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Mexico will borrow heavily in 2024

Location:

MEXICO

Despite the unprecedented amount, demand for the bonds was substantial at USD21.3bn. The government has forecast a public sector borrowing requirement equivalent to 5.4% of GDP in…

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

Location:

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…

Gaza will strain but not break Gulf-Iranian detente

Location:

GULF STATES

While tensions across the region have risen sharply, Gulf and Iranian officials have engaged in regular and high-level dialogue that has so far prevented a wider conflagration…

Dinar ban will damage EU-led Kosovo-Serbia dialogue

Location:

KOSOVO

A Central Bank regulation reaffirming the euro as sole legal tender has alarmed Kosovo’s Serbs who see it as a direct threat to their existence and is jeopardising already complex…

Gulf economies are on a stable track despite risks

Location:

GULF STATES

The IMF has revised downwards its forecast for Saudi GDP growth in 2024 to 2.7% but raised its 2025 forecast to 5.5%. This reflects a positive medium-term outlook for the Gulf…

Abu Dhabi will leverage post-UNSC soft power

Location:

UNITED ARAB EMIRATES

It struggled with this goal during two turbulent years that saw permanent UNSC members divided over significant conflicts. Nonetheless, the UAE was an engaged Security Council…

Hurricane Otis will have lasting impact in Mexico

Location:

MEXICO

It was the most formidable Pacific storm to hit Mexico in at least 30 years, and took both the government and the population largely by surprise. Disaster risk analysis firm Enki…

Doha will hedge against LNG dependence

Location:

QATAR

Earlier in January, it awarded contracts to increase and sustain output at its main oilfield. Doha wants to dilute its overdependence on a single commodity and to extract value…

UK election will determine direction of EU relations

Location:

UNITED KINGDOM/EU

Labour has indicated that, if elected, it would pursue closer regulatory alignment and deals on security and mobility with the EU. The party has denied reports it might consider…

China will prioritise domestic over foreign policy

Location:

CHINA

President Xi Jinping in a speech commended the accomplishments of China’s leadership since he came to power over a decade ago. At a time when China faces growing economic…