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Aena IPO: Overly Optimistic

While the money raised from the sale of Aena will help cut Spain's budget deficit and allow the company to look to expand its presence internationally, we believe that economic and political risks...

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Russia Eyes The East

Russia's coal sector growth will be boosted by government investment and the weak rouble, the latter of which will increase domestic miner's export competitiveness. We believe Russia will shift its...

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