Global Economy: Latest news

Global Economy: Latest news

Hamburg, 21 July 2010: Weekly Export Risk Outlook

South Korea: Q2 real GDP growth ...
India: Interest rates and stress testing ...
USA: Financial markets ...
Tunisia: Planning ...
Peru: Sound recovery ...
Malaysia: Favourable outlook ...
Poland: Solid growth ...


Hamburg, 21 July 2010: Weekly Export Risk Outlook

USA: Financial reform bill, housing market ...
Hungary: IMF/EU discussions ...
Greece: IMF/EU review ...
Brazil: Interest rates ...
Algeria: New regulations ...
Jamaica: Debt dynamics ...
Thailand: Monetary tightening ...
Croatia: Still contracting ...

Hamburg, 15 July 2010: Weekly Export Risk Outlook

China: Q2 GDP and inflation ...
Singapore: Exceptionally strong Q2 growth ...
Germany: ZEW expectations down again in July ...
India: Industrial output ...
South Africa: World Cup ...
Ecuador: Oil agenda ...
South Korea: Monetary tightening ...
Serbia: IMF funding on track but risk remains high ...

Hamburg, 8 July 2010: Weekly Export Risk Outlook

USA: Employment report concerns ...
France: Gloomy construction outlook ...
Turkey: Q1 real GDP growth ...
India: Monetary tightening ...
Mexico: State elections ...
Vietnam: Q2 real GDP ...
Ukraine: Deal with the IMF ...


Hamburg, 24 June 2010: Weekly Export Risk Outlook

Romania: IMF funding ...
India: Fuel subsidies cut ...
Argentina: Debt swap completed ...
Taiwan: Cross-straits agreement ...
Slovenia: Solid fundamentals ...

Hamburg, 24 June 2010: Weekly Export Risk Outlook

China: Exchange rate flexibility ...
United Kingdom: Deficit reduction ...
Belarus: Gas row highlights financial difficulties ...
Egypt: Economic outlook ...
Colombia: Election win for Santos ...
Saudi Arabia: Gold reserves re-assessed ...
Russia: Gradual recovery ...

Hamburg, 23 June 2010 - Upgrades for the following Country Ratings:

Cyprus to AA

Malta to AA

Slovak Rep. to AA

Slovenia to AA

Singapore to AA

Hamburg, 16 June 2010: Weekly Export Risk Outlook

China: Trade surplus increases ...
USA: “Modest” recovery ...
Slovakia: Election aftermath ...
Morocco: Growth outlook ...
Venezuela: Exchange rate regime ...
Singapore: Strong Q1 and Q2 growth ...
Bulgaria: Statistical anomalies ...

Hamburg, 11 June 2010 - Malta
Country Review published.
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Hamburg, 10 June 2010 - Russia
Country Review published.
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Hamburg, 9 June 2010: Weekly Export Risk Outlook

Germany: Austerity package ...
USA: Disappointing employment data ...
Hungary: Market turbulence ...
Brazil: Strong Q1 GDP growth ...
Madagascar: EU aid remains frozen ...
Chile: Rebound after earthquake ...
Pakistan: Fiscal pledges, but uncertainty ...
Estonia: Euro entry ...

Hamburg, 8 June 2010
Country Reviews published:

Bahrain

Yemen

Seychelles

Hamburg, 2 June 2010: Weekly Export Risk Outlook

India: Strong expansion ...
Czech Republic: Post-election uncertainties ...
Colombia: First round gain ...
United Arab Emirates: More debt concerns ...
South Africa: Growth ...
Peru: Vigorous upturn ...
Thailand: Uncertain outlook ...
Slovenia: Still contracting ...

Hamburg, 28 May 2010
Country Reviews published:

Israel

Maldives

Hamburg, 26 May 2010: Weekly Export Risk Outlook

Taiwan: Rapid Q1 growth, but from low base ...
Mexico: Export-led growth ...
Kuwait: Fiscal strength based on oil ...
Lebanon: Continuing recovery, but still fragile ...
Ethiopia: Clear electoral victory for the ruling EPRDF, but unease at the process ...
Trinidad & Tobago: Snap election defeat ...
Pakistan: Inflationary pressures ...
Slovak Rep.: Upturn ahead of elections ...

Hamburg, 19 May 2010: Weekly Export Risk Outlook

USA: More strong data ...
Thailand: Political protests ...
Brazil: Policy tightening ...
Equatorial Guinea: Natural gas reserves revised upwards ...
Dominican Republic: Election gains ...
Malaysia: Double digit growth ...
Romania: Agreement on Stand-by review ...

Hamburg, 12 May 2010: Weekly Export Risk Outlook

USA: Jobs report confirms strengthening recovery ...
China: Return of trade surplus ...
Nigeria: Death of President Yar’ Adua ...
Morocco: Continued growth ...
Colombia: FCL and presidential elections ...
Indonesia: Strong Q1 ...
Estonia: Rate of contraction easing ...

