This regular section of the Budapest Business Journal features news and events from various international business chambers. For further information and to register for specific events, visit the organizing chamber’s website. If you have information for inclusion on this page, send an email in English to Annamária Bálint at annamaria.balint@bbj.hu
Turkey's sovereign bond prices rose more than two cents on the dollar on Tuesday as markets waited for President Tayyip Erdogan, the winner of Sunday's presidential election runoff, to decide on a cabinet to run economic policy.
18 December 2020, 10:04
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By Viktor Szabó, Investment Manager, Aberdeen Latin American Income Fund Limited
-The economic impact of the pandemic for Latin America has been dire, but not as bad as for some global peers
-There are encouraging signs of recovery from key sectors of the economy
-The corporate sector has shown its resilience
Latin America may be at a turning point. After a difficult period for the region, where many countries have struggled to contain the virus, a number of factors are coming together to create a better outlook. These include a changing political climate in the US, fiscal and monetary support and stronger prospects for corporate earnings.