Now Tec BlogNow Tec Blog

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Benjamin Netanyahu just destroyed Elon Musk and the other tech CEOs whose AI will ‘cannibalize a lot more jobs than you create’ and compared it to ‘nuclear technology in the stone age’

    September 22, 2023

    iPhone 15 stuck on the Apple logo during setup? Here’s how to fix it

    September 22, 2023

    Alexa Generative AI Update Reveal At Amazon’s Annual Device Event – Amazon.com (NASDAQ:AMZN)

    September 22, 2023
    Facebook Twitter Instagram
    • Home
    • Business

      Benjamin Netanyahu just destroyed Elon Musk and the other tech CEOs whose AI will ‘cannibalize a lot more jobs than you create’ and compared it to ‘nuclear technology in the stone age’

      September 22, 2023

      Tinder just added a $500-a-month subscription that gives ultra-daters ‘VIP’ features but still no guarantee of finding love

      September 22, 2023

      Bill Gates on climate change: Planting trees is ‘complete nonsense’

      September 22, 2023

      Rupert Murdoch retires: How succession drama unfolded

      September 22, 2023

      Twitter/X CEO Linda Yaccarino shares promotional video with anti-Elon Musk tweets

      September 22, 2023
    • Gadgets

      iPhone 15 stuck on the Apple logo during setup? Here’s how to fix it

      September 22, 2023

      The FTC may file an antitrust lawsuit against Amazon as soon as next week

      September 22, 2023

      What the Elon Musk biography revealed about his tumultuous Twitter takeover

      September 22, 2023

      The NFL and Amazon are using AI to invent new football stats

      September 22, 2023

      Amazon Prime members can get a Blink camera bundle for half off

      September 22, 2023
    • Tech

      Satellite Images Show the Devastating Cost of Sudan’s Aerial War

      September 22, 2023

      ‘Majority’ Imagines Internet Hate Mobs to the Extreme

      September 22, 2023

      These scientists live like astronauts without leaving Earth

      September 22, 2023

      Inside the Race to Stop a Deadly Viral Outbreak in India

      September 22, 2023

      In a Battle Between Harassment and Censorship, the Choice Is Clear

      September 22, 2023
    • World

      Ukraine’s Zelenskyy blasts Russian ‘genocide’ before Canadian parliament | Russia-Ukraine war News

      September 22, 2023

      Pope slams ‘indifference’ towards migrants arriving in Europe by sea | Migration News

      September 22, 2023

      Hardeep Singh Nijjar killing: What does international law say? | Human Rights News

      September 22, 2023

      In Nigeria, grief spills to the streets over death of Afrobeats star Mohbad | News

      September 22, 2023

      Israeli military attacks Gaza Strip amid protests at border | Israel-Palestine conflict News

      September 22, 2023
    • AI

      Is AI the Death of the Written Word or the Future of Writing? Join the Conversation Thursday!

      September 22, 2023

      Songwriters Push for AI Protections as Congress Considers Rules

      September 22, 2023

      The Biggest AI Trends in Cybersecurity

      September 22, 2023

      Rep. Bill Foster, physicist, is using AI, worries about artificial intelligence’s future

      September 22, 2023

      AI could be the next tool to prevent veteran suicide

      September 22, 2023
    • Apple

      Alexa Generative AI Update Reveal At Amazon’s Annual Device Event – Amazon.com (NASDAQ:AMZN)

      September 22, 2023

      Pay For Higher Gas Prices With These Oil Dividends

      September 22, 2023

      US Secretary of State Anthony Blinken Praises William Ruto for Promoting Democracy, Growing Economy

      September 22, 2023

      Save 69% on This iPad Air

      September 21, 2023

      Why You Should Buy Your Next Apple Product From Incredible

      September 21, 2023
    • ChatGPT

      ChatGPT: 17 authors sue OpenAI for copyright infringements  

      September 22, 2023

      10 Popular Jobs With Skills That Can Be Replicated by AI Like ChatGPT

      September 22, 2023

      ChatGPT, AI content: All about legal challenges pertaining to copyright under Indian law

      September 22, 2023

      The job skills ChatGPT thinks AI can best perform

      September 22, 2023

      Why ChatGPT Recommends Lido DAO, VC Spectra, and Monero XMR as the Ultimate Fall Crypto Diversification Picks?

