Amid many worldwide headlines, our analysts made note of the following articles impacting business in emerging markets:
Outlook for China’s Economy Just Keeps Getting Worse - CNBC
“Macroeconomic outlook in China continues to worsen. Though most economists still predict a gradual slowdown rather than a sudden deceleration, companies need to be prepared for a worse-than-expected 2013.”
-Shijie Chen, Practice Leader for Asia Pacific Research
Brazil oil licenses raise record R$2.8bn - Financial Times
“Some good news for Brazil’s long term outlook; long awaited oil license auctions went smoothly and raised $1.4bn USD. The auctions are necessary for opening vast oil fields for exploration and exploitation. The development of these fields could provide a major boost to Brazil’s long term economic outlook.”
-Clinton Carter, Director of Research and Product Development for Latin America
UAE benefits from influx of capital from emerging markets - The Economic Times
“Political stability in the UAE amid regional instability has led to increasing proportions of capital inflows compared with the rest of the MENA region.”
-Sam Osborn, Senior Analyst for Global Analytics
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