Middle East & Africa
Is the new Netanyahu coalition bullish for the Israeli economy?
This week Prime Minister Benjamin Netanyahu salvaged a coalition government in the Israeli Knesset, obviating the need for early elections.
Why Iran has just started accepting renminbi for its oil
If there was ever any doubt that Beijing benefits from a strong currency (CNY, quote), it’s over now. China is beginning to test the influence of its money on the world economy, and it’s doing so with Iranian oil.
Build your own market-weight global ETF
A dirty secret of many ‘global’ funds is that they’re really the MSCI EAFE with some lip service paid to China, India and other markets that are generating the lion’s share of the world’s economic growth. Can you build a better portfolio on your own?
Israeli stocks offer high comfort – and high dividends
While Chinese small cap stocks continue to have problems with fraudulent accounting, Israel companies are performing well. Despite unrest in the Middle East, the Tel Aviv TAV-25, the Israeli stock exchange, has been one of the top emerging financial markets.
S&P downgrades Turkey – time to exit?
Standard & Poor’s downgraded the sovereign credit rating of Turkey from positive to stable on Tuesday, indicating that the country is unlikely to receive either an upgrade or a downgrade within the next 12 months.
What’s going on with the Egypt fund
Cairo has been one of the world’s best-performing markets so far this year, even though a weak currency and even weaker central government have raised questions about Egypt’s stability.