Search results

Limited resources will check BRICS financial clout

Location:

INTERNATIONAL

BRICS members seek to reduce the dominance of the US dollar in global trade; a less dollar-focused approach to development finance from the NDB is consistent with this. The BRICS…

China’s property downturn resolution will take years

Location:

CHINA

The housing market is experiencing its largest downturn, triggered by government action in 2020 to limit financial risks from the property sector by introducing debt ceilings for…

China’s economic model will evolve

Location:

CHINA

President Xi Jinping first used the concept on an inspection visit in Heilongjiang province in September 2023. The NPF concept recognises that China's existing growth model cannot…

Turkey-Europe economic and business ties will weaken

Location:

TURKEY

That represented a 1.9-percentage-point (pp) rise in import share and a 0.4-pp fall in export share. Turkey's economic and commercial ties with Europe (EU and non-EU) are strong…

Central US treasury clearing marks substantial change

Location:

UNITED STATES

One change will be that FICC members -- typically big banks and broker-dealers -- must settle their clients' treasuries trades through the clearing house. This is critical to the…

Egypt's external debt looms large

Location:

EGYPT

Meanwhile, the government is struggling with significant accumulated debt, including USD11.8bn that is scheduled to be repaid to the IMF over the next two years alone. The IMF…

Russia will try to soften dismay at ending grain deal

Location:

RUSSIA

Ukraine had been a significant grain exporter, much of it to poor countries, accounting for about 10% of world trade. The invasion stopped that. In July 2022, Turkey and the UN…

Labour may struggle to maximise potential in Scotland

Location:

UNITED KINGDOM

The scandal has seen the party’s support drop by around 5 percentage points, opening the door for the Labour Party to gain more seats in Scotland ahead of the next UK general…

Long-delayed Romanian motorway will help Ukraine

Location:

ROMANIA

This offers Ukraine enhanced connectivity to the EU, increasing the volume of throughputs in response to Russia’s restrictions on Black Sea shipping, but also responding to…

Turkey’s dependence on Gulf investment will grow

Location:

TURKEY/GULF

The trip came just a few weeks after his victory in the presidential and parliamentary elections in May. The tour was part of Turkey’s push to improve ties with regional countries…