02/12/16

Off cover for medium- to long-term political risk

Event The political crisis in the Democratic Republic of Congo has been building up for some time. After trying to […]

Short-term economic growth sharply affected by cash shortage

Event The fight against black money, tax evasion and corruption led the Modi government to ban the two largest bank […]

Turkish lira under pressure

Event The election of Donald Trump was followed by capital outflows from emerging markets. As a result, various EM currencies, […]

Igor Dodon won second round of presidential election

Event In the first direct presidential election since 1996, Igor Dodon – a leftist pro-Russian – won the second round […]

Tumultuous political period ahead after parliamentary elections

Event Last month’s elections, the 7th since 2006, were held after the parliament of one of the world’s wealthiest countries […]

Banking sector is struggling

Event Several banks in Nigeria are facing growing financial difficulties (for example Heritage Bank and First Bank of Nigeria). As […]

Between a rock and a hard place

Since President al-Sisi took office 2 years ago the country has enjoyed a more secure political order, although this has not translated into improved economic fundamentals.

Country risk modifications – November 2016

In the framework of its regular review of short-term political risk classifications, Credendo Group has upgraded fourteen countries (Algeria, Armenia, […]

Upgrade from 3 to 2

Plummeting oil prices since 2014 have resulted in sharply deteriorating economic fundamentals in Algeria and inspired a downgrade of the […]

Upgrade from 4 to 3

Armenia’s liquidity has further improved. Short-term debt represents slightly more than 20% of current account receipts and foreign exchange reserves […]