Emerging Markets: Election Year for Emerging Markets: What to Expect
CNBC provides a snapshot of the elections scheduled to take place in five major emerging market in the coming months: India, Indonesia, Brazil, South Africa and Turkey.
China: China Introduces Measures to Boost Economic Growth
As the BBC reports, the Chinese government said it will cut taxes on small firms and speed up the construction of railway lines. The measures had previously been included in China’s economic work plan for 2014 but it had not been put together in a package aimed at boosting growth.
Chile: Chile Leader Evacuates as Second Big Quake Strikes
BBC reports that Chile experienced on Thursday its second quake in 2 days. The latest one was of magnitude 7.6 and there have been no reports of demage from it. Chilean President Michelle Bachelet has declared the two epicenters of the quakes disaster zones. However, a clear economic impact of the disasters is not clear yet.
Japan: Demand For Credit Remains Low in Japan
This article from Bloomberg provides insights on why demand for credit in Japan remains below levels before the financial crisis despite the fact that the Bank of Japan flooded markets with funds by means of its monthly buying of USD 67 billion sovereign notes.
Greece: Greece is Back, Market Return in Sight, Says Samaras
Ekathimerini reports today thar Prime Minister Antonis Samaras stated that Greece has put the worst of a debt crisis behind it and is considering issuing new debt within three months. The statement comes a day after Greece secured EUR 8.3 billion (USD 11.5 billion) in fresh aid from Eurozone finance ministers, paving the way for the country to meet debt obligations in May and boosting expectations of a return to bond markets to end its four-year exclusion.