It comes as no surprise that performance results year-to-date from the Middle East and North Africa are mixed. While countries within the two regions are either involved in or affected by military and political conflicts, terrorist activities and volatile oil and natural resource markets there is room for optimism.
A recent article in Foreign Policy Magazine asked whether or not the BRICS nations are the future of the global economy. While the article acknowledges that they do in fact “matter” the implication for emerging market investors today is, as always, to properly set future expectations for returns from investments in these other emerging markets in the future.
Monday’s best web covers the largest global banks, hiring trends among India IT firms, the consequences of the Lonmin mine massacre, BP’s designs to join TANAP, and Indonesia’s plans to close its budget deficit.