BRICs funding IMF shows sovereign risk increasingly a thing of the past
Spring meetings of the International Monetary Fund’s board of governors are usually unmomentous affairs.
Politics
Preliminary election results not kind to France ETF
Nicolas Sarkozy is on the run in France after he lost the weekend’s round of preliminary voting to determine whether he’ll remain the country’s president. French stocks are on the run too. Now is the time to drill down and see what makes this market tick.
Why the Argentine ETF remains steady despite the YPF plunge
Just because Argentina may have fools for political leaders, doesn’t necessarily mean it’s foolish to invest in the economy.
A disorderly devaluation looms for Egypt
Political headlines continue to dominate foreign coverage of Egypt during its post-Arab Spring transition. However, a looming currency crisis could exacerbate the already dizzying problems for the fledgling democracy.
Brazilian banks have to lend – or else
Stocks around the emerging world have had a tough week, but the Brazilian financial sector has been lagging the rest of the Bovespa, not to mention banks elsewhere. There’s a good reason for this, and it hasn’t been reported widely.
Best of the Tuesday web
The internet has exploded with commentary on Argentina’s decision to re-nationalize hydrocarbon firm YPF. While the Western world was aghast at the government’s decision and worried about the future of foreign direct investment in the country, the Argentinian press and public welcomed the return of the formerly state-owned firm.
Korea still nervous about inflation as Iran embargo looms
The euro crisis is on the radar in Seoul, but South Korea’s central bankers are at least as worried about soaring oil import prices as Iranian crude supplies taper off.
What the “blood” running in Argentina means for you
Legendary investor Baron von Rothschild once stated that, “When the streets of Paris run with blood, I buy!” If he were alive today, he would probably be commenting about the streets of Buenos Aires, where the stock market is swimming with red ink amid threats of nationalization.