EconoGraphics

Ukraine's economic stability is uncertain as the conflict with Russia endures. Alongside the negative impacts to growth, exports, and investment, the level of Ukraine's debts are especially worrisome. Last month, the rating agency Standard & Poor's placed Ukraine's debts at "CC", one level above "C"—the grade that is typically used to indicate the process of bankruptcy. S&P wrote that there was "a virtual certainty of a restructuring or exchange offer in the near term", making it relevant who those creditors are. As the Ukraine edges closer to repayment while speaking with its creditors, the country's Parliament passed a law to halt payments on some debt.

20150526 Econographics

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Who is purchasing European companies? Looking at the five biggest foreign acquisitions of European corporates since 2011 shows that the US are the biggest buyers by a considerable margin, with the China, Hong Kong, Brazil, and Japan following behind.

20150520 econographic

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Sovereign default is considered to be a rare event. But as the lessons of the past two decades show, they are far from extraordinary. According to the IMF, the main sovereign debt restructurings from the period spanning 1998 – 2010 totaled $117.6 billion.

20150511 Infographic

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E-Commerce still largely within national borders

econographics-05042015

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International Relations scholars disagree about whether economic sanctions are an effective tool to coerce countries to follow a certain course of action.

20150428 Econograhic

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In March, the UK, Germany, Italy, and France decided to join the China-led Asian Infrastructure Investment Bank (AIIB), shocking the Obama administration.

EG IMF Reform Final

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While the US still leads the world in outflowing Foreign Direct Investment (FDI), the emerging markets are catching up quickly. Chinese outflowing FDI, in particular has grown tremendously: since 2005, it increased more than 30-fold in 8 years from $5 billion to $166 billion. While initial Chinese foreign investments focused on natural resource industries, over time the investments have spread to diverse industries like agriculture, manufacturing, and professional services. BRIC FDIs are emerging as key growth drivers for low income countries, improving their business environment, building infrastructure, creating jobs, and adding much-needed revenue to government coffers.

20150413 econographics

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Private banks throughout Europe have significantly reduced their exposure to Greek debt (bank, public, and non-bank private sector debt) over the last five years. After Greece came under market pressure and eventually obtained ECB and IMF financial assistance in 2010, most European banks started to rapidly reduce their exposure to Greece. For instance, between 2010 and 2014 French banks' holdings decreased from $63 billion to $2 billion.

20150407 Bank Exposure Greek Debt

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The International Monetary Fund's purpose and scope of work have changed since its founding after World War II. Whereas at first the Fund aimed to maintain monetary and exchange-rate stability among its members who were primarily advanced economies, today it faces its first credible challenge to its status as the world's lender of last resort.

20150331 econosource

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When President Obama announced his landmark policy shift towards Cuba, easing the 54-year-old embargo, one of the first companies to announce they would begin operating in Cuba was Netflix. The online video company's decision was surprising, if only because Cuba's internet is one of the slowest in the world.

20150324 econographic

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