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Lack of CBN reform may fuel more corruption in Nigeria

Location:

NIGERIA

Cardoso has promised to prosecute any entities involved in making fraudulent claims. The Deloitte audit is one of three concurrent investigations into the bank’s management under…

Iran will temporise over the broken pensions system

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IRAN

The country’s system of pension funds has long been close to bankruptcy, but awareness of the urgency of the issue has increased over the past year. Nonetheless, proposed pension…

Sanctions will increase risks for Russian economy

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RUSSIA

However, although output has grown, a tight labour market and persistent inflation have created new problems. The reorientation of trade away from Europe has resulted in a…

Chilean government's pension 'win' will prove limited

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CHILE

However, its key provision -- an increase in the system’s defined contribution -- was rejected by the Lower House. The government will have to negotiate key parts of the bill…

Eastern Europe's rate policies diverge with Czech cut

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EASTERN EUROPE

The NBP is not cutting interest rates further partly because of tensions with Prime Minister Donald Tusk’s pro-EU government, following the defeat of the nationalist Law and…

Greek farmers will want sector profitability restored

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GREECE

In response to farmers’ protests across the EU, including in Greece in February, the Commission is considering allowing farmers more flexibility in complying with new…

Diamond sanctions will have a modest impact on Russia

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RUSSIA

The ban will be extended by the end of the year to include diamonds polished in third countries, lab-grown diamonds, as well as jewellery and watches containing diamonds. The new…

Slow growth may hit trust in Colombia’s government

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COLOMBIA

Government spending levels depend on those of individual ministries, some of which spent remarkably little last year, raising questions about budgetary decision-making. Recent…

Yemen’s anti-Huthi front is unlikely to regain force

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YEMEN

The PLC is deeply divided, and economic conditions are deteriorating. There is no indication of improved governance in the southern areas of Yemen that it holds, despite the…