2021 continues to be tumultuous for the global economy, as impacts of conditions throughout the year come due, and new issues emerge to impact markets. Below find our summaries of some of the month’s biggest changes in foreign exchange.
2020 proved to be a year of unprecedented social, political, and economic turbulence. Though the onset of the COVID-19 vaccine rollout and the change of Administration in U.S. have inspired some hope that a return to “normal” life is possible in the foreseeable future, many markets remain turbulent.
Before my trip to Brazil, I heard both positive and negative impressions of the country. Since it was my first time visiting, I was interested to see which kind of experience I’d have. It ended up being a bit of both.
While South American countries have a wet season, the duration and severity vary. Knowing this and having traveled extensively throughout the continent, my February survey delivered some unique experiences. I encountered urban flooding in both Brazil and Paraguay and in both instances the flooding occurred subsequent to a relatively short period of rainfall. Both times also seemed to be a failure of infrastructure more than anything else.
During the February quarter, I surveyed three Mexican cities – Aguascalientes, Guadalajara, and Mexico City. Despite my extensive travel experience after five years as a cost of living surveyor, and many more traveling as a private citizen, this was my first visit to Mexico.
During my recent survey, I had the opportunity to spend a research day-trip in Kaliningrad, the non-contiguous Russian exclave wedged along the Baltic Sea.
Quito, Ecuador is one of the many cities where AIRINC conducts surveys for cost of living data.
One of the biggest difficulties to survey is often the language barrier. Manarti is a veritable polyglot, speaking seven languages