Serbia has now delivered 20 doses per 100 people of the population.
[Our our COVID data – for countries around the world and many more metrics → ourworldindata.org/covid-vac…]
Ishod izbora u Crnoj Gori je lep podsetnik na naš Apel povodom usvajanja spornog Zakona o slobodi vjeroispovesti.
Podsetnik da smo tada prepoznali nepravdu i kršenje osnovnih prava i sloboda.
Broadening the Accredited Investor definition will expand the investor base and allow more knowledgable individuals to participate in the growth potential of innovative industries. That being said, nothing can, nor should, replace thorough due diligence. wsj.com/articles/sec-gives-m…
Thanks to @BobanMarjanovic, I get to hear thousands of people yelling my name at @dallasmavs game! Next time in Dallas, I will make a VIP dinner reservation under Boban M. Let's see how it goes.
The terrible COVID-19 shock:
1. Shock is global, driving everyone into recession.
2. So we need global policy coordination more than ever.
3. Euro zone far deeper into this shock than anyone else.
4. Throw out old preconceptions and think new.
5. Start with European COVID bonds.
VAŽNO: Upućujemo poziv svim zdravstvenim radnicima i lekarima koji se nalaze u inostranstvu, a smatraju Srbiju otadžbinom i žele da pomognu, da popune obrazac:
docs.google.com/forms/d/e/1F…#SrbijaTeZove#BorbaProtivCovid19
Više info na: medicina@tackapovratka.rs
With oil prices tanking, it's worth noting that only 1/4 of the firms surveyed by the Dallas Fed said they can cover capital expenditures with cash flow when oil is <$45 per barrel dallasfed.org/research/surve…
The outflow episode for #COVID2019 (in red) at the moment is worse than anything that we have seen before, with an accumulated outflow of $-30 bn in around 45 days. It is worse than the 2015 #China scare (in green) or even the 07-08 financial crisis (in blue)
I am pleased and honored to be recognized as one of the future leaders in global finance in 2020 by the @IIF.
It is a humbling experience to be part of the program that brings together some of the brightest and most promising talent from across the industry. #IIFFutureLeaders
Introducing the #IIFFutureLeaders Class of 2020: This year’s cohort boasts 55 promising professionals from 54 financial institutions around the world. Participants will convene in Europe in May & in D.C. for the IIF Annual Membership Meeting. More here: ow.ly/r2sH30qaP4a
Aramco's long awaited IPO is almost here. At the rumored $1.7 trillion pricing, it is not far from my value estimate, but it will be more bond than stock, and a loaded bet on the future of oil, Saudi Arabia & the House of Saud. bit.ly/2OpqbQ0
Our image of economic growth, gobalization etc continues to be dominated by goods. In fact service sector is overwhelmingly the largest driver of economic growth everywhere including EM. IIF data via @SoberLook
My latest: an update of #Lebanon's crisis dashboard. Sep banking data (pre-protests) and Oct market prices (post-protests) are now in. Not a pretty sight -- a lot more red than green. More details on @TheTerminal
Argentina: After tightening FX controls, BCRA found scope to cut interest rates when election uncertainty dissipated. While the gap between the parallel and official exchange rate is below what we saw in 2011-15, it will likely remain wide amid still-high policy uncertainty.
*EM outlook depends on 1) #tradewar 2) country-specific factors
*More relaxed monet policy creates yield seeking that benefits EM
*Investors will be more discerning between winners and losers
*Opportunities in SEAsia, disappointing Latam enduring EM Europe & MENA a coinflip