Hamburg, 5 May 2010: Weekly Export Risk Outlook

Greece: Rescue plan involves austerity measures ...
USA: Q1 2010 GDP data suggest real demand growth ...
Thailand: PM calls early polls ...
Iran: Oil sector changes but unremitting overall stance ...
Mauritius: Parliamentary elections hold no threat to stability ...
Venezuela: Good rains ease energy crisis ...
Philippines: Elections scheduled for May ...
Ukraine: Gas deal with Russia ...

Hamburg, 31 March 2010: Country Risk Weekly Bulletin

Hungary: Expect Fidesz to win overwhelmingly in the tworound general elections ...
Morocco: Expect GDP growth of around 4% in 2010 ...
United Arab Emirates: Do not expect a return to the largely-unregulated days of the construction and real estate boom ...
Uruguay: Real GDP increased by 2.1% qtr/qtr in Q4 2009 ...
South Africa: GDP grew 3.2% qtr/qtr annualised in Q4 2009 ...
Turkey: Inflation picked up to 10.1% yr/yr in February ...
Vietnam: Q1 2010 GDP increased by 5.8% yr/yr ...
Colombia: Expect growth of around 2.5% in 2010 ...

Hamburg, 24 March 2010: Country Risk Weekly Bulletin

Argentina: Q4 2009 GDP grew by 2.6% ...
Latvia: The five-party coalition government fell apart last week ...
El Salvador: A problem for El Salvador remains remittances ...
Egypt: Expect Hosni Mubarak to stand in elections next year and to win ...
Indonesia: This month, S&P upgraded its long-term sovereign rating from BB- to BB ...
Madagascar: Unfavourable business and trading outlook ...
United Arab Emirates: Expect GDP growth of the UAE to be around 3% this year ...
Gabon: President Ali Bongo appears to have control of the political elite ...

Hamburg, 17 March 2010: Country Risk Weekly Bulletin

Thailand: Large-scale anti-government protests are taking place in Bangkok again ...
Colombia: Congressional elections held last week-end ...
Ukraine: Parliament has formed a new three-party coalition government ...
Israel: GDP data have been revised upwards, showing 0.7% growth overall in 2009 ...
Togo: Demonstrations and protests indicate that political fractions are continuing to contest the result of recent presidential elections ...
India: The manufacturing and services sectors continue to perform well ...
Brazil: Real GDP in Q4 advanced by 2% ...

Hamburg, 10 March 2010: Country Risk Weekly Bulletin

China: Exports were up 45.7% yr/yr (value) in February, imports increased by 44.7% ...
Malaysia: Real GDP increased by 4.5% yr/yr in Q4 2009 ...
Nigeria: A bout of ethnic violence in the central city of Jus raises further stability concerns ...
Bulgaria: Expect economic growth to be negligible in 2010 after -5.1% in calendar 2009 ...
Honduras: Following President Lobo’s election in November, international relations are normalising ...
Hungary: Q4 2009 real GDP contraction moderated to 4% yr/yr from 7.1% in Q3 ...
Saudi Arabia: The economy remains highly dependent on markets for hydrocarbons ...
Congo, DR: Expect annual GDP growth of 5- 6% in 2010-11, after around 1% in 2009 ...

Hamburg, 3 March 2010: Country Risk Weekly Bulletin

Chile: One of the largest earthquakes on record caused extensive damage last weekend ...
Ukraine: Viktor Yanukovich was sworn in as president last week ...
Hong Kong: Expect growth of 4.5% in 2010 (-2.7% 2009) ...
Colombia: The constitutional court ruled against a referendum that would have been needed for President Uribe to be permitted to stand for a third consecutive term ...
India: Expect monetary tightening soon but for this not to have a significant impact on overall annual GDP growth, with 7-9% in 2010 ...
United Arab Emirates: The Dubai government plans to cut this year’s expenditure by 15% ...
Bosnia & Herzegovina: Expect Bosnia & Herzegovina to remain highly dependent on foreign aid ...
Burundi: Expect GDP growth of 2-4% in 2010 ...

Hamburg, 24 February 2010: Country Risk Weekly Bulletin

Niger: Relative calm appears to prevail following last week’s military coup ...
Taiwan: Growth of real GDP in Q4 2009, according to data released last week, was an unexpectedly strong 4.2% ...
Mexico: Q4 2009 real GDP data released this week confirmed the upturn with a qtr/qtr seasonally adjusted increase of 2.03% ...
Thailand: The export recovery was led by both manufacturing (+9.9%) and tourism (+27.7% arrivals in Q4) ...
South Africa: Q4 GDP data (+3.2% qtr/qtr annualised) provide evidence that the recovery is gaining strength ...
Cote d'Ivoire: A new government was announced yesterday ...
Pakistan: GDP growth of only 2-4% this year and next ...
Senegal: Substantial structural problems and institutional weaknesses result in a fragile business environment and make the economy highly vulnerable to shocks ...

Hamburg, 17 February 2010: Country Risk Weekly Bulletin

India: India continues to surprise on the upside ...
Greece: EU leaders have signalled financial support — if necessary — but without detail ...
Vietnam: The dong exchange rate (VND) was devalued by 3.4% against the USD last week ...
Czech Republic: Q4 2009 real GDP contracted by 0.6% qtr/qtr ...
Turkey: Industrial output grew 9% yr/yr in Q4 2009 ...
Nigeria: National oil output has at times been reduced by 40% ...
Kenya: Expect GDP only 1-3% in 2009 and 2010 ...
Romania: Real GDP fell by 1.5% qtr/qtr in Q4 2009 ...

