Tag "Sovereign Debt"
Italian government bond sell-off limits room for populist spending
The recent bond market sell-off reinforced concerns that investors have over the government’s spending plans. The Italian government is now likely to delay its plan to increase spending, in order to calm market jitters caused by the exposure of domestic banks to sovereign debt.
Belt and Road Initiative increases sovereign debt risks in Tajikistan
The BRI aims at dismantling foreign investment barriers and improving international logistics has provided much-needed infrastructure support to its recipient countries. But BRI-related project loans may cause a problematic increase in sovereign debt in certain host countries.
An emerging glimmer of hope for global investors
With central banks in developed markets unable to stimulate growth despite huge stimulus measures, the potential yield opportunities for investors in emerging markets with strong and improving fundamentals is great.
Mozambique on course for default
After the revelation of hidden debts, the IMF has suspended its emergency aid to Mozambique, and the country is now on course for defaulting on its national debt.
Will Draghi’s QE work?
The ECB finally launched a larger-than-expected QE programme last week, despite German opposition and Greek elections. President Mario Draghi hopes that it will revive the eurozone and rebut deflation. Several
Argentina pushes for global debt restructuring mechanism
Argentina’s recent default has renewed interest in sovereign debt restructuring. And while developed countries still oppose the idea, placing it under the IMF may ease negotiations. Sovereign debt – the
Argentina’s default raises more questions than answers
Of all the defaults through Argentina’s history, the one on august 3rd 2014 is the strangest to date. Moreover, its implications could spill over to the rest of global markets. In
European Banking Union comes with fiscal discipline
By end 2014, the European Banking Union will be a reality. Aside from being aimed at restoring banking sector stability, there are far-reaching implications for fiscal discipline. The long-awaited European
Slovenia faces insurmountable debt crisis
There certainly are bad apples in the Slovenian basket; the question is whether the rot will spread to the entire economy and force a bailout of the country. When Cyprus
If Abenomics is to succeed
The Bank of Japan’s quantitative easing program cannot by itself guarantee success of Abenomics. So, what additional developments should we look out for? It is obvious to anyone who pays