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Despite the geopolitical tensions, the Russian government is making payments on its sovereign debt and Western governments are allowing circuitous transfers to get those funds to the debt holders.
Among the countries "named and shamed" as alleged tax havens, UAE's inclusion created the most buzz in EU discussions prior to release of the list.
End of ECB stimulus and worsening economic climate are expected to continue pushing borrowing costs higher in the EU in 2019.
Spike in issuance in developing world largely due to effort to beat Fed rate hike.
Analysts recommend being 'underweight' in emerging-market holdings.
Analysts expect 'serious monetary shock' from Russian efforts to stabilize currency by raising interest rates.
Nation's woes continue to worsen with ongoing sanctions and falling oil prices; banks facing "some panic."