Markets

24 June 2015

Australia’s Port Privatization Plan is a Mess

Recent plans to privatise a number of Australian ports have become very messy. In Victoria, both sides of government were committed to privatising the Port of Melbourne Corporation (PoMC), intending to use the proceeds to remove a number of level...

24 June 2015

Life After ChAFTA for Australia

The landmark Australia–China Free Trade Agreement (ChAFTA), signed sealed and delivered, completes a trifecta of trade deals since last year with Australia’s three Northeast Asian neighbours — China, Japan, and South Korea. The landmark Australia–China Free Trade Agreement (ChAFTA), signed...

23 June 2015

Japanese PM Abe’s New Fiscal Initiative

Investors have been more focused Japan's aggressive monetary policy and the structural reforms promised under Abenomics than fiscal policy. However, the Abe government is taking a new fiscal initiative. It has taken on a new more ambitious goal, which was...

23 June 2015

Overcoming Challenges to Achieve Modi’s Optimism

A visionary new leader, Narendra Modi, has recently come to power in India. He seeks to realise India’s huge growth potential and make it a major global player. This has generated enormous optimism nationally, and internationally, about an Indian resurgence....

22 June 2015

A Preview of the Emerging Markets

EM assets are starting the week off on a firmer footing.  Sentiment has been helped by optimism over a Greek compromise, as well as perceptions of a less hawkish Fed.  Both of these factors could turn negative very quickly.  Besides...

19 June 2015

Labor Migration is but One Hurdle for African Sport

The Egyptian government recently took steps that have led to labeling football fans as terrorists. The arrest and detention of alleged members of the Ultras White Knights (UWK), a highly politicised supporters group associated with Cairo club Al Zamalek SC,...

19 June 2015

An Emerging Markets Status Update

1) The EU sanctions on Russia will be extended for another six months, 2) Lawmakers in Hong Kong voted down a Beijing-backed plan to change the political system, 3) Argentine presidential candidate Scioli of the ruling alliance has picked Zannini...

18 June 2015

Australian Coal’s Death Has Been Greatly Exaggerated

Talk of the demise of Australian coal production is largely political, not economic. The problem for the countries that presently mine and burn coal is that there are currently few low cost alternatives. Most countries in the world today are...

18 June 2015

Indonesia’s Jokowi Winning Hearts and Minds in Papua

President Joko Widodo (popularly known as Jokowi) has affirmed giving special attention to the Papua region, comprising the two provinces of Papua and West Papua. The region has endured a low-level guerrilla insurgency from a militant Papuan independence movement since...

18 June 2015

Turkish President Erdoğan Faces Uncertain Future

Turkish President Recep Tayyip ErdoÄŸan received a rapturous reception in his early days in power, but a series of political errors has sullied his public image and undermined his power. Since his Justice and Development Party (AKP) attained power in...

17 June 2015

The Experimental Economy of China

China’s economy has always played a very unique role in challenging the global markets. China’s approach to establish two of its own banks, namely BRICS led National Development Bank and Asian Infrastructure Investment Bank (better known as AIIB) has made...

15 June 2015

The EU “AG” (After Greece)

Critics of the Greek government repeatedly claim that its radicalism prevents a resolution to the crisis.  Yet the EC has indicated that the difference between the creditors’ proposal and Syriza's plans amounts to 2 bln euro a year in government...