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Emerging Market Currencies On The Edge

Two weeks ago in our online service, we outlined the degree to which emerging markets (EMs) remained vulnerable to rising US yields even after a significant sell-off between May and September. With...

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BMI Launches Frontier Markets Monitor

Business Monitor International (BMI) has just launched Frontier Markets Monitor (FMM), a monthly newsletter that provides readers with our views and analysis of political and economic...

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ECB Pushing On A String

Hamstrung by a restrictive mandate that prevents discretionary intervention, the European Central Bank (ECB) has, in recent years, been forced to exploit loopholes in its statute and adopt a gritted...

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Russia: Growth Model Under Pressure

We believe that the sharp slowdown in Russia's economic activity so far this year is structural and not cyclical in nature. This means that there are no easy fixes in sight, and that growth will...

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