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Emerging Market Crisis Series

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Emerging market economies, such as India, Turkey, Indonesia, LatAm economies which have been a darling of investors even after 2008/09 financial crisis led to cheaper capital access to these economies and its corporates, a trend that continued for more than half a decade at rapid speed. Now, with US Federal Reserve looking to raise borrowing costs and slowdown in China, led these economies and their corporates into greater chaos. We, in this series discuss the vulnerabilities of emerging market.

Emerging Market Crisis Series

Eastern Europe is shunning liberal democracy – but it'll come back in the end

May 13, 2016 10:38 am UTC| Insights & Views Politics

Whats happening to democracy in Central and Eastern Europe? A new authoritarianism, what one leader has called illiberal democracy, has taken over in Hungary and Poland. Propelled in part by the Paris and Brussels attacks...

Emerging Market Crisis Series

What is Brazilian President Dilma Rousseff's real crime?

May 13, 2016 10:22 am UTC| Insights & Views Law Politics

Dilma Rousseff, Brazils first female president, is about to go on trial. She is temporarily suspended from office while Brazilian politicians debate whether she broke the countrys laws. Her crime is she allegedly...

Emerging Market Crisis Series

Turkish economy likely to grow 2.7 pct this year, TRY rally impacted by increased political uncertainty

May 13, 2016 09:37 am UTC| Commentary

The Turkish economy and the lira are being weighed on by declining tourist arrivals and increasing oil price in the long term. The current account is in deficit again and is broadening. The real sector and consumer...

Emerging Market Crisis Series

A blueprint for bringing local economies to life in South Africa

May 05, 2016 16:10 pm UTC| Insights & Views Economy

South Africa needs a radical change in its approach to local economic development. Beyond social security and central government transfers, each district and local municipal area needs a clear plan to attract investment...

Emerging Market Crisis Series

S&P stokes EM concerns - warns on rising pace of EM downgrades

May 05, 2016 13:55 pm UTC| Commentary

SP Global Ratings in a report released yesterday, warned that debt pile in emerging markets which has burgeoned to around $435 billion, to be repaid in the next 10 years, pose new potential risks to sovereign ratings. It...

Emerging Market Crisis Series

Turkey on the verge of political crisis

May 05, 2016 05:28 am UTC| Commentary Politics

Turkish Prime Minister, Ahmet Davutoglu, is set to resign after talks failed with the countrys authoritarian President Tayyip Erdogan over his independence as elected Prime Minister of the country. Mr. Erdogan, who founded...

Emerging Market Crisis Series

Can FOMC be less dovish this week? - Rates in Emerging Asia

Apr 26, 2016 05:02 am UTC| Commentary Central Banks

This weeks US FOMC meeting could set the tone for USD/Asia. With the recent risk rally, improvement in Chinas data and a loosening in financial conditions on the back of the USD depreciation, the Fed will likely be less...

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Economy

Burger King Ordered to Compensate Injured Customer With Almost $8M Payout

Burger King is set to shell out about $8 million after the court ordered it to pay a customer who was injured at the restaurant. The burger store chains franchisee in Florida has been found guilty of negligence by the...

Nestlé Reveals New Operations Chief to Replace Retiring Magdi Batato

Nestlé SA food and drink company announced it has appointed the new companys head of operations. Effective on July 1, Stephanie Pullings Hart will be the new deputy head of operations, and she will be stationed at...

Asda Reportedly Finalizing £10B Merger Deal With EG Group

Asda is reportedly in the midst of finalizing its merger agreement with UK-based EG Group, which operates filling stations, fast-food outlets, and convenience stores. Reportedly, the deal will include more than 500 million...

Panera Brands Promotes Exec to CEO Post Amid IPO Plans

Panera Brands Inc., an American bakery-cafe chain store, revealed it has promoted one of its high-ranking executives to become its new chief executive officer. The promotion comes as the company reportedly plans for an...