Hamburg, 10 February 2010: Country Risk Weekly Bulletin

China: January trade data released this week show exports (value) up by 21% yr/yr and imports up 85.5% ...
Ukraine: Last Sunday’s run-off in the presidential election was won by Viktor Yanukovich with 49% ...
Jamaica: The IMF Board has approved a 27-month USD1.27bn SBA ...
Indonesia: Last month Fitch upgraded its LT sovereign rating from BB to BB+ (stable outlook) ...
Iran: Apparently conflicting messages continue to emanate from the leadership in Tehran ...
Botswana: Minister of Finance Kenneth Mathambo’s 2010/11 budget presentation projected a deficit equivalent to 12.2% of GDP ...
Brunei: The economy is heavily dependent on oil and gas production ...
Zimbabwe: Real GDP has contracted every year since 1999 and private sector business is weak ...

Download Bulletin dated 10 February 2010 (PDF)

Hamburg, 4 February 2010: Country Risk Weekly Bulletin

Romania: The IMF reached staff level agreement on the 2nd and 3rd reviews of the Stand-By programme is currently in place ...
Russia: Preliminary data put 2009 real GDP contraction at 7.9% ...
Costa Rica: Latest opinion polls give Laura Chinchilla a comfortable lead over nearest rival Otto Guevara ...
Philippines: Q4 2009 real GDP increased by 1.8% yr/yr (advance estimate), up from 0.4% in Q3 ...
Kuwait: Preliminary budget statistics show a surplus of around USD25bn ...
Guinea: A civilian government has been inaugurated under the premiership of Jean-Marie Doré and elections are promised by year-end ...
Paraguay: The economy contracted in 2009 by 3.8% ...
Djibouti: Internal ethnic tensions between the Issa and Afar communities result in high political stability risk ...

Hamburg, 27 January 2010: Country Risk Weekly Bulletin

China: Q4 2009 real GDP growth accelerated to 10.7% yr/yr (full year 8.3%) ...
South Korea: Real GDP grew 6% yr/yr in Q4 2009 (advance estimate) ...
Hungary: The key policy interest rate was cut this week by 25bps to 6% ...
Sri Lanka: Presidential election had been expected to be close ...
Angola: Last week, the National Assembly approved a new constitution ...
Mauritius: Mauritius had already identified its need to diversify from sugar, textiles and tourism ...
Guatemala: GDP growth has been hit by the global recession ...
Montenegro: The political environment has been fairly calm since independence in 2006 ...

Hamburg, 20 January 2010 - Ukraine
Viktor Yanukovych has made a remarkable comeback winning the first round of presidential polls (35%) ...
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Hamburg, 20 January 2010 - China
Last week, the central bank signalled its intent to curb the ultra-loose monetary policy in place for most of 2009 by raising bank reserve requirements by 50bps ...
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Hamburg, 20 January 2010 - Chile
Sebastian Pinera of the centre-right Coalicion por el Cambio won the presidential election run-off last Sunday against Eduardo Frei of the ruling Concertacion Coalicion, with 52% of the vote ...
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Hamburg, 20 January 2010 - Nigeria
A federal court ruled that Vice-President Goodluck Jonathan can exercise executive powers in the health-related absence of President Umaru Yar’Adua ...
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Hamburg, 20 January 2010 - Venezuela
The bolivar was devalued and a two-tier official exchange rate created earlier this month ...
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Hamburg, 20 January 2010 - Algeria
The chief executive and other senior officials of Sonatrach, the state oil company, are being investigated following allegations of corruption ...
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Hamburg, 20 January 2010 - Malaysia
The global financial crisis affected adversely the export-dependent economy — real GDP contracted by around 4% yr/yr in Q1-Q3 2009 ...
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Hamburg, 20 January 2010 - Tanzania
Current high gold prices have increased revenues from the key export sector ...
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Hamburg, 6 January 2010 - United Arab Emirates
United Arab Emirates: The surprise announcement at end-2009 that Dubai World was seeking a six-month debt standstill and restructuring raised uncertainties ...
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Hamburg, 6 January 2010 - Romania
President Basescu nominated the incumbent PM Boc to form a new government ...
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Hamburg, 6 January 2010 - Croatia
The candidate of the main opposition SDP, Ivo Josipovic, won the first round of presidential elections on 27 December ...
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Hamburg, 6 January 2010 - Belize
Real GDP, after contracting in 2009, should grow, but only modestly (1.5%) in 2010 ...
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Hamburg, 6 January 2010 - Singapore
Expect GDP growth of around 4% in 2010 after a 2.1% decline in calendar 2009 ...
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Hamburg, 6 January 2010 - Vietnam
There is some risk that growth will exceed target and inflation will accelerate ...
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Hamburg, 6 January 2010 - Yemen
The Christmas Day Detroit airliner plot brought the activities of al-Qaida in the Arabian Peninsula (AQAP) to a wider audience and raised concerns relating to Yemeni statehood ...
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Hamburg, 6 January 2010 - India
Plans to divide Andhra Pradesh to create an additional state, Telangana, have caused some concerns ...
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Hamburg, 16 December 2009 - United Arab Emirates
This week’s USD10bn facility from Abu Dhabi is designed to assist Dubai to undertake an orderly restructuring of its debts ...
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Hamburg, 16 December 2009 - Mexico
President Felipe Calderon proposed a series of political reforms to congress ...
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Hamburg, 16 December 2009 - Ukraine
There is a serious risk that the government will soon run out of money and another European gassupply crisis could also emerge in early 2010 ...
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Hamburg, 16 December 2009 - China
Economic data released last week were mixed. Imports rose sharply, but exports fell 1.2% ...
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Hamburg, 16 December 2009 - Tunisia
Reports suggest that President Zine al-Abidine Ben Ali was recently prescribed bed rest ...
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Hamburg, 16 December 2009 - Angola
Presidential elections scheduled for this year were postponed last week, probably until 2012 to run concurrently with parliamentary polls ...
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Hamburg, 16 December 2009 - Brazil
The economy is remarkably resilient. Q3 growth, released last week, was slightly below market expectations ...
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Hamburg, 16 December 2009 - Russia
The economy is experiencing a deep recession but there are tentative signs that it has bottomed out ...
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Hamburg, 15 December 2009 - United Arab Emirates
United Arab Emirates: Downgraded to "BB" from "A"

