In its latest World Economic Outlook, the IMF predicts the global economy to experience a 4.4% contraction in 2020 (+0.8ppt vs its June estimates) and a partial rebound to 5.2% growth in 2021 (-0.2ppt). Asia (-1.7% in 2020; +8.0% in 2021) faces a mor...

Brazil's transition to renewable energy was expected to slow down when Jair Bolsonaro became the country's president in October 2018. While the growth in renewable capacity has declined under Bolsonaro, the run-rate (or monthly additions) in the past...

We have previously highlighted the importance of payments infrastructure in accelerating e-commerce in emerging markets and the strong growth that some of these payment infrastructures companies are seeing. In 2020, the company targets solid revenue...

Among the most notable developments over the past month in Brazil we include the strong evidence of a faster-than-expected post-pandemic economic recovery and, on the inflation front, concerns regarding the widening gap between producer and consumer...

This more constructive environment for LATAM FX would be justified as a catch-up to the sharp USD correction seen in recent months, the ongoing uptrend in commodity prices, growing evidence that the Covid-19 spread is subsiding throughout the region...

Near the end of an American Football game when the offensive team is desperate it will attempt a long pass with potentially heroic consequences but, generally low probability of success - the ‘Hail Mary’ play. It is perhaps too cynical an observation...