November 2020

Country Ranking Trends Magni recently completed a review of Banking Supervision in the Philippines. Our purpose was to evaluate the weaknesses in the country’s banking system, the weakness that enabled the North Koreans to pull off the 2016 bank heist using Philippine banks. They got $81 million from a Bangladesh bank. Unfortunately, the review demonstrated […]

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October 2020

Country Ranking Trends Magni recently completed a review of Monetary Policy. As part of the review, Magni identified a new source which provided greater insight into key factors in our model. We now have better information on specifics regarding each country’s policies, especially the important topic of inflation. Most countries received an upgrade or a […]

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September 2020

Country Ranking Trends Magni recently completed a review of Market Integrity. China has made some progress in implementing prior commitments, thus justifying a small upgrade. The Philippines also made some progress in a few areas; however, material deficiencies remain unaddressed. These deficiencies prevent Magni from upgrading the country’s Market Integrity score. Everything About Brexit is […]

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August 2020

Country Ranking Trends Magni recently completed a review of Hungary. The review confirmed the existing Magni Country Governance Score. Hungary retains a better than average score among the countries of the emerging markets. Its biggest weakness remains the relatively low Market Integrity in the country. The last change in Magni Country Governance Score for Hungary […]

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July 2020

Country Ranking Trends Magni recently completed a review of South Korea’s regulatory environment. Both banking and insurance supervision improved. In particular, the opaqueness enveloping insurance regulation has dissipated. The resulting upgrades moved South Korea ahead of countries in the developed market, such as Hong Kong and Austria. Wirecard Looks Like Germany’s Enron The German payments […]

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June 2020

Country Ranking Trends June was one of the occasional months where there were no upgrades or downgrades of countries. Magni completed a review of market integrity based on new information regarding several countries, and the review confirmed existing scores. China’s Xi Emulates Henry Ford A planned national security law for Hong Kong was announced by […]

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May 2020

Country Ranking Trends Magni completed a review of fiscal transparency. A consistently implemented and transparent fiscal policy creates a more conducive business environment. Company leaders can build plans more confidently and risks are perceived to be lower, so more projects are attractive and, hence, funded. Brazil, Japan, Mexico, and Thailand received small upgrades, while the […]

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April 2020

Country Ranking Trends Magni completed a review of laws and regulations related to the protection of shareholder interests in a company. Shareholder property rights are an important part of maintaining a business environment conducive to economic activity. Canada, Czech Republic, Finland, Germany, Hong Kong, Italy, Mexico, Saudi Arabia, Thailand and United Kingdom received small upgrades, […]

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March 2020

The Country Ranking Trends are at the end of the article so that the global pandemic can be covered first. Pandemic Impacting Humanity The coronavirus continues to spread across the globe with the United States, and in particular New York City, becoming a focus of concern. Meanwhile, in China’s Hubei province where the outbreak started […]

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February 2020

Country Ranking Trends Magni completed a review of accounting systems. Peru was the only country with material changes. Magni found weaknesses in both Peruvian reporting and controls, resulting in a downgrade. This dropped the country below Argentina in the Magni ranking of country governance. Coronavirus Epidemic Made Worse by Chinese Opaqueness The coronavirus outbreak that […]

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