| Emerging Markets Reporters
Brazil Government Revenue Jumps
Brazilian government revenue leapt to 43.7 billion reals, a record for January as social security income climbed 9.37% from a year earlier and income tax jumped 7.25%.
- Information provided by Euromoney group sources.
The Russian government’s decisive moves in annexing Crimea and fomenting unrest in the Ukraine have fuelled fears among neighbouring states with large Russian-speaking populations
The yawning infrastructure deficit in central and eastern Europe of nearly €500bn is too big to the region to handle on its own. It will need grants from multilaterals to fill it, says a leading consultant.
Sharp falls in Russian stock markets offered opportunities for brave investors. Some have already moved in to snap up bargains but investors fallowing in their wake may now be too late
The EBRD is set to publish a gloomy economic forecast as analysts grow increasingly gloomy over the scale of the impact of the Ukraine crisis on the global economy
Franklin Templeton is betting heavily on Ukraine’s ability to avoid full scale civil war, holding $7.6bn of the country’s bonds
The EBRD will take on Libya as a member this week but analysts are warning that the multilateral may be biting off more than it can chew
Debt levels are still too high and some are rising again. Equities and bonds sell at dangerously high prices. The conditions required for another crisis are with us.
Andrew Smithers, Economist
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