Articles

We remain sceptical of Nigeria's ability to stimulate domestic gas consumption growth over the short term, given the lack of investment in gas power capacity and the supporting infrastructure. The ambitious targets in the new National Gas Policy will not be met but greater transparency in the domestic market is an important step to encouraging much

While Latin America has benefited from stronger global growth, notable downside risks persist.

"Latin American economies remain vulnerable to a sharp deceleration in the Chinese economy and its knock-on effects in commodity prices," said Rui J. Pereira, Regional Credit Officer for the Americas. "Other primary risks include increased U.S. trade

While Latin America has benefited from stronger global growth, notable downside risks persist.

"Latin American economies remain vulnerable to a sharp deceleration in the Chinese economy and its knock-on effects in commodity prices," said Rui J. Pereira, Regional Credit Officer for the Americas. "Other primary risks include increased U.S. trade

Policymakers continue to face a multitude of challenges across the world's largest economies. We highlight several key themes in the fiscal and monetary policy spheres.

• In several developed markets, a shift away from fiscal austerity is tangible, as the limits of monetary stimulus are tested and governments face 'austerity fatigue'.

2016/2017 cocoa output in Cote d'Ivoire is still on track to surpass the record harvest recorded in 2015, despite heavy rain in recent weeks. Production has peaked and we forecast production to decline in 2017/18, but Ivorian producers will continue to contribute to global oversupply this year and next, so the recovery in prices out to 2021 will be

While positive results in Novartis' Alcon and growing sales of new products Cosentyx and Entresto will boost investor confidence in the Swiss drugmaker, generic competition to Novartis' blockbuster Gleevec and pricing pressures on generic medicines in the US will continue to hurt company revenues in 2017. The impact of generic competition on sales

BMI View : The robust speed of growth in income levels in Cambodia will not be enough to push consumers into the new car market as high prices on these vehicles remain a significant barrier. We therefore expect Cambodians to continue to depend on the used car market as an entry point towards vehicle ownership.

We believe that a rise in income

CCCC is one of the most diversified construction firms in China allowing it to capitalise not only on growth in the road, rail and water sectors which we expect to outperform domestically as the wider industry slows, but also enabling it to tap fast-growing international markets in Asia and Africa.

Geographic and sector diversification will

Qubit will be moderately successful in its expansion across Latin America. Its range of locally-relevant content and low cost will be the main factors for success in competing with traditional pay-TV offers, whose services are much more expensive for the consumer.

Qubit, an Argentine video-on-demand (VOD) service, is planning to expand to the rest

Walmart faces ongoing challenges in its international operations. We review the company's shifting strategy in China, the ongoing risks in Latin America and the potential for Walmart to expand in Sub-Saharan Africa.

Walmart's international operations accounted for 24.1% of sales and reached USD116.1bn in FY2016. Walmart has seen this percentage