From the CEO – July 2018

Dear Clients, The release of second quarter American GDP growth was one of the more significant market and economic events as PRS wrapped up its monthly data, ratings and forecasts. As our data are showing, the growth figure has some not entirely inconsequential implications for emerging market Read Entire Entry

Tunisia – Little Prospect of Progress on Reforms

Long-delayed municipal elections were finally held on May 6, and the results were a disaster for Nidaa Tounes, the party founded by President Beji Caid Essebsi, which won the 2014 parliamentary elections, but subsequently suffered a split that left it with fewer seats than Ennahda, its main Read Entire Entry

Guyana – Opposition Issues Threat

The relationship between President David Granger’s government and the opposition PPP-C continues to be characterized by a high level of tension. A series of oil discoveries announced over the past two years all but ensures that Guyana is on the cusp of a resource-powered economic windfall, the Read Entire Entry

Cameroon – Busy Election Year

Political risk is running high as the country prepares for presidential, legislative, and municipal elections that fall due this year, against a backdrop of separatist agitation in the mostly English-speaking North-West and South-West provinces. As in the case of the security threat posed by Read Entire Entry

Nicaragua – Ortega Miscalculates Badly

Since winning the presidency in 2006, Daniel Ortega has managed to fulfill promises to spend generously on social programs while still displaying the fiscal stability required to win the confidence of investors by maintaining a close relationship with the leftist government in Venezuela, a source Read Entire Entry

Belgium – Majority May Prove Elusive

The center-right governing coalition made up of Prime Minister Charles Michel’s Walloon MR and three Flemish parties are gearing up for local elections in October that will provide an early gauge of the bloc’s chances of maintaining majority status at a general election that is scheduled to be Read Entire Entry

Coming Soon in Our July 2018 Reports

This month’s coverage of the Americas includes a fully revised report on Mexico, where Andrés Manuel López Obrador (AMLO) won a landslide victory in the July 1 presidential election running on an overtly leftist platform.  Much of AMLO’s appeal stemmed from his pledges to root out corruption Read Entire Entry