Country Risk Update March 2015

March 2015

The diverging growth patterns among the global economies are intensifying as US and UK growth remain on an upward trend, if lower than potential. However, demand weakness in Japan, China and the euro zone is acting as a dampener on other economies, in particular the commodity-exporting countries. As a result central banks appear to be becoming more active. With the US Federal Reserve again signalling its determination to raise interest rates this year and the UK also favouring raising interest rates, many other central banks are cutting rates; there have already been 22 cuts in 2015 as against 11 rises, of which seven have been related to the collapse of the Russia rouble as regional countries attempt to defend their currencies.

Adding to the level of uncertainty in the global markets are weakening commodity prices, albeit the oil price appears to have stabilised in February, which is exacerbating the deflationary trend in the euro zone. Political and security factors relating to Russia, the Middle East and the future of Greece in the EU, further undermine the outlook.

This complimentary newsletter from D&B’s Country Insight Services group has been put together by their team of experts using the most up-to-date information to provide a snapshot of the latest macro market risk situation, and provides an excellent overview for those exposed to cross-border credit or investment risks.

This complimentary newsletter from D&B’s Country Insight Services group has been put together by their team of experts using the most up-to-date information to provide a snapshot of the latest macro market risk situation, and provides an excellent overview for those exposed to cross-border credit or investment risks.

WORLD SNAPSHOT

 

AFRICA

Angola: D&B downgrades Angola’s country risk rating as the government is forced to slash spending plans.
Gabon: D&B downgrades Gabon’s country risk rating as the low oil price affects planned expenditure.

 

MIDDLE EAST

Bahrain: Government repression of peaceful dissent intensifies.
Iran: The chances of an agreement on the nuclear negotiations appears to be receding.

 

WESTERN EUROPE

Belgium: Construction drives stronger economic growth than expected.
United Kingdom: The economy gains momentum amid a positive broad-based upturn.

 

EASTERN EUROPE

Czech Republic: A rise in popularity of a junior coalition party destabilises the government.
Russian Federation: Growth decelerates but manufacturing performance exceeds expectations.

 

ASIA PACIFIC

China: An ambitious growth target will necessitate stimulus measures.
Indonesia: The central bank surprises markets with an interest rate cut.

 

AMERICAS

Argentina: Expropriation risks highlighted as three commuter railway lines are nationalised.
Chile: Espionage allegations made against Chile raise tensions with Peru. 

D&B Country Insight Services

D&B’s Country RiskLine reports above are written by a team of highly skilled analysts in D&B’s Country Insight Services team using exclusive data from its global network of reporting offices as well as primary and secondary data from national and international sources.

These snapshot reports provide a succinct assessment of the risk of doing business in a country, given its economic, political and commercial situation.

Updated monthly, the data and analysis are presented in a standard format  which helps you monitor and evaluate the business trading conditions in a foreign country and facilitates the management of ongoing business risk around the globe.

To find out more information click here.

NEW: D&B Country Insight Snapshots

The Country RiskLine reports that used to form part of this monthly update have been replaced with a new monitoring report product – D&B Country Insight Snapshots.

Canada

The low global oil price hits investment in the hydrocarbon industry. Report

Philippines

The economy expands at a rate amongst the world’s fastest. Report

Switzerland

D&B downgrades Switzerland’s country risk rating following the sharp local currency appreciation. Report

veröffentlicht am: 13. März 2015