Samsung To Invest ₩30 Billion in Advancing Smart Factories for SMEs

Samsung Electronics Co. will invest 30 billion won over the next three years in its Smart Factory 3.0 project which would transform SMEs manufacturing facilities into smart factories usingartificial intelligence (AI) and...

Politics

Russia-Ukraine War: Russian Troops Replaced Wagner Fighters in Bakhmut

The Ukrainian deputy defense minister said that Russian troops were replacing the Wagner fighters in the eastern city of Bakhmut, where fighting has been taking place the longest. The minister said that Russian troops were...

North Korea Media Criticizes US, South Korea, Japan Missile Warning Agreement

North Korean state media criticized the agreement made between the United States, South Korea, and Japan that would allow the three countries to share information in real-time on the isolated nations missile launches. This...

US: Biden Nominates Air Force Chief as Top General

The White House announced this week that US President Joe Biden has appointed US Air Force Chief Gen. Charles Q. Brown to serve as the next Chairman of the Joint Chiefs of Staff. Brown would become the second Black officer...

Russia-Ukraine War: Norway to Support Joint Training Programs for F-16s

Norway supports the push for joint training programs for Ukrainian pilots to fly F-16 jets. This follows the endorsement by the United States for the training programs with Ukraine, assuring that the jets will not be used...

Japan Scrambles Fighter Jets Following Incursion of Russian 'Intelligence-Gathering' Aircraft

The Japanese defense ministry said it scrambled fighter jets after a Russian intelligence-gathering aircraft was spotted flying over the Pacific Ocean and the Sea of Japan this week. This follows recent incidents,...

Science

Gravitational wave detector LIGO is back online after 3 years of upgrades – how the world's most sensitive yardstick reveals secrets of the universe

After a three-year hiatus, scientists in the U.S. have just turned on detectors capable of measuring gravitational waves - tiny ripples in space itself that travel through the universe. Unlike light waves, gravitational...

Why don't rocks burn?

While many rocks dont burn, some of them do. It depends on what the rocks are made of and thats related to how they were formed. There are three main rock types: igneous, sedimentary and metamorphic. These rocks are...

Quantum physics proposes a new way to study biology – and the results could revolutionize our understanding of how life works

Imagine using your cellphone to control the activity of your own cells to treat injuries and disease. It sounds like something from the imagination of an overly optimistic science fiction writer. But this may one day be a...

You shed DNA everywhere you go – trace samples in the water, sand and air are enough to identify who you are, raising ethical questions about privacy

Human DNA can be sequenced from small amounts of water, sand and air in the environment to potentially extract identifiable information like genetic lineage, gender, and health risks, according to our new...

Theory of everything: how progress in physics depends on asking the right questions

When I began my undergraduate physics degree (around 20 years ago), What is the theory of everything? was a question that I heard often. It was used as a label for how theoretical physicists were trying to develop a deeper...

Technology

Apple Reveals Broadcom Deal to Develop 5G Components

Apple Inc. revealed it has teamed up with Broadcom Inc. for the development of 5G radio frequency parts in the United States. The companies signed a multi-billion deal for the partnership. With the cooperation between...

Apple, Masimo Lawsuit Declared a Mistrial

What is a black box? A computer scientist explains what it means when the inner workings of AIs are hidden

For some people, the term black box brings to mind the recording devices in airplanes that are valuable for postmortem analyses if the unthinkable happens. For others it evokes small, minimally outfitted theaters. But...

AI is changing how Americans find jobs, get promoted and succeed at work

Whether we realize it or not, advancements in artificial intelligence are increasingly influencing the paths of our careers. Advancements in human capital management systems, more strategic and data-driven human...

AI is already being used in the legal system - we need to pay more attention to how we use it

Artificial intelligence (AI) has become such a part of our daily lives that its hard to avoid even if we might not recognise it. While ChatGPT and the use of algorithms in social media get lots of attention, an...

What is Bluesky and how's it different to Twitter?

Amid management changes at Twitter, discontented users are exploring an alternative social media platform called Bluesky. According to media reports, downloads of the Bluesky app surged more than 600% in...