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Ethiopia restructuring puts bondholders under pressure

Location:

ETHIOPIA

Although a 14-day grace period to make the payment or agree a payment suspension has yet to expire, there is now a high risk that a default is imminent.

Turkey-Turkmen-Iranian gas swap could move quickly

Location:

TURKEY/TURKMENISTAN

Europe is increasingly interested in accessing large Turkmen gas reserves, potentially via Turkey, which has reached agreements with Turkmenistan on possible swap deals via Iran…

Kuwaiti-Iraqi tensions will fester

Location:

KUWAIT

Meanwhile, Kuwaiti MP Marzouq al-Ghanem on October 16 submitted a petition for parliament to discuss the country’s regional challenges, including developments related to Khor…

Trade will tighten Gulf-South Korea relations

Location:

GULF STATES/SOUTH KOREA

Previously, in December 2023, South Korea signed a landmark free trade agreement (FTA) with the six-nation Gulf Cooperation Council (GCC), only the bloc’s second with a major…

Income inequality will worsen in Taiwan

Location:

TAIWAN

A widening income gap, coupled with a sluggish economy over the past two years, will be a disadvantage for the ruling Democratic Progressive Party in Taiwan’s presidential…

Major tests lie ahead for Ecuador’s Noboa

Location:

ECUADOR

The legislation’s smooth journey through Congress illustrates the pragmatic relationship Noboa has established with the legislature. This, however, will be difficult to maintain…

Tunisian president will leverage migration pressure

Location:

TUNISIA

A rising number of Tunisians and sub-Saharan migrants are departing from Tunisia in often fatal attempts to reach Europe. Improved weather conditions worsen the situation, while…

EU fiscal reforms will reinforce regional divergence

Location:

EU

Though parameters have changed and national starting positions are recognised more, the reforms are not extensive. Debt and deficit targets remain. Indebted countries, principally…

The EU’s phase-out of Russian gas is not guaranteed

Location:

EU

This is the trajectory followed by the majority of member states. However, blockages remain in east-central Europe, where Turkey could play a role in maintaining direct or…

Beijing empowers itself in foreign relations

Location:

CHINA

It gives a veneer of legality to interference in other countries’ affairs. The new law raises the level of threat from Beijing to foreign organisations and those with connections…