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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…

Russian household consumption is recovering slowly

Location:

RUSSIA

This was the first acceleration after twelve consecutive declines and was driven by an 11% rise in the prices of services. The war in Ukraine has exposed Russia’s consumers to…

Syria's ruler will seek to ride out economic protests

Location:

SYRIA

The demonstrations were triggered by Assad’s mid-August announcement of big fuel price increases, only partly mitigated by rises in salaries and pensions. However, they have been…

Prospects for South Africa to end-2023

Location:

PROSPECTS H2 2023

The adverse conditions that drove the rand to record lows in the second quarter of 2023 will likely persist through the remainder of the year, despite 0.4% growth in the first…

Russia will struggle to restructure ailing monotowns

Location:

RUSSIA

Millions of Russians (close to 10% of the population) still live in depressed 'monotowns' – single-factory (or single-industry) towns built in the Soviet era. Many monotowns are…

High employment and low wages will curb Russian growth

Location:

RUSSIA

In defiance of expectations following the imposition of severe sanctions, the unemployment rate has hovered around 3.2%. Yet rather than a sign of resilience, low unemployment…