beyondbrics
As the an editor / writer on the FT’s emerging markets desk aka beyondbrics, I feel it’s only right to share a little of what we are up to. The stories below are from my author RSS feed, but you can see the whole site here.
If you are interested, my old desk, Interactive, is still producing wonderful stuff over here.
- With South Africa’s sluggish growth prospects confirmed in Wednesday’s budget, you would think investors would be happy with an acquisition-hungry company delivering revenues up 22 per cent. Imperial Holdings, South Africa’s largest car dealership and logistics company, completed seven acquisitions … - Your typical Nigerian consumer, whoever he or she may be, is not having a good time of it. Fresh from the depressing news that those living in absolute poverty is rising, there is a “double whammy” of price rises to … - The inexorable rise of the Brics – in terms of growth, at least – hasn’t made them any safer from destabilising risks. In fact, they are just as exposed to global risks as they were before the 2008 financial crisis. … - Chinese imports fell sharply in January while exports fell slightly but by much less than expected. This doesn’t fit with conventional wisdom. Any slowdown in the west, especially in Europe, should hit Chinese exports. And the booming Chinese economy and … - The African Union summit last month sounded the rallying call for intra-African trade as the key driver for economic growth on the continent, and called for the creation of a free-trade area. Now this week the World Bank has released … - Meanwhile, on the other side of the world… as the Bakrie group and Nat Rothschild fight over the future of coal-miner Bumi, the Indonesian congolmerate has snapped up the remaining 30 per cent it didn’t own in Australian football champions, … - There was another sobering report from the IMF on Monday, hot on the heels of some gloomy stuff from the World Bank and the Fund itself. Monday’s warning: fallout from the eurozone crisis could knock as much as four percentage … - One of the big stories of the week was Facebook filing for a $5bn initial public offering, which values the social network at $80bn and will make various founders and investors very rich. But given that the value of the … - Talking up your home market might seem like an obvious trap for analysts to fall into – but not, apparently, if you are Turkish. Is this because Turks are natural bears – or is there something about the economy that … - South Africa has been at the forefront of the EM currencies rally. The rand has appreciated by nearly 5 per cent against the dollar since from its low in December – and had a very big day on Wednesday, strengthening …
