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New virus strain risks more stringent lockdowns ahead of vaccines
Weekly investor research
21 December 2020
The new strain of the coronavirus in the UK threatens a second global lockdown before mass vaccinations. Chinese leadership pledged to keep simulative fiscal and monetary policies during 2021. The Brazilian congress approved the 2021 budget guidelines. A South African court dismissed unions appeal to enforce wage increases. Peru announced measures to mitigate the impact of the pension fund withdrawals. Mexico kept policy rates unchanged but signalled rate cuts in 2021. Singapore eased mobility restrictions. Russia kept policy rates unchanged. Colombia reported they are reaching a consensus to hike taxes in 2021. The US named Vietnam a currency manipulator. Argentina GDP rebounded in Q3 2020. Serbia re-joins the JP Morgan sovereign debt index, the 74th country in the benchmark.
This is the last 2020 edition of the weekly research. We will resume our publication on 4th January 2021. We hope our readers enjoy happy and healthy holidays and all the best for 2021!