Tag "monetary policy"
End of the CFA franc: A possible turning point in Francafrique?
The CFA franc has long been cited as the representation of France’s economic “grip” on Africa and forms a central pillar of Françafrique – France’s relationship with its former African colonies. However, in an effort to move away from the controversial aspects of the region’s common currency, France and the CFA countries have initiated a number of reforms – with the former also pushing for the adoption of the “Eco” by the West African Economic and Monetary Union (UEMOA). This move would help remove the most visible elements of French influence; however, it is unlikely to assuage the allegations of French neo-colonialism that hamper Paris’ foreign policy objectives.
Brazil: How is South America’s biggest economy poised to behave?
Last week Brazil’s COPOM (Committee for Monetary Policy) met to discuss the current economic environment, not only in Brazil but around the world. The meeting had one overall result, which was to maintain current interest rates. The country’s Taxa Selic will stay at 2% p.a. Although this event might not seem newsworthy, it tells us a great deal about the recovery of the South American economy.
The Week Ahead: 11 – 17 March 2018
Putin set to win another presidential term. Special election in Pennsylvania provides political bellwhether. Bank of Japan releases meeting minutes. All in the Week Ahead. RUSSIA: Putin set to win
The Week Ahead: 3 – 9 December
UK reaches Brexit deadline. Brazilian president supports campaign rally. India changes interest rates. US government faces shutdown. All in The Week Ahead.
The Week Ahead
Venezuela shifts exchange rate. Norway votes. Canada hosts climate summit. Juncker gives State of the European Union speech. All in The Week Ahead.
The Week Ahead
India to host Nepalese Prime Minister as tensions continue over Doklam. UK releases more Brexit position papers. Jackson Hole Summit. All in The Week Ahead.
The Week Ahead
Brazil lowers rates. Trump associates testify. North and South Korea talk. OPEC meets in Russia. All in The Week Ahead.
The Week Ahead
Eyes on China and US data. The ECB and Bank of Japan talk rates. California votes on cap and trade. Investments in Iran safe for now. All in The Week Ahead.
The Week Ahead
UK digests the impact of a new coalition arrangement. South Korea hosts second AIIB summit. Federal Reserve discusses 2017 rate hike. All in The Week Ahead. UK digests the impact of a
The Week Ahead
Dutch elections test Europe. Fillon tries to stabilize the French center right. Federal Reserve likely to raise rates. All in The Week Ahead.