      September 22, 2023
    • Cyber Security

      RapidAscent’s Cyber Security Apprenticeship Program Earns California State Recognition

      September 22, 2023

      Cyber Security Today, Week in Review for the week ending Friday, Sept. 22, 2023

      September 22, 2023

      ‘Job security forever’: Bank leaders on AI and cyber defense

      September 22, 2023

      When it Comes to Small Businesses and Cybersecurity, Doing Little Things Right Can Reduce Vulnerabilities

      September 22, 2023

      Privacy Tip #372 – Personal Preparedness for Massive Cyber-Attack | Robinson+Cole Data Privacy + Security Insider

      September 22, 2023
    • Computing

      The US Could Require Cloud Computing Providers to Report Some Customers

      September 22, 2023

      Chan Zuckerberg Initiative Announces Project to End Human Disease

      September 22, 2023

      ARPA-H Data Fabric, Computing for Research, NextGen911

      September 22, 2023

      Can cloud-based quantum computing really offer a quantum advantage?

      September 22, 2023

      OpenSSL 1.1.1 Sunset Risks Another Heartbleed in Embedded Apps

      September 22, 2023
    • Science

      Will NASA’s OSIRIS-REx stick its asteroid sample landing? Scientists are ‘very much confident’ as zero hour nears

      September 22, 2023

      Ramaswamy, Newsom trade blows over climate change: ‘Gavin is ignorant about science’

      September 22, 2023

      Ohio State research, expertise on display at Farm Science Review

      September 22, 2023

      Roman glass keeps turning into photonic crystals. Scientists finally know why

      September 22, 2023

      Priest, Notre Dame political science instructor will discuss civility, peaceful relations at Seton Hill

      September 22, 2023
    Facebook Twitter Instagram
    Now Tec BlogNow Tec Blog
    • Home
    • Business

      Benjamin Netanyahu just destroyed Elon Musk and the other tech CEOs whose AI will ‘cannibalize a lot more jobs than you create’ and compared it to ‘nuclear technology in the stone age’

      September 22, 2023

      Tinder just added a $500-a-month subscription that gives ultra-daters ‘VIP’ features but still no guarantee of finding love

      September 22, 2023

      Bill Gates on climate change: Planting trees is ‘complete nonsense’

      September 22, 2023

      Rupert Murdoch retires: How succession drama unfolded

      September 22, 2023

      Twitter/X CEO Linda Yaccarino shares promotional video with anti-Elon Musk tweets

      September 22, 2023
    • Gadgets

      iPhone 15 stuck on the Apple logo during setup? Here’s how to fix it

      September 22, 2023

      The FTC may file an antitrust lawsuit against Amazon as soon as next week

      September 22, 2023

      What the Elon Musk biography revealed about his tumultuous Twitter takeover

      September 22, 2023

      The NFL and Amazon are using AI to invent new football stats

      September 22, 2023

      Amazon Prime members can get a Blink camera bundle for half off

      September 22, 2023
    • Tech

      Satellite Images Show the Devastating Cost of Sudan’s Aerial War

      September 22, 2023

      ‘Majority’ Imagines Internet Hate Mobs to the Extreme

      September 22, 2023

      These scientists live like astronauts without leaving Earth

      September 22, 2023

      Inside the Race to Stop a Deadly Viral Outbreak in India

      September 22, 2023

      In a Battle Between Harassment and Censorship, the Choice Is Clear

      September 22, 2023
    • World

      Ukraine’s Zelenskyy blasts Russian ‘genocide’ before Canadian parliament | Russia-Ukraine war News

      September 22, 2023

      Pope slams ‘indifference’ towards migrants arriving in Europe by sea | Migration News

      September 22, 2023

      Hardeep Singh Nijjar killing: What does international law say? | Human Rights News

      September 22, 2023

      In Nigeria, grief spills to the streets over death of Afrobeats star Mohbad | News

      September 22, 2023

      Israeli military attacks Gaza Strip amid protests at border | Israel-Palestine conflict News

      September 22, 2023
    • AI

      Is AI the Death of the Written Word or the Future of Writing? Join the Conversation Thursday!

