Category: Economy

Global Financial Operational risk ratings

Share

RATINGS CHANGES There were changes to risk scores in 34 countries during the latest monthly updating cycle of the Risk Briefing model. These led to upgrades of the overall score in only nine cases, but there were seven downgrades. In…

EU digests Russia’s South Stream announcement

Share

BRUSSELS EUObserver- EU diplomats predict Turkey will use Russia’s South Stream decision as leverage in accession talks, as the European Commission handles the financial implications for member states. The deliberations come after Russian leader Vladimir Putin on Monday (1 December) in…

Oil price slumps as OPEC holds firm

Share

As we expected, OPEC kept its production target of 30m barrels/day (b/d) of crude oil steady at its six-monthly meeting on November 27th. With global oil markets oversupplied, benchmark oil prices slumped on the news. Brent, the international crude grade, fell from…

China – Has monetary policy shifted?

Share

The People’s Bank of China (PBC, the central bank) surprisingly cut benchmark interests rates on November 21st. This has generated speculation that further monetary policy easing will follow, as the authorities seek to ward off deflationary pressures and stimulate economic growth.…

World risk: Operational financial risk ratings review

Share

FROM THE ECONOMIST INTELLIGENCE UNIT RATINGS CHANGES There were changes to risk scores in 26 countries during the latest monthly updating cycle of the Risk Briefing model. These led to upgrades of the overall score in only five cases, but…

World risk: Economic/Political Operational risk ratings review

Share

RATINGS CHANGES There were changes to risk scores in 18 countries during the latest monthly updating cycle of the Risk Briefing model. These led to upgrades of the overall score in only nine cases, but there were four downgrades. In…

Asia – Key economic/political issues in 2014

Share

Across much of Asia, 2013 proved unexpectedly testing. Demand from the US and the EU remained sluggish, while the threat of an end to the asset-purchasing programme of the Federal Reserve (the US central bank) sent many Asian currencies tumbling…

Iran gas: South Pars progress remains a problem

Share

Iran’s natural gas production has had a lower profile since the introduction in 2012 of US and EU sanctions targeting the country’s oil exports. Iran is estimated to have one of the world’s largest natural gas reserves, with nearly half…