Hamburg, 15 December 2009 - St. Vincent & Grenadines
St. Vincent & Grenadines: Downgraded to "C" from "B"

Hamburg, 10 December 2009 - India
Country Review published.
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Hamburg, 10 December 2009 - Brazil
Country Review published.
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Hamburg, 9 December 2009 - Chile
Presidential elections will be held on Sunday. Right-wing opposition candidate Sebastian Pinera is the frontrunner ...
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Hamburg, 9 December 2009 - Romania
Incumbent President Basescu was declared winner in Sunday’s run-off presidential election, with 50.3% of the vote ...
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Hamburg, 9 December 2009 - Bolivia
Preliminary results of the presidential election last Sunday show that President Evo Morales has won another term ...
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Hamburg, 9 December 2009 - Turkey
Fitch upgraded its LT sovereign rating by two notches to BB+ from BB- ...
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Hamburg, 9 December 2009 - Nigeria
President Umaru Yar’Adua was flown to Saudi Arabia for medical treatment ...
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Hamburg, 9 December 2009 - Guinea
The head of state, Moussa Dadis Camara, was flown to Morocco for urgent medical treatment ...
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Hamburg, 9 December 2009 - Philippines
Real GDP growth fell to 1% qtr/qtr in Q3 from 1.7% in Q2, but this was partly as a result of the impact of strong typhoons in September ...
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Hamburg, 9 December 2009 - Malawi
GDP growth was 10% in 2008. Expect 7-8% in 2009 and, with uranium exports on-stream from the Kayelekra mine, 5-7% in 2010. ...
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Hamburg, 9 December 2009 - China
Country Review published.
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Hamburg, 8 December 2009 - Russia
Country Review published.
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Hamburg, 4 December 2009 - United Arab Emirates
Country Review published.
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Hamburg, 2 December 2009 - United Arab Emirates
The announcement that two flagship companies (Dubai World and its real estate subsidiary Nakheel) are seeking a six-month standstill on debt as a first step towards restructuring was a shock ...
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Hamburg, 2 December 2009 - India
Q3 GDP data surprised on the up side, with overall economic growth of 7.9% yr/yr, after 6.1% in Q2 ...
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Hamburg, 2 December 2009 - Honduras
Honduras: The presidential elections were won comfortably by opposition candidate Porfirio Lobo ...
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Hamburg, 2 December 2009 - Taiwan
Q3 real GDP data released last week suggest that the economy has turned the corner with growth of 2% qtr/qtr ...
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Hamburg, 2 December 2009 - Vietnam
Last week the dong exchange rate (VND) was devalued again ...
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Hamburg, 2 December 2009 - Namibia
Parliamentary and presidential elections were held at end-November, official results are not yet through ...
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Hamburg, 2 December 2009 - South Africa
Q3 GDP data indicated that economic recovery is underway ...
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Hamburg, 2 December 2009 - St. Vincent & Grenadines
Heavy dependence on tourism and remittances make the economy highly vulnerable to recession ...
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Hamburg, 2 December 2009 - South Africa
Country Review published.
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Hamburg, 2 December 2009 - Malawi
Country Review published.
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Hamburg, 25 November 2009 - Honduras
Elections are scheduled for 29 November ...
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Hamburg, 25 November 2009 - Thailand
Real GDP recorded a second qtr/qtr gain in Q3 ...
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Hamburg, 25 November 2009 - Mexico
Q3 real GDP increased by 2.9% qtr/qtr ...
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Hamburg, 25 November 2009 - South Africa
The economy expanded by 0.9% qtr/qtr in Q3 ...
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Hamburg, 25 November 2009 - Qatar
Expect GDP growth of 20%+ in 2010 ...
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Hamburg, 25 November 2009 - Pakistan
GDP expanding by 2-3% in FY2009/10 (July-June) after 2% last year ...
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Hamburg, 25 November 2009 - El Salvador
Real GDP will contract in 2009 ...
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Hamburg, 25 November 2009 - Lesotho
