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Coface Upgrades US, Downgrades Brazil and Thailand

24 October 2013 | General

International credit insurer Coface says growth and business leader confidence is returning to the United States.

RSA 2013 Christmas sales outlook

17 October 2013 | General

The nominal growth in December 2012 retail sales of 6.1% (1.5% real) was by far the worst performance since 2009 and significantly below our expectations. This below-par year-end result was in stark contrast in the strong mid-2012 performance. Against this backdrop, and taking into account the assault on household finances, the current modest mid-year performance may well be expected to presage a disappointing year-end outcome.

The makings of a winning nation

17 October 2013 | General

At the recent annual meeting of the International Monetary Fund (IMF) and World Bank, economists from around the globe expressed concern about South Africa’s unstable economy, saying we can expect more economic turmoil next year.

The great US debt stand-off: Why we predict a timely resolution

15 October 2013 | General

An impasse between the US Senate and Congress on raising the debt ceiling could potentially be catastrophic: credit markets could freeze, the value of the dollar could plummet, US interest rates could skyrocket, and the negative spill-overs could reverberate around the world. This could precipitate a financial crisis and recession more severe than the Great Depression. As one Wall Street analyst has said, it would be like “preparing for a large asteroid impact”.

quick poll

Question

If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?

Answer

2026, as promised 2027 looks more likely Impossible to say More consultation needed

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