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1 week ago | 
fa-mag.com | Catherine Bosley |Andras Gergely
The upheaval coming from the Trump administration’s tariffs is reinforcing views that the riskiest assets face more losses ahead. Most emerging-market currencies will decline, according to Societe Generale SA strategists, who warned that China’s yuan is set for a “modest” depreciation and that South Africa’s rand and Latin American currencies will likely be stuck at weak levels.
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1 week ago | 
bloomberg.com | Andras Gergely |Catherine Bosley
The Indonesian rupiah fell among EM currencies last week. (Bloomberg) -- The upheaval coming from the Trump administration’s tariffs is reinforcing views that the riskiest assets face more losses ahead. Most emerging-market currencies will decline, according to Societe Generale SA strategists, who warned that China’s yuan is set for a “modest” depreciation and that South Africa’s rand and Latin American currencies will likely be stuck at weak levels.
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1 week ago | 
yahoo.com | Andras Gergely |Catherine Bosley
(Bloomberg) — The upheaval coming from the Trump administration’s tariffs is reinforcing views that the riskiest assets face more losses ahead. Most Read from BloombergAdvertisementAdvertisementMost emerging-market currencies will decline, according to Societe Generale SA strategists, who warned that China’s yuan is set for a “modest” depreciation and that South Africa’s rand and Latin American currencies will likely be stuck at weak levels.
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1 week ago | 
flipboard.com | Andras Gergely |Catherine Bosley
2 hours agoThe Treasury secretary is seen as a moderating influence on President Trump. But he’s on a mission to disrupt government as we know it. In recent weeks, as President Donald Trump’s trade war has battered both stocks and business confidence, Treasury Secretary Scott Bessent has declared multiple …
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2 weeks ago | 
bloomberg.com | Andras Gergely
Protesters take part in a rally on the Erzsebet Bridge in Budapest on April 1. (Bloomberg) -- Hungary’s opposition blocked main roads in central Budapest as protests in defiance of Prime Minister Viktor Orban’s moves against civil society intensify. The event marked the fourth consecutive Tuesday that groups led by the Momentum party stopped traffic on bridges over the Danube River in the capital.
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2 weeks ago | 
news.bloombergtax.com | Andras Gergely
Hungary’s government decided to pursue plans to introduce income tax exemptions for mothers despite turmoil caused by the global trade war, Prime Minister says in a video on his Facebook page. To contact the reporter on this story: in Budapest at [email protected] contact the editors responsible for this story: at [email protected]© 2025 Bloomberg L.P. All rights reserved. Used with permission.
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2 weeks ago | 
bloomberg.com | Andras Gergely
Hungarian Prime Minister Viktor Orban pledged to tighten rules on protests in response to a fresh series of demonstrations in Budapest. Opposition groups have started blocking bridges connecting Buda and Pest during rush hour each Tuesday. That protest is itself a reaction to an earlier move by Orban to ban the annual Pride parade, which critics see as an attack on the right to assembly.
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3 weeks ago | 
bloomberg.com | Andras Gergely
Hungary will on Thursday start the legal procedure to exit the International Criminal Court, a senior official in Prime Minister Viktor Orban’s government said. The announcement by Cabinet Minister Gergely Gulyas on his Facebook page confirmed a report earlier this week by Radio Free Europe that Hungary would take steps to exit the tribunal.
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3 weeks ago | 
bloomberg.com | Andras Gergely |Veronika Gulyas
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3 weeks ago | 
financialpost.com | Andras Gergely |Veronika Gulyas
This onslaught of market interference followed fresh rules forcing institutional investors to buy more government debt and prompted flashbacks to earlier market routs during Orban’s 15 years in office. He started his tenure with the state takeover of billions of dollars in private pension assets, before ushering in a series of targeted industry taxes, often singling out foreign investors.
