Posts Tagged ‘Bulgaria’

Daily Overview of Global Markets & the SEE Region (Friday, October 19, 2018)

Daily Overview of Global Markets & the SEE Region (Friday, October 19, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: German government bonds were firmer in early European trade on Friday and the EUR/USD came under renewed pressure amid mounting worries over a possible rise in tensions between the Italian government and the EU Commission. In the first...
October 19th, 2018 | Banking, Chartering, Dry Bulkcarriers, Finance, Markets, Shipfinance, Statistics, Stock Markets, Trade and Commerce | Read More

Daily Overview of Global Markets & the SEE Region (Monday, October 15, 2018)

Daily Overview of Global Markets & the SEE Region (Monday, October 15, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The Christian Social Union (CSU), the sister party of Chancellor Angela Merkel’s Christian Democratic Union (CDU) in Bavaria, suffered big losses in the elections of that state on Sunday 14 October. CSU defeat does not bode well with...
October 15th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, October 11, 2018)

Daily Overview of Global Markets & the SEE Region (Thursday, October 11, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Focus today is on global equity markets’ performance after Wall Street’s sharp losses overnight fueled by a sharp drop in technology stocks, led to a generalised risk-off sentiment. Favoured by equity markets’ sell-off, core government...
October 11th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, October 10, 2018)

Daily Overview of Global Markets & the SEE Region (Wednesday, October 10, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Italian government bonds remained under pressure early yesterday but market sentiment improved somewhat around lunchtime following Economy Minister Giovanni Tria’s pledge that he will do whatever is necessary to restore calm if market...
October 10th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Monday, October 8, 2018)

Daily Overview of Global Markets & the SEE Region (Monday, October 8, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: In a letter sent to the Italian government late on Friday in response to the release of the Update to the Economic and Financial Document 2018 published one day before, the European Commission expressed concern that the budget deficit...
October 8th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, October 3, 2018)

Daily Overview of Global Markets & the SEE Region (Wednesday, October 3, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: According to Italian press reports, following budget talks late yesterday between Prime Minister Guiseppe Conte, the two Deputy Prime Ministers, Luigi Di Maio and Matteo Salvini, and Finance Minister Giovanni Tria, the government might...
October 3rd, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, October 2, 2018)

Daily Overview of Global Markets & the SEE Region (Tuesday, October 2, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Market concerns about escalating tensions between the Italian government and the EU are mounting. 10-yr Italian government bond yields rose further in early European trade on Tuesday hitting a 4½  year high of 3.44% while the EUR...
October 2nd, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Monday, October 1, 2018)

Daily Overview of Global Markets & the SEE Region (Monday, October 1, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Market concerns about Italy’s public finances stability prevail. Against this background, investors continued to demand a higher credit risk premium on Italian government bonds while the EUR/USD was hovering in early European trade...
October 1st, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Friday, September 28, 2018)

Daily Overview of Global Markets & the SEE Region (Friday, September 28, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The Italian government issued a statement yesterday to announce that the new budget deficit target for 2019 has been set at the upper range of market expectations at 2.4%-of-GDP. Tensions with the European Commission are likely to...
September 28th, 2018 | Banking, Finance, Reports, Shipfinance | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, September 26, 2018)

Daily Overview of Global Markets & the SEE Region (Wednesday, September 26, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: All eyes are on the conclusion of the two-day FOMC policy meeting later today (policy announcement due at 20:00 CET). A 25bps rate hike, the third out of four expected for this year, that will take the target range for the federal funds...
September 26th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Monday, September 24, 2018)

Daily Overview of Global Markets & the SEE Region (Monday, September 24, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Developments over the last few sessions have increased worries over a hard Brexit scenario. EU leaders rejected the “Chequers plan” at last week’s summit while UK PM Theresa May acknowledged that Brexit talks have hit “an impasse”....
September 24th, 2018 | Banking, Finance, Markets, Shipfinance | Read More

Daily Overview of Global Markets & the SEE Region (Friday, September 21, 2018)

Daily Overview of Global Markets & the SEE Region (Friday, September 21, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Risk assets retained a positive tone in early trade on Friday supported by the prevailing market view that the direct impact of the US/China trade dispute on the world economy will likely be limited. In spite of global equity markets’...
September 21st, 2018 | Banking, Finance, Shipfinance | Read More

Daily Overview of Global Markets & the SEE Region (Monday, September 17, 2018)

Daily Overview of Global Markets & the SEE Region (Monday, September 17, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: US/China trade conflict is likely to escalate further after the Wall Street Journal reported on Friday that the Trump administration is considering a new round of tariffs on Chinese goods that could be announced as early as today...
September 17th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets, Trade and Commerce | Read More

