LLocated in different regions around the globe, our research teams are constantly keeping an eye on headlines impacting emerging markets. Here are a few articles with commentary in this week’s emerging market view:
Argentina y Brasil liberarían comercio de autos por falta de acuerdo: fuente - Reuters Latin America
“Argentina and Brazil failed to reach an agreement a 2008 agreement on auto and auto parts trade. The agreement’s expiration will theoretically liberalize the trade further, a situation that is unlikely in reality. This dispute is another example of how trade relations between the countries have worsened and how the Mercosur trade bloc has become less and less useful for integrating supply chains.”
-Clinton Carter, Director of Research and Product Development for Latin America
Bad loans rise sharply in Shanghai bank sector - South China Morning Post
“Bad debt ratio shoots up in Shanghai, indicating deterioration of economic outlook in the Yangtze River Delta area. Companies need to tighten its credit management policy to minimize payment defaults and delays.”
-Shijie Chen, Practice Leader for Asia Pacific Research
Progress report: European Union’s move to banking union - Financial Times
“This is an excellent summary of the issues at stake in today’s make-or-break session of EU finance ministers ahead of Thursday’s EU Summit and before ministers pause for the summer. The banking union has been flagged as a crucial step towards progress in eurozone recovery. Its failure would spell continued sluggish growth.”
- Lauren Goodwin, Senior Analyst for Western Europe
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