Civil unrest can test emerging markets, Mobius says

Civil unrest biggest threat to emerging markets (Financial Times): Civil unrest could be one of the biggest risks facing the emerging markets sector in the next 12 months, according to Franklin Templeton’s Mark Mobius.

He said Brazil, China and Turkey were very attractive markets in the current environment, as these economies stood to gain from monetary [...]

Russia’s Debt Rating Cut by S&P on Outflows, Reserves (Bloomberg): Russia’s long-term debt rating was lowered for the first time in nine years by Standard & Poor’s, which cited capital outflows and the “rapid depletion” of the foreign currency reserves.
Brazil Real Falls as Inflation, Trade Reports Fuel Rate-Cut Bet (Bloomberg): Brazil’s real declined, extending a four-month slide, [...]