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Slow and stuttering rebound for global manufacturing

Location:

INTERNATIONAL

Growth rates are strongest in the Americas, China, India and the Middle East. However, disruptions in the Red Sea and Panama Canal, and now the closure of the port of Baltimore…

Russia's Black Sea Fleet is not yet defeated

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RUSSIA

Despite not possessing a functioning conventional navy of its own, Ukraine has deployed innovative tactics to strike Russia’s Black Sea Fleet with considerable success. Officials…

Russian LNG sales will be stymied by a lack of tankers

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RUSSIA

Russia’s gas export strategy is predicated on the rapid growth of liquefied natural gas (LNG) exports. Following the collapse of pipeline gas sales to Europe, Russia’s plans to…

Rabat’s maritime sector will help geopolitical aims

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MOROCCO

Existing conditions facilitate this: the country's open economy is highly dependent on foreign trade, it enjoys access to Mediterranean and Atlantic routes and ongoing…

China’s defence spending will remain stable

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CHINA

Defence spending will account for 1.2% of GDP in 2024, having remained stable at around this figure for at least the past two decades. Nevertheless, outside estimates of China’s…

Fiscal and external challenges lie ahead for Panama

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PANAMA

Panama has demonstrated resilience and maintained economic momentum, despite challenges such as reduced traffic through the drought-stricken Panama Canal and the closure, after…

China’s exports will recover but trade sanctions loom

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CHINA

Chinese exports grew by 7.1% year-on-year in US dollar terms, while imports expanded by 3.5%. The trade gap narrowed to USD39.7bn in February. Export growth was buoyed by rapid…

China set for near-5% growth amid imbalances and risks

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CHINA

Quarter-on-quarter growth accelerated to 1.6%, from 1.2% previously. A 6% year-on-year expansion in the secondary sector -- manufacturing and construction -- led the growth, while…

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

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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…

China’s AI chip industry will grow but still lag

Location:

CHINA

China is working hard to boost its domestic AI chip industry in response to US restrictions. The support significantly impacts the development of its entire AI sector, the…