Tag: Covid-19
The English Summer…We Await
Prime Minister Boris Johnson delayed plans to lift the remaining covid-19 restrictions by a month last week with the infectious delta variant rapidly spreading throughout the country. Now, the full reopening of pubs and restaurants among other places will have to wait AGAIN. The British (and the rest of the world) are stuck speculating on whether and when London and the country will return to some sense of normalcy. Today, absent packed streets and offices both with locals and non-locals, the UK’s exit from the EU somehow feels like a permanent exit from the world’s ecosystem (at least for now)…
The Return of Lula, Brazil’s Economic Volatility, and Opportunistic Investment
Brazil is full of opportunities…if you ignore the populist rhetoric that will accompany the October 2022 elections.
The Summer Of The Vaccine
If governments cannot avoid stoking further worry and sidestep validating conspiracy theories while also showing empathy and concern for its citizens, then vaccine rollout, which clearly is an issue of both an individual’s perspective on the vaccine’s necessity and its safety, will remain in doubt and the economic fall-out will accordingly be palpable in some parts of Europe…
Higher Oil Prices Come At The Right Time for the Middle East…
Oil recently touched above $70 and continues to hover above $60 today. The uptick is a welcome breath of fresh air into the Middle East (financial) ecosystem. The new cash inflow is and will continue to allow the regional states to underwrite new financing in their banking sectors and evade the 2009-esque fallout as banks today effectively bridge finance regional corporates to 2022 (…or potentially 2023)…
Coronavirus is Opportunity (for Investors) in Latin America
Latin America remains significantly impacted by the pandemic with three of its largest economies—Brazil, Mexico, and Argentina—among the world’s biggest covid-19 hotspots. And, as these country’s leaders struggle to stave off economic and health catastrophe one after another, (distressed) investors will find additional opportunity to allocate capital…
Covid-19 Is A Distraction From Deeper Economic Problems
Covid-19 is the introduction and closing to many personal and business conversations these days. It is also the starting point for most economic discussions across the globe. Discussions on the African continent are no different. But, in the context of sub-Saharan Africa (SSA), the Covid-19 pandemic may be a distraction from the realities of deeper economic problems…
Hopefully Stating the Obvious…Chile Is Not A Nordic Country
As the assembly to write a new Chilean constitution is elected and Chileans ponder the new social contract for the country, many in the socialist camp should be more honest with their followers: Chile cannot be a Latin American version of a Nordic country, but it can be a better version of itself…
France, State Guaranteed Loans, (and Grants): Deferring the Bigger Problem
France’s discussion on the transformation of state loans to grants signifies a greater problem for European economies. Many governments underwrote their economies with increased liquidity either through loans or deferment of debt. But the wall of insolvency cannot be avoided…
Lebanon’s Search For A Solution in 2021
Lebanon has long swept its challenges under the rug and celebrated its successes. But the explosion back on August 4th in the port area of Beirut—the capital of Lebanon—, in a figurative and physical sense, unveiled a tomb of hidden treasures and misfortunes of years past. Yet the tragedy of the blast was it not only took so many lives, but its revelations of treasures and misfortunes were not exactly new…