As outlined last week, emerging markets’ contribution to corporate revenue and margin in 2015 will be neither as stable or as pervasive as many executives have taken for granted. Persistent and pervasive global economic changes prompted by falling energy prices,…
Unstable and less profitable growth from emerging markets in 2015
Emerging markets are growing faster than developed markets, but looking to 2015 and beyond, the growth differential between the two groups of countries is the smallest it has been since the turn of the century. Emerging markets’ contribution to corporate revenue…
Is the euro really depreciating?
Eurozone news has been dominated by two stories in 2015: Greece’s debt crisis, and the euro’s “tumble” on foreign exchange markets. Greece is undoubtedly facing a debt crisis, but is the euro truly depreciating? The currency has certainly weakened against the…
Three scenarios to plan for as Greece heads to the polls
Uncertainty in Europe is back with a vengeance, and the culprit is one we all know too well. Greece, who has undergone massive austerity reforms in order to maintain its bailout program with international lenders, holds elections on Sunday. Opposition…
ECB: 1, Business in Europe: 0
Yesterday, the European Central Bank (ECB) announced its much-anticipated quantitative easing program. Business in Europe has anticipated this decision since ECB President Mario Draghi promised to do “whatever it takes” to keep the euro intact in 2012. However, FSG is…
Bond Losses & EM Crisis: How MNCs Can Win
When the Russian central bank raised interest rates by 6.5% to a dramatic 17.0% in the early hours of Tuesday morning, the price of its Russian bonds plummeted. There were a few winners and many losers in the volatility that…
Trouble in Greece Never Left
The Greek government has made several economic and political gambles in 2014 that are now putting the country back on MNCs’ map of concerns. Financial markets have already reacted to news of an impending presidential election, with the Athens Stock…