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Jokowi’s cabinet reshuffle may prove largely cosmetic

Location:

INDONESIA

He replaced six out of 34 cabinet ministers, including the ones responsible for health and religious affairs. The reshuffle is likely designed to boost confidence in the…

Egypt import controls will not prevent devaluation

Location:

EGYPT

British Airways stopped selling tickets in Egyptian pounds because it could not convert earnings into dollars. At end of February, Egypt's foreign reserves stood 16.53 billion…

Nigerian cryptocurrency curbs will not stem their use

Location:

NIGERIA

The CBN has previously warned banks against cryptocurrency transactions, arguing cryptocurrencies are not legal tender in Nigeria and create risks due to their volatility and…

Jokowi's US trip yields no breakthrough on core issues

Location:

INDONESIA/US

However, he was only able to meet US President Barack Obama and to oversee the signing of commercial deals worth 20 billion dollars before cutting his trip short to tackle the…

Czech election result will depend on undecided voters

Location:

CZECH REPUBLIC

A series of scandals surrounding Prime Minister Andrej Babis, including the newly released Pandora Papers, threaten to undermine ANO’s popularity. A challenge may come from the…

Bilateral will dominate Gulf UK and EU trade advances

Location:

GULF STATES

The post-Brexit United Kingdom is eager to conclude economic agreements across the world under its promise to deliver a ‘Global Britain’. The EU wants to increase its visible…

Colombia election may trigger a close-fought run-off

Location:

COLOMBIA

Conservative, continuity candidate Federico Gutierrez still appears to be Petro’s closest challenger. However, a late surge by populist Rodolfo Hernandez has shocked the…

Debt swap will offer only slight relief in Argentina

Location:

ARGENTINA

The domestic bond market has recently faced massive sell-offs amid increasing doubts over the sustainability of the Extended Fund Facility (EFF) signed with the IMF in March; the…

Israel may be heading for its third election in a year

Location:

ISRAEL

On October 23, President Reuven Rivlin passed on the task of forming the government to Benny Gantz, leader of the centrist Blue and White alliance, after incumbent Prime Minister…

Political splits hamstring governance in South Korea

Location:

SOUTH KOREA

The day before, however, a Blue House meeting with leaders of three main political parties saw no agreement nor any joint statement. Park angrily denied opposition charges that…