Search results

South Africa mining slump hurts ANC election campaign

Location:

SOUTH AFRICA

The timing is disastrous for the ruling ANC party, which faces elections in May with its support already crumbling, in part due to its poor performance on economic issues. Major…

Rapid recovery will prove elusive in Argentina

Location:

ARGENTINA

The primary surplus (0.6% of GDP) was driven by a 35% real fall in primary spending, which offset a recession-induced 4.5% drop in revenues. Month-on-month inflation has also…

Strikes will increase political pressure on Rabat

Location:

MOROCCO

There have been protracted negotiations following strikes by teachers last year. Concerns over continued disruption to education and possible contagion to other sectors are…

ECB and Fed to delay rate cuts to sustain disinflation

Location:

EU/US

Disinflation is underway on both sides of the North Atlantic, but it is not yet deeply entrenched, giving both central banks a reason to delay cuts. The ECB must contend with…

Strains of war are beginning to show in Russia

Location:

RUSSIA

The invasion of Ukraine is causing strains in Russian society to show, with opposition to another mobilisation and rising appetite for peace talks. The economy is overheating in…