Resources

24 Resources for

edward hugh and emerging markets

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Green Shoots in Germany and Estonia?
Edward Hugh submits: Well, I am busying myself this morning scratching around looking for green shoots in Turkey. But as I was digging, I couldn't help notice this coming in over the radar from Germany, courtesy of Bloomberg: German exports fell more than economists forecast in April...
Tags: Emerging Markets, Edward Hugh
External links 2009-06-09
The Trouble with Latvia: What It Is and Why It Matters
Edward Hugh submits: As I pointed out recently in the context of Latvia and the impending potential for a devaluation, there is a distinct risk of falling victim to the sin of crying wolf. Yet, as the plot inevitable thickens I am maintaining, as it were, my cry. There...
Tags: Emerging Markets, Edward Hugh
External links 2009-06-04
ZEW Central and Eastern Europe Sentiment Index Shows First Positive Reading in 20 Months
Edward Hugh submits: Investor confidence in central and eastern Europe entered positive territory for the first time in 20 months in May according to Sentiment Indicator published by ZEW Center for European Economic Research and Erste Bank. May marked the first positive reading on the index since September 2007....
Tags: Emerging Markets, Edward Hugh
External links 2009-05-25
Is Hungary Set to Become the Next Iceland?
Edward Hugh submits: Iceland, why on earth Iceland? Well, the issue I have in mind concerns the independence and viability of central bank monetary policy (especially in a small open economy like Hungary's) and the role interest rates, and investor sentiment, and yield differentials, and oh yes, I almost...
Tags: Emerging Markets, Edward Hugh, CurrencyShares Euro Trust
External links 2009-05-20
Russia Forecasts Possible 8% GDP Contraction for 2009
Edward Hugh submits: Of course, with all these large negative numbers going the rounds at the moment, we are all in danger of going rapidly dizzy, but some pieces of data still have the power to shock, like yesterday's announcement from Russia's Economy Minister Elvira Nabiullina that the economy...
Tags: Emerging Markets, Edward Hugh
External links 2009-05-20
Not All Eastern European Economies Are the Same
Edward Hugh submits: This was Angela Merkel's point wasn't it, if you remember, as she came out of the April EU summit she argued: Saying that the situation is the same for all central and eastern European states, I don’t see that……you cannot compare the dire situation in Hungary...
Tags: Emerging Markets, Edward Hugh
External links 2009-05-12
Russia's Economy Contracts by 7% in Q1: Will 2010 Be Even Worse?
Edward Hugh submits: According to Deputy Economic Development Minister Andrei Klepach last week, Russia's economy shrank by 7 percent year on year in the first quarter of 2009, a staggering turnaround for an economy which has just enjoyed eight years of solid oil-fueled growth. "These figures are worse than...
Tags: Emerging Markets, Edward Hugh
External links 2009-04-07
Are the IMF and ECB Lining Up Against the EU Commission over Latvia?
Edward Hugh submits: There was a very interesting and revealing press conference given by IMF First Deputy Managing Director John Lipsky and European Central Bank governing council member Christian Noyer in Paris on Thursday. Christian Noyer said that, in his opinion, Baltic countries like Latvia would not be helped...
Tags: Emerging Markets, Edward Hugh, CurrencyShares Euro Trust
External links 2009-06-29
As Hungary's "Correction" Heads For A Dead End, Time For A Change Of Course?
Edward Hugh submits: Hungary's economic correction still fails to convince. Indeed I am not the only one who remains unconvined by the viability of what is currently taking place it seems, since according to the opposition supporting local daily newspaper Magyar Hírlap, none other than the Hungarian Prime Minister...
Tags: Emerging Markets, Edward Hugh, Hungarian Telephone & Cable Corp.
External links 2009-09-21
Top 10 Banks of Turkey
Edward Hugh submits: The Top 10 Banks of Turkey based on Assets as of December 2008 are shown below: Source: Banking in CEE: Challenging Times but Recovery on the Horizon by UNICREDIT TIRIAC BANK S.A. by Edward Hugh
Tags: Emerging Markets, Edward Hugh
External links 2009-09-21
