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Lebanon risks hyperinflation and forced dollarisation

Location:

LEBANON

It highlighted how the severe, three-year crisis has been deepened by “a failure to take much needed policy action” and “resistance from vested interests to reforms”. It also…

Central bank moves may check Nigeria's currency fall

Location:

NIGERIA

These aim for tighter CBN control over the parallel market. The CBN is also seeking to stabilise the currency through bond issuances, cryptocurrency crackdowns and other schemes.

Politics will drive growth in trade de-dollarisation

Location:

INTERNATIONAL

A move away from the US dollar is gaining momentum, driven by the West’s use of economic sanctions, high levels of sovereign debt and a desire to de-link monetary policy from the…

Early Argentine economic successes are unsustainable

Location:

ARGENTINA

The government has posted the first fiscal surplus in years, inflation has declined and foreign currency reserves have risen from USD21.0bn in mid-December to USD28.5bn. However…

Prospects for Sub-Saharan African economies in 2024

Location:

PROSPECTS 2024

Stronger economic growth in the United States, falling domestic inflation and improving government finances are expected to support the region’s exports, consumption and…

Climate finance will grow but huge challenges persist

Location:

INTERNATIONAL

Climate investment globally topped USD1tn last year but remains well short of the estimated USD8tn requirement. Most funding goes to developed economies and mitigation projects…

Middle East and North Africa will lead tourist rebound

Location:

MIDDLE EAST/NORTH AFRICA

The Middle East has been a key market in the post-pandemic rebound in global tourism, boosted by one-off events in the Gulf Cooperation Council (GCC) in 2022. GCC states are…

Turkey's return to economic orthodoxy may waver

Location:

TURKEY

The statement implies that a return to economic orthodoxy is likely, following two years of unorthodox policies built around Erdogan’s preference for low interest rates. The…

Global South will become even more important to Russia

Location:

RUSSIA

Fostering closer trade and financial ties with countries outside the West is essential if Russia is to improve its economic security and enhance its sovereignty. For Moscow it is…

Mideast countries will still value BRICS membership

Location:

MIDDLE EAST

This is the first time since 2010 that new members have been invited to join the group, signalling growing confidence among ‘middle powers’ and their intent to establish…