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South African government faces public-sector showdown

Location:

SOUTH AFRICA

The negotiations follow the government’s refusal last year to pay the final annual tranche of a previous three-year deal. Containing the public-sector wage bill is seen as key for…

South Africa’s Ramaphosa will tout reform impetus

Location:

SOUTH AFRICA

A week previously, new Finance Minister Tito Mboweni’s Medium-Term Budget Policy Statement (MTBPS) showed a worrying deterioration in deficit and debt ratios. However, President…

Terms of Greece's third bailout will depress economy

Location:

GREECE

In the absence of external funding, capital controls will remain. Banks will allow depositors to withdraw up to 420 euros (456 dollars)/week at one go rather than in daily…

US foreign policy differences to sharpen in 2019

Location:

UNITED STATES

Trump entered office deeply sceptical of the importance of wars in Syria, Iraq and Afghanistan, but his critics say his troop-withdrawal announcements are timed to distract US…

Kenya's courts and counties expand Ruto’s challenges

Location:

KENYA

Separately, the government is locked in a battle with county administrations that are demanding increased funds. Together, devolution and a resolute judiciary are complicating…

Zimbabwean government will try to entrench its control

Location:

ZIMBABWE

Chamisa’s call comes amid worsening political and economic crises and rising public frustration with President Emmerson Mnangagwa and the ruling ZANU-PF. Meanwhile, Mnangagwa’s…

Costa Rica fiscal reform looks doomed to fail

Location:

COSTA RICA

Fiscal reform protests.

Pandemic to worsen Costa Rica’s weak fiscal position

Location:

COSTA RICA

Transport and hospitality have been the hardest-hit sectors, posting plunges of more than 15 percentage points in July-September against the same period in 2019. Household…

IMF may stop contributing to Greek bailout

Location:

GREECE/INT

The second phase of the current bailout, extended until end-June, foresees a final installment of 7.2 billion euros (8.2 billion dollars) in exchange for fiscal and structural…

Colombia’s mixed cabinet will not last long

Location:

COLOMBIA

He faces pressure to deliver on ambitious promises regarding systemic reform, economic prosperity, wealth redistribution, environmental conservation and peace. However, his…