Global Economic Crisis Far from Over - Especially in Europe's Periphery
Edward Hugh submits: As far as I am concerned, this is ... the most complex crisis we've ever seen due to the number of factors in play.-Spanish Economy Minister Pedro Solbes speaking to the Spanish radio station Punto Radio September 2008The global imbalances have to add up to zero...
Tags: US Market, Emerging Markets, Financial, Edward Hugh
External links 2009-09-08
South Africa's Recession Continues Even as the Rand Surges
Edward Hugh submits: "The banking sector in South Africa has insubstantial leverage and did not enter in to excessively risky lending practices that were the hallmarks of the credit-boom days. However, South Africa’s Current Account Deficit remains wide and its ability to service its short-term debt is on the...
Tags: Emerging Markets, Edward Hugh
External links 2009-08-24
Lessons from Central Europe
Edward Hugh submits: The non-biblical concept of original sin, as Claus Vistesen notes in this post, when propounded in its standard Obstfeld & Krugman textbook version refers to the situation where many developing economies who are not able to borrow in their own currencies feel forced to denominate large...
Tags: Emerging Markets, Edward Hugh
External links 2009-08-16
The IMF/EU Commission Rift on Latvia Seems to Be Deepening
Edward Hugh submits: Two weeks ago I drew attention to a revealing press conference given by IMF First Deputy Managing Director John Lipsky and European Central Bank governing council member Christian Noyer, where it seemed a rather different posture was being taken on the Latvian question than that which...
Tags: Emerging Markets, Edward Hugh, CurrencyShares Euro Trust
External links 2009-07-13
Cliff Hanging in Bulgaria
Edward Hugh submits: click to enlarge The International Monetary Fund this week forecast that the recession in Bulgaria would be deeper than it previously predicted. Such a decision should come as no surprise to anyone, since the country's economic dynamics in both the short and long term...
Tags: Emerging Markets, Edward Hugh
External links 2009-07-12
As Its Politicians Battle, Ukraine's Economy Tunnels South
Edward Hugh submits: “In Ukraine, the evidence is still that policymakers do not quite understand the seriousness of the challenges they face,”. Timothy Ash, analyst at the Royal Bank of Scotland. “There is a burgeoning economic crisis in the European periphery,” Krugman said on the ABC network Dec. 14....
Tags: Emerging Markets, Edward Hugh
External links 2008-12-26
The IMF's Latvian Bailout Program Is a Mistake Without Devaluation
Edward Hugh submits: click to enlarge The IMF finally announced its Latvia "bailout" plan on Friday. The plan involves lending about €1.7 billion ($2.4 billion) to Latvia to stabilize the currency and financial support while the government implements its economic adjustment plan. The loan, which will be...
Tags: Emerging Markets, Edward Hugh
External links 2008-12-24
Hungarian Business and Consumer Sentiment Both Fall Sharply in October
Edward Hugh submits: Well, you don't need to be especially adept at reading tealeaves to know which way things are about to move now on the Hungarian economic front. But just in case any of you did have some last, lingering doubts, the latest edition of the GKI sentiment...
Tags: Sentiment, Seeking Alpha, Edward Hugh, Financial Accounting, Finance, Emerging Markets
External links 2008-11-05
Eastern Europe's Forecasts Keep Getting Revised Downwards
Edward Hugh submits: According to a study out Monday by Capital Economics, Eastern Europe’s gross domestic product will shrink by 6 percent on average this year, with every single economy in the region posting a contraction. The biggest declines (15 percent) will be in Latvia and Lithuania. Poland is...
Tags: Emerging Markets, Edward Hugh
External links 2009-03-24
Do They Sell Parachutes in Bulgaria?
Edward Hugh submits: Someone was asking in comments recently about whether there was much in the way of hard data out there to confirm the general impression many of us have that the Bulgarian economy is tanking. Well, by accident I came across this little detail today: retail sales...
Tags: Emerging Markets, Edward Hugh
External links 2009-03-23
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