Greek Government 10-yr bonds yield over 7%

Greek Governmnet bond yields spike through 7%.

Ukraine high interest deposits too risky?

Jan 18,2010 - Ukraine banks offer around 13% p.a. for USD deposits.

But is Ukraine Headed for National Bankruptcy?

Thai Interest rates to tighten with rebound

Interest rates will have to be raised as the Thai economy continues to improve, says deputy-governor of the Bank of Thailand.

The central bank's Monetary Policy Committee on Wednesday maintained its one-day policy rate unchanged at 1.25% for the sixth straight session, citing the need to continue to support the economic recovery as investment remained muted.

But rising inflationary pressures would eventually force regulators to tighten policy rates. The government currently projects economic growth of 3.5% this year, up from an estimated contraction of 2.8% in 2009.

South African rand as a carry trade may be risky

Jan 15, 2010 - Rand Extends Weekly Slide as Analysts Bet Currency ‘Overvalued’.

Investors bet the currency will fail to extend last year’s 28 percent rally in 2010 as the unit’s strength erodes the competitiveness of South African exports.

Ghana to cut interest rates from 18% p.a.

Jan 14, 20110 - Ghana May See More Interest-Rate Cuts, Bank Governor Says.

While other countries cut their lending rates to foster growth during the global economic crisis, rising inflation prompted the Bank of Ghana to hold or increase its prime rate. In November it was finally cut by half a percentage point to 18 percent for the first time in almost three years.

The world’s second-biggest cocoa producer is targeting growth of 6.5 percent of gross domestic product in 2010, accelerating from 2009’s estimate of 5.9 percent, the finance ministry said in its budget statement released in November.

Brazil Stocks up 260% in 10 years

Brazil, one of the most successful BRIC nations. Anyone would wish that they'd invested into the BOVESPA 10 years ago, which as risen from 19,000 to 70,000 an increase of 264%




Now regard the 10-year IBA Certificate of Deposit which guarantees a 250% increase in 10 years, without the volatility of stocks.

Use This Flowchart To Figure Out Whether Your Emerging Market Will Experience A Sovereign Debt Crisis in 2010

Sovereign debt crises 2010, an RBS sapling

Interested in risky emerging markets, but spooked out about the sovereign credit meltdown that everyone's talking about?

RBS (via Alphaville) has produced an flowchart to determine, using various national criteria, whether a given country is at risk of a meltdown.

Basically, it starts at the top and divides countries into two camps -- those with external debt above and below 50% debt to GDP. Then it looks at other criteria, such as the inflation rate and the volume of external reserves.

Keep going down the flowchart, and you can see where each country is.


Note that Azerbaijan is not mentioned as a possible problem at all.

Click to read full FT article.

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