BRICs mentioned with caution… Business in emerging markets Emerge, splurge, purge Western firms have piled into emerging markets in the past 20 years. Now comes the reckoning Mar 8th 2014 | From the print edition Phone users smile, shareholders weep VODAFONE’S latest figures appear at first glance to vindicate the most powerful management idea of theContinue reading “The Economist on Business in emerging markets”
Category Archives: Brazil
The Economist on Business in Emerging Markets
A bearish outlook on business in the BRICs… Business in emerging markets Submerging hopes The boom in emerging-market investment by rich-world firms has led to plenty of disappointment Mar 8th 2014 | From the print edition IN 2007 UniCredit, an Italian bank, fought off ferocious competition from other Western lenders to buy Ukraine’s fourth-largest bank fromContinue reading “The Economist on Business in Emerging Markets”
BRICs Fading, Fragile Five Trending?
Judging by two recent articles in The Economist, the term Fragile Five is trending as the techies say, while one does not see BRICs quite as much… Eike Batista’s assets The great X-it Foreign firms are buying most bits of the Brazilian mogul’s fallen empire Feb 22nd 2014 | SÃO PAULO | From the print edition Seeking redemptionContinue reading “BRICs Fading, Fragile Five Trending?”
The Economist on Emerging Markets, Locus of Extremity
The Economist magazine recently covered Emerging Markets exchange rate issues THE central bank of Turkey boasts an impressive art collection, including a canvas by Erol Akyavas entitled “Locus of Extremity”. That was pretty much where the central bank found itself at midnight on January 28th. Turkey’s currency, the lira, had fallen by 13% againstContinue reading “The Economist on Emerging Markets, Locus of Extremity”
Brazil in 2013
Brazil has been on the top of the list of emerging markets for the last years. Is this going to change from now on? In 2013, we certainly had negative signs: weak growth, inflation, and political interventions in state enterprises. Concerns with the advancement of public spending and doubts about the fiscal discipline of theContinue reading “Brazil in 2013”