Stormy times for emerging markets

Android-powered smartphones extended their lead in the global marketplace in the third quarter, helped by growth in emerging markets, a survey showed earlier this week.

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Emerging markets were facing headwinds going into 2014, but January’s rout surprised even the gloomiest of investors, with big declines in stocks, bonds, and currencies.

Just as they were getting their swagger back, the global elite stumbled last week on an emerging market sell-off that served as a reminder of the risks the global economy still faces.

Multinational companies are becoming more picky about emerging market investments as slowing growth in upstart economies and a recovery in the West takes the shine off a previous sure-fire strategic bet.

DR. LAWRENCE SPINELLI Dr. Spinelli is the Director of Outreach and Public Affairs at the Overseas Private Investment Corporation (OPIC) which is the U.S. government’s development finance institution.  Akiongea mbele ya wahudhuriaji wakati wa Keytone Lucheon kwenye mkutano huo. 

  Wa kwanza kutoka kushoto ni Moderator wa Mkutano Ms. Paula Murphy, wa pili ni Panel Spekers Mr. James Paul,  U.S. Department of Commerce U.S. Commercial Service, Director, Boston Office. wa tatu ni John Joyce, U.S...

The stage appears set for a stormy meeting of the Constituent Assembly (CA), judging from yesterday’s chaotic briefing session chaired by the Clerk of the National Assembly.

An adage goes thus; it’s only the wearer of the shoe (did I say a shoe or skirt?) who knows where it pinches. I believe you understand what I’m saying. 

Currencies in Asia have especially suffered from speculation that the US Federal Reserve will soon lift interest rates