Elections

The BBVA Research team published its insights into the economic impact of possible presidential election outcomes in 2020, noting that a divided government is unlikely to make significant policy changes, resulting in a continuation of the status quo in terms of growth.

BBVA Compass assembled a worldly-wise panel in Houston last week to help its Global Markets clients, all of whom maintain assets outside the U.S., sort through the barrage of global economic news to better understand the risks.

Companies are facing the challenge of correctly interpreting information to create valid patterns they can apply to their businesses.

Now that the end of 2016 is just a few hours away, it may be the right time to take a look at some of the highlights of a politically charged year.  Elections, referendums, resignations and international events marked the course of the world and grabbed endless headlines.

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In the closest elections of Peru’s history, the economist Pedro Pablo Kuczynski was selected as the new President of Peru, winning by a slight margin over Keiko Fujimori.

The San Pablo leper colony in Iquitos in the Peruvian Amazon is not only famous for being one of the hostels where Che Guevara stayed during his travels around Latin America in his youth. It is also known for having been the research institute where Dr Maxime Kuczynski began his fight against tropical disease in the Peruvian jungle. Maxime, a German doctor with Polish and Jewish roots, married the schoolmistress, Madeline Godard, a French citizen with Swiss lineage. Together they had a son called Pedro Pablo, born October 3 1938 in the city of Lima, the capital of Peru.

The first time the Peruvians set eyes on Keiko Fujimori was on the morning of April 8, 1990. It was a direct broadcast on national television of the breakfast of the surprise candidate in the presidential elections that year. In the general elections in Peru the tradition is for journalists to go en masse to the home or campaign headquarters of the presidential candidates to accompany and follow them to each of the campaign events, the first of which is their breakfast.

Op-ed by Tim Bennett for Emerging Europe

2016 is a very critical year for TTIP, and a conclusion of negotiations couldn’t come soon enough for small and medium size companies (SMEs). Nearly 95,000 out of the 28 million US SMEs export to the EU, while about 150,000 of the 20 million SMEs in the EU export to the US Most SMEs do not have the human, financial, or time resources that larger companies have to develop export markets when faced with tariffs, complex customs procedures, duplicative and expensive regulatory approval requirements. These barriers are cost prohibitive for too many SMEs.

It wasn’t long ago that Jean-Claude Juncker said that politicians all knew what measures were needed to resolve Europe’s problems, but no one knew how to get re-elected after applying them. Now the situation is more complicated. Europe is facing new problems, and it is no longer what needs to be done to address them.

Nineteen candidates will compete in the first round of the presidential elections in Peru on April 10, which reflects the multiparty nature of the Peruvian political system. Who are the favorites?

Nineteen candidates will compete in the first round of the presidential elections in Peru on April 10, which reflects the multiparty nature of the Peruvian political system.

2015 saw a number of key events in Latin America; but perhaps the most important occurred in the political arena with the change of government in Argentina, the National Assembly election results in Venezuela, and the progress made in the peace process in Colombia. These marked out a new direction for the countries in question and could have possible repercussions on the region's economy.