Russia, the largest economy under our purview in Emerging Europe, appears to have pinned its hopes of a turnaround on Donald Trump’s election as the U.S. President though it remains to be seen how the bilateral relationship shapes up in the coming months. The shadow of the failed coup in July still seems to weigh heavily on Turkey’s economy, not to mention the fallout from the war in the region, increased terrorist threats and a domestic insurgency.
Between the first quarter and the second, GDP in the Euro-zone increased just 0.3% compared to the 0.6% expansion recorded in the previous review period. The unemployment rate and annual inflation improved marginally during the second quarter.
Switzerland’s export rich economy is not without challenges. There is a need to remove barriers to entry in network industries such as the energy, postal and telecommunications sectors. To further galvanize the Swiss economy, full-time participation in the labor markets for women must be facilitated, and non-tariff trade barriers must be removed.
Thomas White International is an independent, employee-owned asset management firm with offices in Chicago and Bangalore, India. Employing a value style, our investment approach blends a highly detailed, quantitative equity valuation method, with disciplined stock selection by a seasoned investment team. Backed by an exhaustive research process, the breadth of our research allows us to spot opportunities in relatively less known regions, while the depth of our process seeks to reduce risks through detailed evaluation of the regulatory environment, industry competition, and management quality. From mutual funds, to separately managed accounts, and institutional portfolios, Thomas White International now offers a large bouquet of asset management offerings, covering international, global, and emerging markets mandates.
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