A week of international diplomacy, designed to diffuse tensions over Russia's aggression towards Ukraine, has come to an end, although so far, with little to show for it. Russia has described talks as hitting a dead end, and threatened unspecified co...

With talks scheduled this week between Russia and the US and Russia and NATO, we review what Russia wants, its strengths and points of leverage, and its vulnerabilities. Russia wants a thicker security buffer to the west, southwest and south. But the...

Unrest in Kazakhstan more likely results in the completion of the succession to former President Nursultan Nazarbayev rather than a revolution, built on long-standing popular discontent, which upends the authoritarian system. Nazarbayev retaining the...

We highlight eight trades/assets to watch that could make for interesting opportunities next year, or situations to avoid: Angola, Argentina, El Salvador, Ethiopia, Ghana, Sri Lanka, Ukraine and Zambia. A short programme extension, or approval of a n...

We published our end-of-year trilogy last week (2021 review, 2022 Outlook and top picks for next year). Argentina and Ukraine – We were right to be cautious on both of these, with a Hold on both coming into this year. Egypt – One of our Top 5 picks h...

We present our top picks for 2022. In addition, financing needs looks manageable, but recourse to the IMF remains an option if conditions dictate. We retained our Sell recommendation on 1 December with a target price of US$55 for the SRILAN 6.85 03/1...