0.4% during the last quarter of 2...

Cold but not freezing
CHILE · Report · 08 Jun 2016

The economy is growing at low rates, with neither signs of a recovery nor of an additional slowdown. In April retail sales came out looking relatively good, while other sectorial indicators pointed in the opposite direction. Business confidence suffered a considerable decline, while international...

The economy under “Duterminator”
PHILIPPINES · Report · 08 Jun 2016

71-year old Rodrigo Duterte, the oldest Filipino to be elected president, will assume office at the end of the month. Backed by close to 40% of the electorate, he will take the helm of government with an indisputable 6-year mandate, amidst high hopes that radical change will happen under his wat...

RBI will try to curb rupee volatility
INDIA · In Brief · 08 Jun 2016

As expected, RBI did not cut the policy rate in its credit policy announcement on Tuesday. However, again, as we had expected, the RBI Governor did say that the stance of monetary policy will remain accommodative and he is looking for room to ease. Yet, it given the hawkish stance on inflationary...

No deadline for Supreme Court to decide on arrests of PMDB leaders
BRAZIL POLITICS · Report · 07 Jun 2016

Based on information available up to this point, the likelihood is that Minister Teori Zavascki will reject the requests for the imprisonment of Senators Renan Calheiros and Romero Jucá, as well as of federal representative Eduardo Cunha, and for the use of an electronic ankle monitor for former ...

The Worst is Over
UKRAINE · Report · 07 Jun 2016

Things in Ukraine keep looking up. Ukrainian singer Jamala’s victory at the Eurovision 2016 international song contest, Nadiya Savchenko’s release from a Russian jail cell, and dozens of other pieces of positive news have all helped boost public morale. After two years of hardship, Ukrainians are...

Terror and tourism
TURKEY · In Brief · 07 Jun 2016 · 1 response

Another deadly car bomb killed seven policemen and four civilians in the old city district of Vezneciler (Istanbul) today, while injuring 36, of whom 3 are reported to be in critical condition. The bomb was so powerful that two historic mosques, a hotel and a co-ed dormitory were partially damage...

Will slower demand and a good monsoon give us a rate cut?
INDIA · In Brief · 06 Jun 2016

The credit policy announcement on Tuesday, June 7, 2016 comes at a time when CPI data shows a rate of 5.4 percent for April, and GDP growth of 7.9 percent for the Jan-Mar quarter. This has led most commentators to expect no change in the policy rate in the upcoming announcement.But an argument fo...

Copyright 2025 GlobalSource Partners. All rights reserved.