EMerging Equity
Contagion
Grexit: Remaining In The Eurozone Is No Longer ‘The Base Case’ For Greece
By Michael Snyder According to the Wall Street Journal, Greece staying in the eurozone is no longer “the base case” for European officials, and one even told the Journal that “literally nothing has been achieved” in negotiations with the new Greek government since the Greek election almost three months ago. In other words, you can … Continue reading
Moody’s Says Russia’s GDP To Fall By 5.5% In 2015
Moody’s Investors Service, the international ratings agency, says that it expects Russia’s gross domestic product (GDP) to fall 5.5 percent in 2015, the ratings agency said in a statement on Thursday. The statement by Moody’s was featured in the agency’s downgrade of Armenia’s credit rating, whose government bond rating was cut to Ba3 from Ba2 in addition to the nation’s outlook being … Continue reading
IMF Reduced Its Growth Projections for West Africa Due to Ebola Outbreak
The 2014 outbreak in West Africa is definitely the largest and most complex Ebola outbreak since the discovery of the virus in 1976. There have been more cases and deaths in this outbreak than all others combined. Ebola, also known as Ebola hemorrhagic fever or Ebola viral disease, is a rare and deadly illness caused by … Continue reading
