Azar Jammine: Making sense of Rand’s whipsaw – why it is set to drift lower
A combination of factors points to the most probable outcome for the Rand being a gradual depreciation over time, albeit with short-term volatility, says Azar Jammine.
A combination of factors points to the most probable outcome for the Rand being a gradual depreciation over time, albeit with short-term volatility, says Azar Jammine.
John Kane-Berman’s is the most cogent, most insightful, most measured assessment Alec’s read on Brexit. And being based in London, there have been plenty to choose from.
Investec’s Brian Kantor assesses the global debt crisis and how the stimulus provided is a deflationary, rather than inflationary environment.
South Africa was recently downgraded by Fitch to BBB-, one notch above the dreaded junk. Rosamund Hutt talks all things credit ratings and tells us what they actually mean for a country.
British Finance Minister George Osborne is to seek to block any move by the European Union to include British money in a new bailout programme for Greece.
The Greek Economic Tragedy that has been building for months finally comes to a head today with the country increasingly unlikely to be able to meet the scheduled repayment of $1.7bn.
A timeline of the Greek debt compared against GDP from the day the country entered the Eurozone in 2001.
Along with the pressure accumulating from the IMF, Tsipras is facing the first signs of domestic discontent with his government.
Eurozone business activity hit a near four-year high in March as the 19-country currency area’s modest economic activity continued despite concerns over the Greek debt crisis.
It’s not quite Quantitative Easing, but Europe’s surprise interest rate cut today is not far from it. Spontaneous comments made at the recent Jackson Hole meeting suggested ECB chief Mario Draghi was ready to implement the kind of asset buying programme that has pulled the US out of its funk. But fear of high inflation … Read more