20 May 2020
Short-term political risk and commercial risk: Further downgrades due to global recession induced by covid-19 pandemic
As the covid-19 health and economic shock further deteriorates countries’ external liquidity and the business environment on a world scale, ...
Bosnia and Herzegovina
Cyprus (Greek) (South)
St.Kitts and Nevis
01 Apr 2020
Commercial risk: Various downgrades amid sharp deterioration of economic activity
Since it was publicly revealed by China that a new virus was affecting its population (around 20 January), the contamination has rapidly spread to ...
25 Apr 2019
Indonesia: Policy continuity after Jokowi’s probable re-election
On 17 April, presidential and legislative elections were held together for the first time. Turnout at those peaceful elections was above a high ...
17 Sep 2018
Indonesia: Authorities multiply measures to stem rupiah’s decline amid increased investor risk aversion
The Indonesian rupiah has slid almost 10% against the USD since the beginning of the year, reaching a century-low. The deepening of the current ...
02 Oct 2017
Short-term political risk, October 2017
In the framework of its regular review of short-term (ST) political risk classifications, Credendo has upgraded eight countries (Belarus, Gambia, ...
Indonesia: Resilience amid external shock pressure
Indonesia’s economy has been slowing down since 2012, primarily owing to several exogenous shocks. Lower commodity prices and the Chinese slowdown ...
28 Jul 2015
Short-term political risk: downgrade from 2 to 3
In a context of moderating growth at a 5-year low mainly due to sharply dropped commodity prices, Indonesia’s external short-term debt keeps ...
01 Mar 2015
Political crisis after the new police chief’s contested appointment
Mr Joko Widodo’s first months of presidential mandate are proving difficult and tricky. Indeed, against the will of his party’s (PDI-P) ...
27 Jan 2015
Solutions: Easy access to 41 Islamic countries
Credimundi has a fronting agreement with ICIEC: the Islamic Corporation for the Insurance of Investment and Export Credit. ICIEC is 100% owned by the ...
UAE - United Arab Emirates
01 Aug 2014
Newly elected president paves the way to political and generation change
As from October, the world’s third-largest democracy will be run by a new president for the next five years. After his PDI-P party won the ...
01 May 2014
The opposition wins general election but cannot avoid a large coalition
According to preliminary results – to be officially announced in May – the opposition Democratic Party of Struggle (PDI-P) has become the ...
01 Nov 2013
Economy on a slowing mode before next year’s elections
Like most developing Asian economies, Indonesia’s economy is hit by the weaker global momentum. Its slowdown is expected to bring GDP growth ...