Some international investors seem oddly troubled at prospects for India with a chastened Modi at its helm. There should be relief in the election results. Fresh economic reform may address the severe unemployment that is a curse on the Indian story. The allure of economic growth has sustained global interest […]
Continue readingCategory: Emerging Markets
The investment-management industry breaks down the world’s economies conveniently into major and emerging markets. Those metrics may be less relevant on a real-economy basis, given the enormous wealth that is being generated from what was once called—pejoratively—the third world. As income grows in developing nations, fresh themes evolve for global investors. Technology adoption and health-care expenditure are just two examples. Primary industries are no longer the whole story.
Shifting Sands: How Deep Is Qatar’s Fall on Capitol Hill?
In frustration over mounting challenges in the Middle East, Congress is channeling its energy into criticism of Qatar. The Gulf state is fast becoming an American whipping post for hosting Hamas leadership, not to mention its instinctual remark when Gazan forces breached security fences. The Qatari Ministry of Foreign Affairs […]
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Russia Stumbles With Economic Summit
The Russia-Africa Summit on July 27-28 was an awkward affair. For some analysts, the event spotlighted how isolated Putin has become. That may not be entirely true. The raw economic strength represented in St. Petersburg—including heads of state from all of North Africa, except Tunisia, and the country of South […]
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Lula Intends for Regional Currency To Be His Legacy
Brazil is an economic powerhouse. Still, its global influence wanes as economic trends elsewhere mean its total share of the world economy is declining. Brazilian President Lula da Silva seems intent on shifting that sentiment, at least in diplomatic theater. An obstacle is that there is not enough room for […]
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