Russia PM Plans 5% Spending Cuts as Slow Growth Pressures Budget - The Wall Street Journal
Companies should work with their local teams and partners to understand how the government’s spending cuts could affect specific sectors and projects that they may sell into, as well as any of their local customers.
- Martina Bozadzhieva, Associate Practice Leader for Central and Eastern Europe
Corporates Take Emerging Market Volatility in Stride - CNBC
Recent volatility, particularly in regard to currency, has opened up new nodes of opportunity for multinational companies. The longer-term emerging market opportunity is not going away.
-Sam Osborn, Senior Analyst for Global Analytics
India’s Industrial Output Rebounds - The Wall Street Journal
Rupee recovers (more than any other emerging market currency, since the end of August), Industrial production numbers surprise most economist, and, inflation also remains relatively low. Could the worst be behind for India? Is the government/central-bank feeling like they might be in a position to introduce some measures to revive growth.
- Shishir Sinha, Analyst for Asia Pacific
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