Expect real GDP to contract by 2-4% in 2009 ...
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Hamburg, 19 November 2009 - El Salvador
Country Review published.
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Hamburg, 25 November 2009 - Belize
Country Review published.
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Hamburg, 18 November 2009 - Hungary
Expect GDP to contract by 6.5% in 2009 and another 0.5% in 2010 ...
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Hamburg, 18 November 2009 - Israel
In 2010 expect 2.5% GDP growth after near stagnation this year ...
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Hamburg, 18 November 2009 - Colombia
The national electoral council (CNE) has declared invalid a petition calling for the referendum on a constitutional amendment allowing President Uribe to stand for a third consecutive term ...
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Hamburg, 18 November 2009 - Hong Kong
In contrast to other economies in the region, real GDP rose by just 0.5% qtr/qtr ...
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Hamburg, 18 November 2009 - Sri Lanka
General Sarath Fonseka resigned from the more ceremonial post of Chief of Defence Staff ...
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Hamburg, 18 November 2009 - Lebanon
After five months of political deadlock, a government of national unity has been created ...
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Hamburg, 18 November 2009 - Uganda
Expect GDP growth of 3.5% this year and 5% in 2010 ...
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Hamburg, 18 November 2009 - Aruba
The economy is highly vulnerable to US recession ...
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Hamburg, 12 November 2009 - Aruba
Country Review published.
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Hamburg, 11 November 2009 - China
Industrial production and retail sales grew strongly in October ...
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Hamburg, 11 November 2009 - Indonesia
Q3 real GDP growth was 4.2% yr/yr, following 4% in Q2 ...
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Hamburg, 11 November 2009 - Venezuela
President Chavez ordered the mobilisation of the armed forces to prepare for war against the alleged threat from Colombia ...
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Hamburg, 11 November 2009 - Poland
The only EU economy expected to grow in 2009 ...
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Hamburg, 11 November 2009 - Yemen
There is mounting concern about stability ...
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Hamburg, 11 November 2009 - Equatorial Guinea
Presidential elections are scheduled for 29 November ...
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Hamburg, 11 November 2009 - Uruguay
The economy returned to growth in Q2, after contracting sharply in Q1 ...
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Hamburg, 11 November 2009 - Niger
Annual economic growth of 6% in 2001-08 was supported by increased uranium output ...
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Hamburg, 9 November 2009 - Uruguay
Country Review published.
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Hamburg, 4 November 2009 - Ukraine
President Yushchenko has signed a parliament-approved bill to raise public sector wages and pensions ...
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Hamburg, 4 November 2009 - Turkey
The economy has shown remarkable resilience to the global economic crisis ...
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Hamburg, 4 November 2009 - Indonesia
Inflation eased to 2.6% yr/yr in October from 2.8% in September ...
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Hamburg, 4 November 2009 - Lebanon
Expect 3.5% GDP growth this year and 5% in 2010, subject to overall political stability ...
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Hamburg, 4 November 2009 - Egypt
Expect the NDP to win comfortably parliamentary elections in November 2010 ...
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Hamburg, 4 November 2009 - Mozambique
A process of legislative, presidential and provincial elections began last week ...
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Hamburg, 4 November 2009 - Brazil
The central bank is more confident on growth ...
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Hamburg, 4 November 2009 - Honduras
With a push from Washington, the two sides in the disputed presidency have reached agreement on a way to end the crisis ...
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Hamburg, 4 November 2009 - St. Vincent & Grenadines
Country Review published.
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Hamburg, 2 November 2009 - Timor-Leste
Country Review published.
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Hamburg, 29 October 2009 - Anguilla
Anguilla: Downgraded to "BB" from "A"

Hamburg, 29 October 2009 - Montserrat
Montserrat: Downgraded to "BB" from "A"