Daily Overview of Global Markets & the SEE Region (Friday, August 3, 2018)

Daily Overview of Global Markets & the SEE Region (Friday, August 3, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Shrugging off gains in Wall Street overnight on a technology-led rise, Asian equity indices traded mixed on Friday amid mounting trade war concerns. In response, the US dollar extended its overnight gains against a basket of major...
August 3rd, 2018 | Banking, Finance, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Monday, July 23, 2018)

Daily Overview of Global Markets & the SEE Region (Monday, July 23, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Trade concerns prevail with US President Donald Trump explicitly threating in an interview on Friday to impose tariffs on all $500bn of imported goods from China. The US President also repeated his view that a strong USD puts the...
July 23rd, 2018 | Reports | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, July 18, 2018)

Daily Overview of Global Markets & the SEE Region (Wednesday, July 18, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: During his testimony before the Senate Banking Committee, Fed Chair Jerome Powell sounded optimistic on the US growth outlook and reiterated that the FOMC believes that “for now the best way forward is to keep gradually raising the...
July 18th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, July 17, 2018)

Daily Overview of Global Markets & the SEE Region (Tuesday, July 17, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: US retail sales rose by 0.5%mom in June mainly on the back of a 0.9%mom gain in motor vehicle sales, following an upwards revised increase of 1.3%mom in May, the largest since September 2017. Solid US June retail sales, together with...
July 17th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Monday, July 16, 2018)

Daily Overview of Global Markets & the SEE Region (Monday, July 16, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Core government bonds retained a firm tone in European trade on Monday following the release of the FOMC’s semi-annual Monetary Policy Report to the US Congress on Friday where the Central Bank reiterated that “further gradual...
July 16th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Monday, July 09, 2018)

Daily Overview of Global Markets & the SEE Region (Monday, July 09, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: US non-farm payrolls rose by a higher than expected 213k in June but the unemployment rate rose for the first time in the last ten months at 4.0% from 3.8% in May and average hourly earnings were held steady at 2.7%YoY. In reaction...
July 9th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Monday, July 02, 2018)

Daily Overview of Global Markets & the SEE Region (Monday, July 02, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Escalating a dispute over migration with German Chancellor Angela Merkel that threatens to break the country’s CDU/CSU coalition, CSU Chairman and Interior Minister Horst Seehofer offered his resignation to party colleagues late on...
July 2nd, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Friday, June 25, 2018)

Daily Overview of Global Markets & the SEE Region (Friday, June 25, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Trade frictions between the US and its major trading partners continued to escalate. According to Sunday’s US press reports, the US Treasury Department is crafting rules to: (i) bar firms with at least 25% Chinese ownership from...
June 25th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Jewish Bulgaria, photography by Anthony Georgieff

Jewish Bulgaria, photography by Anthony Georgieff
Anthony Georgieff. Jewish Bulgaria, photography by Anthony Georgieff By James Brewer A half-forgotten chapter of 20th European century history emerges from the shadows in a new exhibition in London. The episode has its shameful elements but is one that in large part brings out the better predispositions...
June 21st, 2018 | Art and auctions, Exhibitions, Insight, Photography, Religion | Read More

Outlook on Bulgaria: EBRD event weighs up prospects

Outlook on Bulgaria: EBRD event weighs up prospects
Radost Ivanova. Outlook on Bulgaria: EBRD event weighs up prospects By James Brewer Bulgaria is promoting itself as a magnet for business investment, with Sofia the prime destination; but imminently one of the biggest focuses of attention will be a place 130 km distant from the capital and which has...
June 9th, 2018 | Art and auctions, Country Profiles, Markets | Read More

Celebrate Christo!

Celebrate Christo!
The Mastaba being built on the Serpentine. Celebrate Christo! His ‘revolutionising art’ is saluted by Bulgarians in London By James Brewer Christo, Bulgarian-born and for much of his life a resident of New York, is a revolutioniser of visual art. That description was bestowed by Konstantin Dimitrov,...
June 4th, 2018 | Art and auctions, Film Industry, Story of the Month | Read More

Daily Overview of Global Markets & the SEE Region (Monday, May 14, 2018)

Daily Overview of Global Markets & the SEE Region (Monday, May 14, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Long-dated US Treasury yields were a tad higher in early European trade on Monday with the 2/10-yr yield curve undertaking some modest steepening. In FX markets, whereas the first part of last week was dominated by USD strength, the...
May 14th, 2018 | Banking, Finance, Reports, Shipfinance | Read More