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Morocco will struggle to lift growth rates

Location:

MOROCCO

This is below the medium-term target of average annual real GDP growth of 6%, with economic performance largely affected by poor agricultural harvests. There was a modest recovery…

Nigeria will struggle to boost food output

Location:

NIGERIA

This is up from nearly 19 million people in 2023. The crisis has worsened in recent weeks with major food and cost-of-living protests erupting across several states, as well as…

Brazil floods will become more common and costly

Location:

BRAZIL

As of May 13, 147 people had died, another 127 were missing and some 800 were injured as a result of the heavy rain that started in late April and the subsequent floods. Over…

Rapid recovery will prove elusive in Argentina

Location:

ARGENTINA

The primary surplus (0.6% of GDP) was driven by a 35% real fall in primary spending, which offset a recession-induced 4.5% drop in revenues. Month-on-month inflation has also…

Greek farmers will want sector profitability restored

Location:

GREECE

In response to farmers’ protests across the EU, including in Greece in February, the Commission is considering allowing farmers more flexibility in complying with new…

Belarusian economic recovery may not last

Location:

BELARUS

At first glance, the economic performance observed last year seems impressive. However, the robust growth rate concealed many of the country's endemic economic flaws. Much of the…

Amazon rainforest faces existential climate risk

Location:

LATIN AMERICA

The situation, which began in northern regions, quickly spread, affecting the entire basin by September. Since January, large areas of the basin have been in a state of…

Peru's growth will remain sluggish this year

Location:

PERU

The economy is increasingly dependent on the mining sector and on mineral sales to China. The domestic economy remains hampered by depressed internal demand.

Peru mining plans will bring no rapid improvements

Location:

PERU

A new minister for mines has announced his intention to push ahead with projects which so far have been blocked by their failure to attract a ‘social licence’. Private-sector…

Attacks on Russian refineries will cause oil shortages

Location:

RUSSIA

The rising frequency of drone attacks is raising the risk of oil product shortages within Russia. Already Western sanctions on the supply of spare parts had made the maintenance…