1. Emerging markets’ impending risks: private sector debt and dollar liabilities


    The Great Recession held a silver lining for EM where cheap dollar loans financed investments. Unfortunately, that silver lining could actually be clouds gathering for the next storm. As the global economy enters a new period of uncertainty and as the Fed is expected to slowly raise interest rates, dollar liabilities of struggling EM corporations may hint at bigger troubles to come.


Prometeia Brief


After five quarters of recovery, GDP will expand also in 2016q2, although at a slower pace 
Italy is not particularly exposed to the UK (see first InFocus), still we have revised GDP growth in 2016 and 2017... 

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