Brazil’s devilish future?

Brazil’s devilish future?

By ROB DWYER

The political opponents of former president Lula look to have ruled him out of the next election, but this risks an even more volatile outcome.

Macaskill on markets: Hovnanian highlights Blackstone’s risky business

Macaskill on markets: Hovnanian highlights Blackstone’s risky business

By JON MACASKILL

Blackstone-owned GSO Capital’s provision of financing for building firm Hovnanian, on condition that it defaults on debt in order to trigger a payout on default swaps, highlights the reputational risks for investors as they supplant banks in setting the agenda for the credit markets.

EM fund management: So long, Mark Mobius

EM fund management: So long, Mark Mobius

Mark Mobius, the white-suited, shaven-headed, Bond villain-named investor who is surely the most famous emerging-markets funds manager alive, is retiring after 30 years of travelling the world on behalf of Franklin Templeton Investments.

Colombia needs to win the peace

Colombia needs to win the peace

Colombia will elect a new president in the first half of next year and, if the urgency to address the country’s financial position wasn’t already clear enough, the country’s December downgrade by Standard & Poor’s to one notch above junk throws the need for fiscal reform into sharp relief.

Special focus

Iran sanctions: special focus

Iran sanctions: special focus

Euromoney investigates how the relaxation of western sanctions on Iran – dubbed the world’s most lucrative closed economy – will jump-start trade and capital flows from Europe to the Gulf, and plots a vision for the country's banking system and economic transformation, more generally.

SME financing: special focus

SME financing: special focus

The vexed battle to finance small and medium-sized enterprises (SMEs) continues amid risk aversion, economic weakness, new regulations and banks’ balance-sheet repair.

Donald Trump: special focus

Donald Trump: special focus

What has the first year of Trump's presidency meant for banking and financial markets? Unsurprisingly, things haven't gone as expected.