Hamburg, 28 October 2009 - Russia
The pace of contraction of real GDP moderated to 9.4% yr/yr in Q3 ...
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Hamburg, 28 October 2009 - China
Economic growth looks set to meet the government’s target of 8% this year ...
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Hamburg, 28 October 2009 - India
The RBI did not overtly tighten monetary policy yesterday ...
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Hamburg, 28 October 2009 - South Korea
The strong economic recovery continued in Q3 ...
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Hamburg, 28 October 2009 - Macao
Real GDP more than doubled between 2002 and 2008, but contracted in H1 2009 ...
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Hamburg, 28 October 2009 - Argentina
The government is proceeding with an offer to bondholders ...
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Hamburg, 28 October 2009 - Tunisia
President Zine al-Abidine Ben Ali was reelected for a fifth term ...
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Hamburg, 28 October 2009 - Congo, Republic
The business environment is particularly weak, with reports of corruption and inefficiency ...
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Hamburg 28 October 2009 - Retention of Title
Euler Hermes publishes a new Special handling with "Deliver goods – but with conditions attached".
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Hamburg, 26 October 2009 - Tuvalu
Country Review published.
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Hamburg, 26 October 2009 - Iceland
Country Review published.
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Hamburg, 26 October 2009 - Lebanon
Country Review published.
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Hamburg, 26 October 2009 - Haiti
Country Review published.
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Hamburg, 26 October 2009 - Turkey
Country Review published.
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Hamburg, 26 October 2009 - Nicaragua
Country Review published.
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Hamburg, 23 October 2009 - Algeria
Country Review published.
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Hamburg, 22 October 2009 - Armenia
Country Review published.
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Hamburg, 22 October 2009 - St. Kitts & Nevis
Country Review published.
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Hamburg, 21 October 2009 - Russia
The government has signalled its intention to issue up to USD18bn international bonds next year ...
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Hamburg, 21 October 2009 - Hungary
Expect real GDP to contract by 6.5% or so in 2009 and by 0.5% in 2010 ...
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Hamburg, 21 October 2009 - Mexico
Inflation is still above target ...
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Hamburg, 21 October 2009 - Uruguay
The presidential election first round and elections for congress will be held on Sunday ...
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Hamburg, 21 October 2009 - Nigeria
The country’s oil output is around one quarter of capacity ...
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Hamburg, 21 October 2009 - Sri Lanka
Last week it was announced that presidential polls will be held in conjunction with parliamentary elections by April 2010 ...
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Hamburg, 21 October 2009 - Namibia
Expect GDP to contract by around 1% this year before recovering to +2% in 2010 ...
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Hamburg, 21 October 2009 - Papua New Guinea
There is also a long history of instability and systemic political risk remains relatively high ...
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Hamburg, 20 October 2009 - Zimbabwe
Country Review published.
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Hamburg, 19 October 2009 - Turkmenistan
Country Review published.
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Hamburg, 16 October 2009 - Lesotho
Country Review published.
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Hamburg, 16 October 2009 - Congo, Republic
Country Review published.
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Hamburg, 15 October 2009 - Macao
Country Review published.
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Hamburg, 14 October 2009 - Singapore
Expect GDP to contract by 2-3% in calendar 2009 but increase by 3-4% in 2010 ...
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Hamburg, 14 October 2009 - Kuwait
An initial official statement released on 11 October stated that Kuwait was promoting delay to the launch of the GCC’s monetary union and single currency, scheduled for January 2010 ...
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Hamburg, 14 October 2009 - China
September trade data showed the slowest pace of export decline in nine months ...
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Hamburg, 14 October 2009 - Slovenia
Real GDP contracted by 9.3% yr/yr in Q2, following -8.3% in Q1, private consumption contracted by 2.6% ...
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Hamburg, 14 October 2009 - Bulgaria
The once-overheated economy is now in recession ...
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Hamburg, 14 October 2009 - Zambia
Expect GDP growth of 3-4% this year and around 5% in 2010 ...
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Hamburg, 14 October 2009 - Botswana
The ruling Botswana Democratic Party (BDP) is currently divided ...
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Hamburg, 14 October 2009 - Trinidad & Tobago
Expect GDP to contract by 2% in 2009 but increase by 2% in 2010 ...
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Hamburg, 12 October 2009 - Papua New Guinea
Country Review published.
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Hamburg, 12 October 2009 - Bulgaria
Country Review published.
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Hamburg, 07 October 2009 - Trinidad & Tobago
Country Review published.
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Hamburg, 7 October 2009 - Romania
The 10-month old grand coalition of the DLP and the SDP collapsed last week after PM Boc (DLP) dismissed Interior Minister Nica (SDP) ...
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Hamburg, 7 October 2009 - Saudi Arabia
King Abdullah dismissed a leading cleric from his duties on the Council of Religious Scholars ...
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Hamburg, 7 October 2009 - Ghana
The full 2008/09 cocoa harvest (ending September) reached 703,000 tonnes, following 680,000 the year before ...
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Hamburg, 7 October 2009 - Guinea
The African Union has given Captain Moussa Dadis Camara until mid-October to declare that he will not stand in presidential elections next January ...
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Hamburg, 7 October 2009 - Dominican Republic
A staff-level agreement with the IMF on a 28 month Stand-By Arrangement (USD1.7bn) was reached last weekend ...
