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Fiscal policy
Mounting risk to the fiscal health of indebted emerging markets will require careful navigation.
“We demand rigidly defined areas of doubt and uncertainty!” – Douglas Adams, The Hitchhiker’s Guide to the Galaxy
Passing breeze or real winds of change?
Shifting growth dynamics and inflation uncertainty
Post-pandemic recovery in the balance of vaccines and a return of confidence
Bloated merchant acquirers face disruption in the Brazilian market spac
“Only a crisis – actual or perceived – produces real change. When that crisis occurs, the actions that are taken depends on the ideas lying around.” – Economist Milton Friedman
Covid-19 economic shock and stimulus reflected in financial markets
“Battles are never the end of the war” – former US President James Garfield
“Sorrow is better than fear. Fear is a journey, a terrible journey, but sorrow is at least an arrival. When the storm threatens, a man is afraid for his house. But when the house is destroyed, there is something to do.” – Alan Paton, author and activist
“The best time to plant a tree was 20 years ago. The second best time is now.” – Chinese proverb
Restoring confidence is key to growth recovery
The trade war between the US and China is not ending anytime soon, notwithstanding the efforts of presidents Trump and Xi to make nice on the sidelines of the Osaka G20 Summit.
World economy balancing on regional tensions and precarious geopolitical alliances
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