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With two weeks remaining of 2016, there is little doubt that the events of this year are likely to resonate well into the future. Depending on your point of view, 2016 was either the year when dangerous and retrograde attitudes triumphed or when complacent establishment elites finally got their comeuppance. Wherever you stand, we can all probably agree that the world feels a lot more at odds with itself than for some time.
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You may remember that I provided some less than serious predictions for the first half of 2017 in my last newsletter. You can see the full list of forecasts here and perhaps weigh in with some of your own. Here are the predictions for July to December:
July 2017 At the G20 summit in Hamburg, a diplomatic incident is narrowly avoided after President Trump is overheard offering to sell Alaska back to the Russians in return for planning permission for his Kremlin Casino and Spa.
August 2017 Dismayed at how things are turning out in the country he used to lead, ex-President Barack Obama insists that he was born in Kenya after all.
September 2017 China and India announce the formation of the 'AU', an economic community of Asian countries aimed at promoting free trade and movement of people. Scotland, the City of London and Mexico apply for membership.
October 2017 To mark the centenary of the Russian Revolution, parliament declares Russia a monarchy and appoints Putin as Tsar.
November 2017 Donald Trump’s tax returns are finally released and reveal him to be forty times richer than previously thought. Asked why he had not released them sooner, President Trump insists it was because it is vulgar to talk about money.
December 2017 A month after Kanye West wins the Booker Prize and four months since Aleksandr Solzhenitsyn posthumously won a Golden Globe, it is announced that an actual writer would win this year’s Nobel Prize for Literature. Donald Trump is awarded the coveted prize for The Art of the Deal.
This will be the final EMIS weekly newsletter of 2016 so I would like to wish all of you a peaceful and happy holiday season and here’s to an eventful 2017!
Guy Dunn
P.S. Here are some festive articles I came across on the EMIS platform last week.
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PAKISTAN LAUNCHES CHRISTMAS TRAIN The Pakistan government has announced the launch of a special train in order to facilitate movement of the Christian community across the country on the eve of Christmas.
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The infographic details the top emerging markets M&A deals in November 2016, ranked by deal value.
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Below are the most read articles in the past week on EMIS Perspectives, our daily blog of emerging market news and insights.
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DIGITAL TV AWARENESS IN THAILAND NOW AT 77% Obtainment Co, the company hired by the National Broadcasting and Telecommunications Commission (NBTC) to promote digital TV awareness via various media channels, reports good news in its campaign.
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M&A RUSH IN BRAZIL Brazilian individuals who plan to make deals of mergers and acquisitions are in hurry to complete them by the end of the year to avoid payment of higher taxes on capital gains, Valor Economico International reported.
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IRANAIR TO WRAP UP AIRBUS DEAL IN TWO WEEKS Iran's flag carrier IranAir expects to wrap up a deal to buy aircraft with French manufacturer Airbus in two weeks, according to media reports citing IranAir Chief Executive Farhad Parvaresh as saying on Tuesday.
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SHARES OF ADB START TRADING ON THE GHANA BOURSE The shares of the Agricultural Development Bank (ADB) started trading on Tuesday on the Ghana Stock Exchange (GSE) following an initial public offering (IPO) in which the bank raised GHc325.7 million.
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NIGERIA’S OCT FX REVENUE DOWN 32% TO $957.3MN Nigeria’s foreign exchange revenue declined by almost 32% month-on-month to $957.3 million in October due to attacks by militants on the country’s oil infrastructure, Petroleum Bazaar – PetroMag reported.
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