Emerging Markets Enter the Perfect Storm
For much of the past year, investors had begun to believe that emerging markets were finally emerging from the shadows of the post-pandemic monetary cycle....
Category: Emerging Markets
The Middle East’s Great Reordering: War, Energy and the Nuclear Race
The Middle East is no longer experiencing a series of disconnected crises. What initially appeared to be a military confrontation between the United States and...
The New Middle East
The latest twist in Washington’s strategy towards Iran perfectly illustrates the strategic confusion that now surrounds the Middle East. Only twenty-four hours after announcing a...
The Next Inflation Shock May Come from Farms, Not Oil
Financial markets have become obsessed with oil. Every escalation in the Middle East immediately triggers the same sequence: crude prices rise, inflation expectations rise, bond...
China’s AI Export Machine
For years, investors have debated whether China could escape the structural slowdown of its domestic economy. The latest trade data suggest that, for now, it...
When Markets Lose Trust
Emerging markets have always been associated with higher volatility. Investors accept political uncertainty, weaker institutions and more pronounced economic cycles in exchange for stronger long-term...
Turkey’s Market Status Is Becoming a Strategic Risk
For years, Turkey has occupied a unique position within emerging markets. It combined the dynamism of a large economy with deep and liquid capital markets,...
The AI Bubble Meets Reality
For nearly two years, investors have treated artificial intelligence as a one-way trade. Every announcement of a new data centre, every increase in computing capacity...
The Rupee Crisis Forces India Into Financial Survival Mode
After weeks spent defending the rupee through interventions, import restrictions and emergency measures, New Delhi has finally acknowledged an uncomfortable reality: domestic tools alone are...