Zambia’s Fundamentals To Remain “Weak”
Zambia‘s very weak credit profile (Ca stable) reflects “unsustainable debt dynamics and heightened liquidity,” Moody’s Investor Service said this month.…
China’s Switch To Renewables Will Drive Copper Demand
Copper prices have rebounded strongly since hitting an 11-year low in March. After briefly trading below $2 per pound, the…
IMF Extends A Lifeline To Ecuador
The International Moneatry Fund (IMF) and the Ecuadorian authorities on August 28 announced they have reached a staff-level agreement to…
Dubai Financial Market Welcomes New ETF
Abu-Dhabi-based asset management firm Chimera Capital LLC, a subsidiary of Chimera Investments LLC, this week launched its Umbrella Exchange Traded…
Higher Investments, Softer Growth To Hinder Latin America’s Telecom’s Sector
The Latin American telecommunications industry is changing to negative, from stable, “as companies will need to resume investments in 2021…
Latin America & Brazil: The Week Ahead
Mexico reports June trade Monday. Second-quarter GDP will be reported Thursday, which is expected to contract -21.2 percent y/y vs.…
COVID-19 Could Deliver Positive Changes To Emerging Markets
Emerging markets (EM) are at a crossroads. The impact of COVID-19 aggravates pre-existing challenges. But it also enables those EM…
IMF Deal Prompts Ukraine Upgrade, Investor Confidence May Follow
Moody’s Investors Service (“Moody’s”) on June 12 upgraded the Government of Ukraine’s long-term issuer and senior unsecured ratings to B3…
COVID-19 Sends Costa Rica Into Recession
Moody’s Investors Service this month changed the outlook on the Government of Costa Rica’s ratings to negative from stable. In addition, the agency…
Trade Views: Covid-19 Losses Equivalent To A Return To 1994 Tariffs
It is expected that by June, nearly all countries should have lifted their generalized “lockdowns.” However, after a 22.5 percent…
COVID-19: A Threat To The Global Uranium Supply
Uranium futures is one of the few contracts that has experienced price gains in recent weeks, as the economic impact…
The Oil Market Crisis Is Just Getting Started
The oil market is going to run out of available storage due to the demand collapse caused by the coronavirus…
