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China's consumption growth will slow

Location:

CHINA

Services including healthcare, entertainment and travel flourished while the share of housing in overall consumption fell, reflecting property-market troubles. Markedly lower…

Panama mine contract end will worsen economic woes

Location:

PANAMA

The decision followed weeks of protests over the terms of the newly revised contract. Cobre Panama, located in Colon province, is Central America’s largest open-pit copper mine…

Israel's economic recovery will remain restrained

Location:

ISRAEL

The war in Gaza, which began in October 2023, was initially expected to wind down within a few months, enabling economic activity to return to normal. Instead, the fighting has…

Mexico expropriation risk may rise as AMLO term ends

Location:

MEXICO

The move was not altogether unexpected, with the energy ministry having previously hinted it was possible. It nevertheless feeds concerns that the outgoing administration of…

Somalia seeks to downgrade UN political mission

Location:

SOMALIA

In a May 9 follow-up memo, the government clarified that it seeks a transition to a UN Country Team (UNCT) presence, which coordinates the substantive support of UN agencies but…

Gaza will strain but not break Gulf-Iranian detente

Location:

GULF STATES

While tensions across the region have risen sharply, Gulf and Iranian officials have engaged in regular and high-level dialogue that has so far prevented a wider conflagration…

Flash floods will increase in frequency in the Gulf

Location:

GULF STATES

The Gulf countries experienced the heaviest rainfall in 75 years over the period April 14-18. Dubai was hit by precipitation levels of around 250 millimetres within 24 hours…

Nigerian Vice President Shettima may grow in influence

Location:

NIGERIA

This follows earlier comments from Shettima emphasising the usefulness of negotiations in ending conflict in the region. Although exercising limited political influence within the…

China’s domestic activity will slow modestly in 2024

Location:

CHINA

Private consumption contributed 4.3 percentage points (pps) to 2023 GDP growth, while fixed investment contributed 1.5pps and net trade subtracted 0.6pps as export volumes fell…

Syria’s mild economic recovery faces major constraints

Location:

SYRIA

The economy is not showing serious ill effects from the overspill of the conflict in Gaza or recent aid cuts. The government may even have derived some additional financial…