      September 22, 2023

      Songwriters Push for AI Protections as Congress Considers Rules

      September 22, 2023

      The Biggest AI Trends in Cybersecurity

      September 22, 2023

      Rep. Bill Foster, physicist, is using AI, worries about artificial intelligence’s future

      September 22, 2023

      AI could be the next tool to prevent veteran suicide

      September 22, 2023
    • Apple

      Alexa Generative AI Update Reveal At Amazon’s Annual Device Event – Amazon.com (NASDAQ:AMZN)

      September 22, 2023

      Pay For Higher Gas Prices With These Oil Dividends

      September 22, 2023

      US Secretary of State Anthony Blinken Praises William Ruto for Promoting Democracy, Growing Economy

      September 22, 2023

      Save 69% on This iPad Air

      September 21, 2023

      Why You Should Buy Your Next Apple Product From Incredible

      September 21, 2023
    • ChatGPT

      ChatGPT: 17 authors sue OpenAI for copyright infringements  

      September 22, 2023

      10 Popular Jobs With Skills That Can Be Replicated by AI Like ChatGPT

      September 22, 2023

      ChatGPT, AI content: All about legal challenges pertaining to copyright under Indian law

      September 22, 2023

      The job skills ChatGPT thinks AI can best perform

      September 22, 2023

      Why ChatGPT Recommends Lido DAO, VC Spectra, and Monero XMR as the Ultimate Fall Crypto Diversification Picks?

      September 22, 2023
    • Cyber Security

      RapidAscent’s Cyber Security Apprenticeship Program Earns California State Recognition

      September 22, 2023

      Cyber Security Today, Week in Review for the week ending Friday, Sept. 22, 2023

      September 22, 2023

      ‘Job security forever’: Bank leaders on AI and cyber defense

      September 22, 2023

      When it Comes to Small Businesses and Cybersecurity, Doing Little Things Right Can Reduce Vulnerabilities

      September 22, 2023

      Privacy Tip #372 – Personal Preparedness for Massive Cyber-Attack | Robinson+Cole Data Privacy + Security Insider

      September 22, 2023
    • Computing

      The US Could Require Cloud Computing Providers to Report Some Customers

      September 22, 2023

      Chan Zuckerberg Initiative Announces Project to End Human Disease

      September 22, 2023

      ARPA-H Data Fabric, Computing for Research, NextGen911

      September 22, 2023

      Can cloud-based quantum computing really offer a quantum advantage?

      September 22, 2023

      OpenSSL 1.1.1 Sunset Risks Another Heartbleed in Embedded Apps

      September 22, 2023
    • Science

      Will NASA’s OSIRIS-REx stick its asteroid sample landing? Scientists are ‘very much confident’ as zero hour nears

      September 22, 2023

      Ramaswamy, Newsom trade blows over climate change: ‘Gavin is ignorant about science’

      September 22, 2023

      Ohio State research, expertise on display at Farm Science Review

      September 22, 2023

      Roman glass keeps turning into photonic crystals. Scientists finally know why

      September 22, 2023

      Priest, Notre Dame political science instructor will discuss civility, peaceful relations at Seton Hill

      September 22, 2023
    Now Tec BlogNow Tec Blog
    Home»Business News»Emerging issuers raise record $ 191 billion in foreign debt markets in early 2021
    Business News

    Emerging issuers raise record $ 191 billion in foreign debt markets in early 2021

    eduardo_alves38By eduardo_alves38April 23, 2021Updated:April 23, 2021No Comments4 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Governments and businesses in developing countries have borrowed in foreign markets at a record pace in early 2021, but investors say risks are increasing as some countries experience a resurgence of the coronavirus.

    Borrowing through Eurobonds – debt issued abroad, mostly in dollars, euros and yen – hit a new quarterly high in the three months ending in March, with fundraising reaching 191 billion dollars, according to data from Dealogic and Moody’s Investors Service.

    The increase in issuance in the first quarter was particularly strong among borrowers rated below the investment grade, the data showed, suggesting sustained demand for riskier assets.

    “Both supply and demand are at stake,” said Atsi Sheth, global head of emerging markets at Moody’s. “On the supply side, there is an increased need for government and corporate level financing in emerging markets and on the demand side, global financial conditions are still quite liquid and there is still ‘money in search of returns.’

    But with many developing countries struggling with a virus resurfacing and bond yields surging since the start of 2021, the number of potential pitfalls for emerging assets has increased, analysts and investors say.

    The IMF this month raised its forecast for global growth this year and next, but warned of ‘divergent recoveries’, with large parts of the developing world faring worse than advanced economies and, in some cases, worse than expected.

