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Egypt will find it hard to hit budget targets

Location:

EGYPT

The Ukraine war has had a damaging effect on the Egyptian economy, but the government has presented a budget for the 2022/23 (July-June) fiscal year that aims to trim the fiscal…

Russian defence spending set to rise as army expands

Location:

RUSSIA

Russian defence spending rose by 23% in nominal terms last year as military needs and losses ballooned. The greater secrecy applied to military expenditure suggest this is an…

Modi will lose much rural support

Location:

INDIA

As the 2019 general election approaches, Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP) is trying to secure the backing of India’s rural population, which is some…

Turkey’s government revolution promises a bumpy ride

Location:

TURKEY

Turkey’s new presidential system.

Prospects for global supply chains in 2021

Location:

PROSPECTS 2021

Cost-control is no longer the overriding consideration, given regulatory and investor demands to address environmental, social and governance (ESG) concerns, and consumer demands…

Japan’s upgraded defence force will pack more punch

Location:

JAPAN

This includes procuring 105 advanced US fighter jets and converting Japan’s two largest destroyers into de facto aircraft carriers.

East Africa may face prolonged pandemic

Location:

EAST AFRICA

Other regional countries are now also receiving COVAX shipments, but all will face enormous challenges in bringing the pandemic under control.

Syria’s mild economic recovery faces major constraints

Location:

SYRIA

The economy is not showing serious ill effects from the overspill of the conflict in Gaza or recent aid cuts. The government may even have derived some additional financial…

Overhauling South Africa's utilities will take time

Location:

SOUTH AFRICA

A longer-term rainfall deficit has worsened the problem in some areas. This occurs at the same time as the electricity parastatal Eskom has escalated load shedding (electricity…

Egypt's economy will stand on firmer ground

Location:

EGYPT

Its actions included floating the currency, which triggered a major devaluation, and a 600-basis point increase in its benchmark interest rate to 27.75%. Meanwhile, the government…