Five of Latin America’s six largest economies will be choosing new presidents over the next 15 months. With such a substantial potential for fundamental change across the region, emerging-market analysts are wringing their hands at some of the candidates garnering substantial leads in their respective races.
Recent years have turned Brazil’s political and economic spheres into a tangled mess. Economically, the country has yet to recover from the commodity price collapse in 2014.
Assuming Venezuela’s 2018 elections are free and fair, there is little hope for current President Nicolás Maduro. Under normal circumstances, Maduro would most likely walk away with the presidential election scheduled for December 2018.
Good news reports from Brazil have been few and far between in recent years. Political instability associated with high-level corruption has shaken investor confidence and ushered in the deepest recession Brazil has seen in decades.
According to Financial Times Lexicon, “CoCo bonds, or contingent convertible notes, are slightly different to regular convertible bonds in that the likelihood of the bonds converting to equity is ‘contingent’ on a specified event, such as the stock price of the company exceeding a particular level for a certain period of time….
The first half of 2017 was a good “vintage” for equity markets. Wall Street peaked at record levels, with the Nasdaq gaining 15.8 percent so far this year and the S&P 500 Index more than 9 percent.
The first half of 2017 was a good “vintage” for equity markets. Wall Street peaked at record levels, with the Nasdaq gaining 15.8 percent and the S&P 500 Index more than 9 percent.
For more than a year, the London Stock Exchange and Deutsche Börse have been working on a merger project, which would place the new entity at first place on European markets, with exceptional strength on derivatives markets and clearinghouses.
On February 22, 2017, the World Trade Organization (WTO) announced the end of a long story with the agreement on trade facilitation, concluded in 2013, finally able to enter into force. Criticized for its paralysis for years, finally the agreement has been ratified by a two-thirds majority of member states;
Geopolitical risk is becoming a major issue of security for businesses and in particular the banking sector. Since his inauguration in January 2017, there remains a lot of uncertainty around Trump’s cybersecurity plans and policies.