    Currency of India tumbled as a fierce new wave of coronavirus threatens his recovery. The country hit a grim milestone on Wednesday, reporting a world record of 315,000 new coronavirus infections, surpassing the U.S. peak earlier this year.

    The Brazilian economy, which previously faced a surge in demand for its exports from China, is instead likely to derail again as its leaders push back lockdowns and the virus spreads unchecked. Death rates also jumped back in central and eastern Europe.

    “Containment of the pandemic is definitely the key to the recovery and many of the major emerging markets are not here,” Sheth said.

    Financial conditions are also changing. After a rapid and large-scale exit from emerging market assets at the start of the pandemic, investors have returned to a rising flood, with Joe Biden being elected President of the United States last November and the rollout of vaccines. in developed markets has contributed to large rally in risky assets this year.

    At the start of 2021, said Phoenix Kalen, emerging markets strategist at Société Générale, “we were still in this space where things seemed rather benign”. Emerging currencies held up, inflation and US bond yields had yet to recover, and many emerging market finance ministers and treasurers were able to take advantage of attractive yields to withdraw older and more expensive debt.

    Since then, however, US bond yields and inflation expectations have risen, and inflationary pressures have increased in developing countries – in part, for many countries, due to the weak currency.

    “In the future things will get trickier,” Kalen said. With the return of volatility in currency markets, “finance ministers will be reluctant to issue in currencies and will leave themselves vulnerable to currency fluctuations.”

    Pockets of more severe risk are emerging. The Brazilian government, in particular, has borrowed in its domestic market at maturities much shorter than before the pandemic, raising the possibility that it could struggle to refinance its debts if growth does not take off this year.

    “Brazil really stands out,” said Tatiana Lysenko, senior emerging markets economist at S&P Global Ratings. “He certainly presents the greatest refinancing risk because of his short-term debt.”

    Some analysts warn emerging markets may struggle to recover, even where the virus has been better contained.

    UBS chief economist Arend Kapteyn said the “massive change effect” that will occur when households come out of foreclosure and start spending more on services and less on goods, will work against emerging markets.

    “For MS, we say if anything, it will hurt them,” he said. “If anyone has benefited [from the pandemic-induced growth in goods trade] it’s in Asia, and since it’s defeated, they would likely lose. “

    For bond investors in emerging markets, says Bhanu Baweja, strategist at UBS, it will be “a lot harder job from now on” as emerging market yields move even higher than those of advanced economies.

    “Most of the things that lead [bond] higher prices – spread compression, high commodity prices, global trade recovery – it’s all done. From now on, credit spreads will no longer tighten but widen. “

    Analysts say long-term threats are also growing. Many sovereign borrowers have entered the pandemic with serious imbalances that have only exacerbated. While previous crises have spurred reform in some cases, it seems unlikely this time around, Lysenko said.

    “In this crisis, I don’t think we’ve seen that momentum,” she said. “On the contrary, we are more concerned that ongoing reforms will be delayed.”



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    eduardo_alves38
    • Website

    Related Posts

    Benjamin Netanyahu just destroyed Elon Musk and the other tech CEOs whose AI will ‘cannibalize a lot more jobs than you create’ and compared it to ‘nuclear technology in the stone age’

    September 22, 2023

    Tinder just added a $500-a-month subscription that gives ultra-daters ‘VIP’ features but still no guarantee of finding love

    September 22, 2023

    Bill Gates on climate change: Planting trees is ‘complete nonsense’

    September 22, 2023
    Add A Comment

    Leave A Reply Cancel Reply

    Editors Picks

    ChatGPT: 17 authors sue OpenAI for copyright infringements  

    September 22, 2023

    10 Popular Jobs With Skills That Can Be Replicated by AI Like ChatGPT

    September 22, 2023

    ChatGPT, AI content: All about legal challenges pertaining to copyright under Indian law

    September 22, 2023

    The job skills ChatGPT thinks AI can best perform

    September 22, 2023
    Top Reviews
    Advertisement
    Demo
    Now Tec Blog
    Facebook Twitter Instagram Pinterest Vimeo YouTube
    • Home
    • About us
    • DMCA
    • Privacy Policy
    © 2023 nowtecblog. Designed by nowtecblog.

    Type above and press Enter to search. Press Esc to cancel.