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COVID-19 and oil shocks raise Gulf recession risks

Location:

GULF STATES

Lower oil and gas revenues are the major transmission channel of the global crisis to regional economies, but tourism, financial and professional services are also taking a major…

COVID-induced drivers of trade outpacing GDP may stick

Location:

INTERNATIONAL

It sees goods trade declining by 9.2% in 2020, with services trade falling by a steeper 23% from peak to trough, exacerbated by travel restrictions. The decline in domestic…

Global mining M&A deals will be small and few

Location:

INTERNATIONAL

Prospects for consolidation in the mining sector.

Algeria's central bank will press ahead with reforms

Location:

ALGERIA

The initiative follows the passage of a new monetary and banking law in June that enhanced the central bank’s independence, which included authorisation for it to introduce…

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…

Prospects for China in 2021

Location:

PROSPECTS 2021

The internal cycles of China’s governance systems will nonetheless force its leaders to formulate long-term plans and visions that will guide policymaking for years and in some…

North American Leaders' Summit boosts climate efforts

Location:

NORTH AMERICA

As the 2016 US presidential cycle sparks fears of regional disintegration and protectionist trade policy, the leaders of Canada, Mexico and the United States seek to leverage…

China’s economy recovers but key issues will remain

Location:

CHINA

Growth in retail sales and industrial value added accelerated in August, supported by rising household incomes and warming domestic demand. Moreover, unemployment edged down…

Emerging solutions may decarbonise long-haul transport

Location:

INTERNATIONAL

Low-carbon fuels are the main option, and require cost reductions, scale-up and logistical improvements. Shipping and aviation are international businesses where certain countries…

Falling oil prices will offset rising US dollar

Location:

UNITED STATES

Two shocks are hitting the US economy at the same time: a sharp drop in the price of oil and a rise in the value of the dollar. The impact of the drop in oil is different from…