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21 - 27 May
2016
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From
the CEO OF EMIS
I am in Brazil this week, visiting our Sao Paulo office and our impressive local team there. Before arriving, I hadn’t known quite what to expect with the ongoing political upheaval in the country. What I have found has given me cause for optimism.
Of course there is still huge uncertainty as to how the current situation will play out and there are enormous structural problems to fix but Brazil does not really feel like a country in crisis. |
In fact, certain parts of the Brazilian economy are thriving. The technology sector grew by 20% in 2014/15. Within our own sector, we were able to achieve double-digit growth in the country last year. There is also a sense that a nadir may have been reached politically and that the current turmoil will reach a resolution soon. Many analysts are becoming more bullish about the prospects for commodities, on which Brazil’s economy so depends.
As I have written previously, Brazil has been through this kind of political turbulence before and will likely do so again. The chances are that it will also emerge stronger and wiser as has happened before. Brazil remains “the country of the future” but we should acknowledge the significant opportunities that exist right now.
Guy Dunn
Chief Executive
Officer
Here are a few articles I came across on the EMIS service related Brazil:
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Infographic
of the week
The below infographic details the top 10 insurers in emerging Europe in terms of total operating revenue, taken from the EMIS platform.
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EMIS
Insights and reports
Here
are two of our own exclusive industry insights from EMIS' team of
highly experienced, locally-based analysts. EMIS Insights deliver the
most relevant industry news, data and research from over 25 sectors in
21 countries.
MALAYSIA PLANTATIONS: EXIT EL NINO
The El Nino year in 2015, which is expected to continue into 2016, presented a challenge to plantation companies as they saw yields decline due to the unfavourable weather conditions.
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HUNGARY BANKING SECTOR: OUT OF SORTS
The main factors contributing to weak credit demand and supply in Hungary have been high foreign currency indebtedness in the private sector, a drop in credit portfolio quality, and low bank profitability.
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Weekly
News summary
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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