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Hamburg, 7 October 2009 - Serbia
Expect real GDP to shrink by about 4% in calendar 2009 followed by just 1% growth in 2010. ...
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Hamburg, 7 October 2009 - Hungary
The intensification of the global financial crisis in autumn 2008 hit the economy particularly hard ...
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Hamburg, 7 October 2009 - Nicaragua
The economy contracted sharply in Q2, but there should be a modest upturn through 2010 ...
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Hamburg, 04 October 2009 - Uganda
Country Review published.
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Hamburg, 30 September 2009 - Romania
PM Boc fired Interior Minister Nica, a member of the SDP, which is a coalition partner ...
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Hamburg, 30 September 2009 - Vietnam
Early official estimates put the growth of real GDP in the first nine months of 2009 at 4.6% ...
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Hamburg, 30 September 2009 - Ukraine
Expect real GDP to decline by 15%+ in calendar 2009, before returning to modest growth of around 2% in 2010 ...
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Hamburg, 30 September 2009 - Nigeria
Abuja may be using China’s interest as a ploy to improve its own allocation of oil revenues ...
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Hamburg, 30 September 2009 - Kenya
The last long rains (April) failed completely, with adverse repercussions on agricultural output ...
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Hamburg, 30 September 2009 - Chile
Elections are scheduled for December 2009. President Bachelet is not permitted a second consecutive term ...
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Hamburg, 30 September 2009 - Oman
Despite moderate concerns relating to succession, Sultan Qaboos remains popular and the political environment is stable ...
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Hamburg, 25 September 2009 - Oman
Country Review published.
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Hamburg, 25 September 2009 - Chile
Country Review published.
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Hamburg, 23 September 2009 - Czech Republic
The government agreed spending cuts aimed at reducing the budget deficit ...
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Hamburg, 23 September 2009 - Honduras
Ousted president, Manuel Zelaya, returned to Honduras this week ...
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Hamburg, 23 September 2009 - Lebanon
Do not expect a national unity government to be formed quickly ...
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Hamburg, 23 September 2009 - Kazakhstan
State-owned BTA, the largest bank, signed a memorandum of understanding (MoU) with foreign creditors to restructure its debt ...
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Hamburg, 23 September 2009 - Nepal
Street protests and other demonstrations continue to limit political development ...
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Hamburg, 23 September 2009 - Sierra Leone
The IMF yesterday announced that all performance criteria for end-June under a Poverty Reduction and Growth Facility were met ...
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Hamburg, 23 September 2009 - Costa Rica
Although the economy has contracted, in line with much of the global economy, external sector pressures have eased in recent months, ...
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Hamburg, 23 September 2009 - Liberia
Expect annual real GDP growth of around 5-7% in both 2009 and 2010 ...
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Hamburg 21 September 2009 - Why push claims?
Euler Hermes publishes a new Special handling with Credit Management.
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Hamburg 21 September 2009 - Policies - clear without ambiguity
Euler Hermes publishes a new Special handling with wording of policies.
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Hamburg, 18 September 2009 - Niger
Country Review published.
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Hamburg, 18 September 2009 - Costa Rica
Country Review published.
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Hamburg, 16 September 2009 - China
Expect growth to exceed the government’s 8% target in the next few quarters ...
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Hamburg, 16 September 2009 - Brazil
Expect 2.8% (perhaps more) growth in 2010 and interest rates to be on hold for some time ...
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Hamburg, 16 September 2009 - Turkey
The pace of real GDP contraction slowed to 7% yr/yr in Q2 from 14.3% in Q1 ...
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Hamburg, 16 September 2009 - United Arab Emirates
Dubai has been adversely affected by the global financial crisis and recession ...
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Hamburg, 16 September 2009 - Croatia
The Croatian economy contracted by 6.3% yr/yr in Q2 (flash estimate), after a 6.7% decline in Q1 ...
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Hamburg, 16 September 2009 - Uganda
Presidential and legislative elections are due in early 2011 ...
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Hamburg, 16 September 2009 - Algeria
Algeria is of strategic importance in relation to Europe’s needs for energy imports ...
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Hamburg, 16 September 2009 - Laos
Agriculture still accounts for 45% of GDP and per capita incomes are among the lowest in East Asia ...
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Hamburg, 11 September 2009 - Namibia
Country Review published.
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Hamburg, 9 September 2009 - Saudi Arabia
Oil production capacity is now a record 12.5 million barrels a day ...
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Hamburg, 9 September 2009 - Malaysia
Private consumption showed a turnaround by growing 0.5% ...
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Hamburg, 9 September 2009 - Mexico
President Calderon has replaced the attorney-general, the agriculture minister and the head of the state oil company ...
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Hamburg, 9 September 2009 - Gabon
Ali Ben Bongo (son of the previous incumbent who died in June) was declared the winner in presidential polls ...
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Hamburg, 9 September 2009 - Uruguay
Presidential and legislative elections on 25 October ...
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Hamburg, 9 September 2009 - Russia
The banking sector remains weak, but a systemic banking collapse is unlikely ...
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Hamburg, 9 September 2009 - Dominican Republic
External liquidity overall is relatively weak, but external debt is moderate ...
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Hamburg, 9 September 2009 - East African Community
The five partner states Burundi, Kenya, Rwanda, Tanzania and Uganda are meeting to discuss creation of an East African Monetary Union (EAMU) ...

