Global Investing

Election test for Venezuela bond fans

October 5, 2012

Investors who have been buying up Venezuelan bonds in hopes of an opposition victory in this weekend’s presidential election will be heartened by the results of a poll from Consultores 21 which shows Henrique Capriles having the edge on incumbent Hugo Chavez.  The survey shows the pro-market Capriles with 51.8 percent support among likely voters, an increase of 5.6 percentage points since a mid-September poll.

Three snapshots for Monday

April 23, 2012

The euro zone’s business slump deepened at a far faster pace than expected in April, suggesting the economy will stay in recession at least until the second half of the year. The euro zone’s manufacturing PMI came in below all forecasts from a Reuters poll of  economists, plumbing 46.0 in April – its lowest reading since June 2009. Weak PMI numbers are a bad sign for economic growth (see chart) but also for earnings:

What chances true democracy in oil-rich Iran?

March 2, 2012

Truly, oil can be a curse. Having it may enrich a country (more likely its rulers) but it does not seem condusive to democracy. And the more oil a country produces, the less likely it is to make the transition to democracy, according to research from investment bank Renaisssance Capital.

Discovering the pleasure of dividends in Russia

February 20, 2012

American financier J.D. Rockefeller said watching dividends rolling in was the only thing that gave him pleasure. But it is a pleasure which until now has largely bypassed shareholders in most big Russian companies. That might be about to change.

from Reuters Investigates:

Enter stage left — Brazil’s next president?

September 23, 2010

BRAZIL-ELECTION/ROUSSEFFNot every president has a police mugshot, but it's not so surprising in Latin America.

from MacroScope:

Britain heading for rude awakening?

January 20, 2010

 UK_DFTEZ0110

 

There is a divisive election ahead for Britain, the threat of a ratings downgrade on its sovereign debt and a deficit that has ballooned into the largest by percentage of any major economy.  UK stocks, bonds and sterling, however, are trundling along as if all were well. What gives?

from Global News Journal:

Back to the future in Malaysia with Anwar sodomy trial II

July 1, 2009

By Barani Krishnan

A decade ago, Malaysia's former deputy prime minister Anwar Ibrahim was on trial for sodomy and corruption in a trial that exposed the seamy side of Malaysian justice and the anxieties of a young country grappling with a crushing financial crisis and civil unrest.

from Global News Journal:

Argentina’s Kirchner shows softer side on campaign trail

May 22, 2009

Argentina's Nestor Kirchner developed a reputation as a sharp-tongued leader who did not hesitate to upbraid company executives, opposition leaders and journalists as president.

What about the Whigs?

September 1, 2008

pols.jpgAs Democrats and Republicans kick off the final countdown to the Nov. 4 election, strategists at U.S. investment bank Lehman Brothers have done some interesting data mining.