Getting there was quite uneventful (besides experiencing horrible Saturday morning traffic on the M1) and finding parking turned out to be a breeze. Morgan Stanley reckons the Bank of Korea could become the latest central bank to adopt so-called quantitative easing, a massive programme of government bond-buying, and may need to slash another 75 basis points from its policy interest rate – currently at 1.25 percent – by late 2017. Ladies and gentlemen may we direct your attention to our official Parklife Festival 2018 aftermovie by the awesome crew at Run Jump Fly It was so great. On Saturrday the 16th of April I made my way to Parklife 2016 festival at Marks Park in Emmerentia, Johannesburg.
Tackling this head-on could require both government and central bank action. Weak global trade and growth also hurt the country’s big exporters. Household debt totals 90 percent of GDP and public borrowings, considered broadly, another 75 percent, Gavekal says. As Gavekal economists argue, Korea looks awkwardly like Japan in the 1990s, with an ageing population, an overreliance on manufacturing, and rising financial leverage. She lost control of parliament in April and had already started to look like a lame duck ahead of December 2017 elections.īut no-one should be too sanguine. These episodes include relatives going to jail, a ferry catastrophe, and a presidential impeachment. Citigroup analysts note that leadership crises in the last 15 years or so have had a limited market impact.
At least investors are used to South Korean political blow-ups.
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