China can help Russia withstand western economic sanctions
Thursday 24 February 2022 – Vol.13 Ed.8.4
Commentary: Ukraine conflict heralds a new kind of war
By Meghnad Desai in London
Western countries have announced financial sanctions condemning the movement of Russian troops into Ukrainian territory. However, economic sanctions may not be as powerful a weapon as western countries think. China has the financial clout to help Russia survive sanctions and has been building up to challenge US...
Pandemic allowed debt rethink in Europe as risks persist for emerging markets
Thursday 3 February 2022 – Vol.13 Ed.5.4
Commentary: European sovereigns turn crisis to their advantage
By Philip Moore in London
Europe’s leading sovereign debt issuers are confident that they have emerged from the global public health crisis in better shape than before the pandemic, albeit for different reasons. The increase in financing requirements has been helpful from a debt management perspective and European...
Maritime services provider MISC Berhad has been listed as a constituent of the Dow Jones Sustainability Indices (DJSI) under the Emerging Markets category. The post MISC Berhad debuts on DJSI…
https://www.offshore-energy.biz/misc-berhad-debuts-on-djsi-emerging-markets-index/
Emerging Markets Weekly
Aggeliki Koutoulia, Director at Banque J. Safra Sarasin (Luxembourg) SA, send us this excellent report by Andreea Prodea – Emerging Market Credit Analyst and her team.
EM tightening cycle continues
EM corporate credit performance turned positive last week, driven by better sentimentover China Huarong, while sovereign credit performance was marginally negative, with mixed returns across regions. Investors remained cautious over EM and net weekly inflows...
https://allaboutshipping.co.uk/2021/04/26/emerging-markets-weekly/
GLOBAL & REGIONAL DAILY (Friday 16 April, 2021)
GLOBAL & REGIONAL DAILY
HIGHLIGHTS
April 16 2021
Global Markets
Taking their cue from Wall Street’s gains overnight, global equity markets were firmer earlier today, while USTs ignored y-day’s strong US data and retained a positive tone, potentially supported by renewed geopolitical jitters and foreign investor flows.
Greece
According to the ESM Chief Economist Rolf Strauch, Greek public debt may have increased during the pandemic but the Greek economy...
https://allaboutshipping.co.uk/2021/04/16/global-regional-daily-friday-16-april-2021/
Emerging markets embrace sustainable bond agenda, Accessing investment in India
Friday 16 April 2021 – Vol.12 Ed.15.5
Commentary: Emerging markets embrace sustainable bond agenda
By Philip Moore in London
The social and economic devastation wrought by the pandemic across many emerging markets may paradoxically accelerate action to address the climate threat. Issuers are increasingly confident that they can meet growing demand from investors for sustainable bonds. A number of emerging markets have...
Dubai has launched a loyalty scheme for shippers and freight forwarders in a bid to capture premium “south-south” transhipment cargo from hubs in Europe.
The World Logistics Passport (WLP) is an initiative from Dubai’s Customs World, with the support of DP World, Emirates and Dnata.
Sultan Ahmed Bin Sulayem, group chairman and chief executive of DP World, said: “It incentivises companies and traders to use Dubai’s world-class multimodal facilities in return for …
The post Dubai unveils loyalty...
https://theloadstar.com/dubai-unveils-loyalty-scheme-to-lure-premium-transhipment-cargo-from-europe/
Trade friction between China and the US may be weighing on logistics executives’ minds, but growth prospects in emerging markets are lightening the mood.
According to Agility’s Emerging Markets Logistics Index (EMLI), there is predicted growth of 5% in new markets.
Agility CEO Essa Al-Saleh said: “Those looking for opportunity are finding it in emerging markets, with SMEs with access to tech and mobile banking increasingly driving growth.
“At the same time, logistics …
The post Growth prospects...
Commentary: Emerging market trials persist
By Gary Kleiman in Washington
Last year’s thrashing in all emerging market investment classes, with debt, equity and currencies in simultaneous decline for the first time in a decade, prompted reconsideration of allocation rationale into the next decade.
Crises in Argentina and Turkey in 2018 were in part a replay of 2013 Federal Reserve-induced ‘taper tantrum’, as retail foreign investors sold indiscriminately. Contagion may yet spread, but for now index...