Tag "Corruption"
How Brazil is failing Petrobras
Petrobras has recently found itself mired in corruption scandals and holding sky-high debts that have led to the downgrade of its credit rating. Much of what’s behind the lagging performance
What does China’s 4th Plenum mean for investors?
As China implements rule of law with Chinese characteristics, the main question is whether it will shift to a more economically liberal investment environment, or whether little will change. When China’s Fourth
Brazil elections: Rousseff and Neves vie for Brazil’s top position
The upcoming election for the Brazilian presidency is tight, pitting center-right Aecio Neves against incumbent Workers’ Party President Dilma Rousseff. The results could have major consequences for Brazil’s internal market,
Mexico’s security situation worsens
Despite significant efforts by the Nieto government, Mexico has been unable to curb the influence of organised crime and establish security across the country. The disappearance of 43 students is
Government shakeup won’t improve Venezuela’s investment climate
The reshuffling of Venezuela’s executive branch was meant to boost President Maduro’s popularity and increase confidence in the United Socialist Party’s economic policies. However, the reshuffle does not incorporate impartial and moderate
Colombia risks being caught in middle-income trap
Colombia is becoming a popular Latin American investment market. But if Bogotá wants to grow beyond the middle-income range and become a long term-investment destination, the government will have to emphasize better governance
President-elect Jokowi lifts Indonesia’s economic outlook
Indonesia’s new President Joko Widodo brings a fresh face to a nation still finding its way as a global economic player. His commitment to subsidy reform and infrastructure investments could help
Argentina’s debt restructuring options limited
On June 16th, 2014, the U.S. Supreme Court ruled in favor of NML Capital Ltd (NML) over the Republic of Argentina in a major debt settlement case. The ruling has implications not
Moldova Elections 2014: 5 Things to Watch
Moldova’s upcoming elections in November present short-term and long-term political risks. Here are five specific events to watch in the coming months. 1. Short-term support for the European Union The situation in Moldova
India’s domestic whiskey industry difficult to tap
India remains the world’s largest consumer of whiskey, an industry worth about $10 billion. Foreign whiskey brands, however, have struggled to capture the market due to a complicated federal tax structure, high import duties and