Hamburg, 2 September 2009 - Poland
Private consumption growth slowed to 1.9% ...
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Hamburg, 2 September 2009 - Colombia
Legislation to permit a third consecutive term for President Uribe ...
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Hamburg, 2 September 2009 - India
GDP expanded by 6.1% yr/yr in Q2 ...
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Hamburg, 2 September 2009 - Brazil
Industrial production was up 2.2% ...
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Hamburg, 2 September 2009 - Saudi Arabia
Inflation in July was down to 4.2% ...
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Hamburg, 2 September 2009 - Philippines
The economy grew 2.4% in Q2 ...
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Hamburg, 2 September 2009 - Turkey
Inflation eased to 5.4% in July ...
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Hamburg, 2 September 2009 - Ethiopia
GDP per capita is one of the lowest in the world ...
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Hamburg, 27 August 2009 - Barbados
Barbados: Downgraded to "C" from "B"

Hamburg, 27 August 2009 - Estonia
Estonia: Downgraded to "C" from "B"

Hamburg, 27 August 2009 - Kazakhstan
Kazakhstan: Downgraded to "D" from "C"

Hamburg, 26 August 2009 - Israel
Specific reasons for Israel’s tightening ...
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Hamburg, 26 August 2009 - Bulgaria
Q2 real GDP contracted by 4.8% ...
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Hamburg, 26 August 2009 - Taiwan
Private consumption continued to grow ...
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Hamburg, 26 August 2009 - Thailand
Recovery signs are more evident ...
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Hamburg, 26 August 2009 - Kenya
A population and housing census began ...
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Hamburg, 26 August 2009 - Venezuela
The government is concerned ...
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Hamburg, 26 August 2009 - India
Expect GDP growth of 5.5% this year ...
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Hamburg, 26 August 2009 - Cambodia
The current account deficit is around 10% of GDP ...
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Hamburg, 24 August 2009 - Algeria
Country Review published.
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Hamburg, 24 August 2009 - Honduras
Country Review published.
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Hamburg, 21 August 2009 - Eritrea
Country Review published.
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Hamburg, 21 August 2009 - Ethiopia
Country Review published.
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Hamburg, 21 August 2009 - Liberia
Country Review published.
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Hamburg, 21 August 2009 - Hungary
Country Review published.
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Hamburg, 20 August 2009 - Cambodia
Country Review published.
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Hamburg, 19 August 2009 - Hong Kong
Q2 real GDP data suggest that Hong Kong has joined other Asian economies in returning to growth ...
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Hamburg, 19 August 2009 - Nigeria
The state has taken control of five mid-tier banks that were reportedly close to insolvency ...
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Hamburg, 19 August 2009 - Romania
Real GDP contracted by 8.8% yr/yr in Q2 following a 6.2% decline in Q1. ...
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Hamburg, 19 August 2009 - Czech Republic
Real GDP contracted by 4.9% yr/yr in Q2, after declining by 3.3% in Q1 ...
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Hamburg, 19 August 2009 - South Africa
Inflationary expectations remain broadly unchanged ...
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Hamburg, 19 August 2009 - Hungary
Economic decline accelerated in Q2 after 6.7% in Q1, ...
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Hamburg, 19 August 2009 - Mexico
The economy is in severe recession — Q2 real GDP probably contracted 10%+ yr/yr ...
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Hamburg, 19 August 2009 - Syria
Agriculture and industry account for around 15% and 30% of overall GDP ...
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Hamburg, 19 August 2009 - Laos
Country Review published.
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Hamburg, 19 August 2009 - Romania
Country Review published.
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Hamburg, 18 August 2009 - Dominican Republic
Country Review published.
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Hamburg, 14 August 2009 - India
Country Review published.
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Hamburg, 14 August 2009 - Syria
Country Review published.
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Hamburg, 14 August 2009 - Burundi
Country Review published.
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Hamburg, 14 August 2009 - Mexico
Country Review published.
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Hamburg, 12 August 2009 - China
Trade data showed exports down 23% yr/yr ...
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Hamburg, 12 August 2009 - Russia
Real GDP contracted by 10.8% in Q2 ...
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Hamburg, 12 August 2009 - Honduras
There is still no resolution of the constitutional crisis ...
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Hamburg, 12 August 2009 - Pakistan
The economic and trading environments remain high risk ...
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Hamburg, 12 August 2009 - Lebanon
The economy remains resilient ...
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Hamburg, 12 August 2009 - Madagascar
A Government of National Unity will be formed ...
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Hamburg, 12 August 2009 - Cameroon
Transfer risk is low ...
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Hamburg, 12 August 2009 - Barbados
The political system has been stable ...
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Hamburg, 5 August 2009 - Lithuania
Country Review published.
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Hamburg, 5 August 2009 - Ukraine
Real GDP slumped by 20.3% yr/yr in Q1, and early indicators for Q2 suggest little sign of recovery ...
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Hamburg, 5 August 2009 - Guinea-Bissau
Malam Bacai Sanha, candidate of the ruling PAIGC, won the second round run-off in presidential elections at end-July ...
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Hamburg, 5 August 2009 - Israel
Foreign Minister Avigdor Lieberman has pledged to stand down ...
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Hamburg, 5 August 2009 - Bulgaria
The European Commission’s latest interim report acknowledges some progress in judicial reform ...
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Hamburg, 5 August 2009 - Niger
President Mamadou Tandja is seeking to extend his rule through this week’s referendum ...
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Hamburg, 5 August 2009 - Yemen
Recent violent unrest in the south, with increasing calls for secession, is adding to the country’s problems ...
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Hamburg, 5 August 2009 - Egypt
President Hosni Mubarak has been in power since 1981 and is likely to remain head of state ...
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Hamburg, 5 August 2009 - Kazakhstan
Country risk has increased and a larger number of insolvencies is to be expected ...
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Hamburg, 31 July 2009 - Cameroon
Country Review published.
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Hamburg, 31 July 2009 - Egypt
Country Review published.
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Hamburg, 31 July 2009 - Mauritania
Country Review published.
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