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Riyadh will edge into a more visible role in Africa

Location:

SAUDI ARABIA

Hosting the inaugural Saudi-Africa summit in November, Riyadh pledged to invest USD25bn, provide USD10bn in export finance and commit USD5bn billion to development projects by the…

Georgia risks becoming Russian sanctions-evasion haven

Location:

GEORGIA/RUSSIA

Tbilisi has authorised flights by two smaller Russian airlines, exacerbating fears of the potential for sanctions evasion. That follows the easing of Russia’s visa regime for…

Abu Dhabi’s Africa outreach will accelerate

Location:

UNITED ARAB EMIRATES

State-owned company Abu Dhabi Ports (ADP) is also prominent in the continent’s maritime sector, with agreements to operate ports in Angola and Congo-Brazzaville. The UAE’s…

Sanctions will increase risks for Russian economy

Location:

RUSSIA

However, although output has grown, a tight labour market and persistent inflation have created new problems. The reorientation of trade away from Europe has resulted in a…

South Korea will regain growth momentum

Location:

SOUTH KOREA

Separately, the head of Samsung Electronics -- the cornerstone of the Samsung Group, which contributes around 20% of South Korea’s GDP -- has been cleared of wrongdoing in a…

Prospects for South-east Asia in 2024

Location:

PROSPECTS 2024

Separately, regional leaders were somewhat reassured by the modest rapprochement between China and the United States -- influential powers in South-east Asia -- on the margins of…

Prospects for the global economy in H2 2023

Location:

PROSPECTS H2 2023

Labour and housing markets are slowing very gradually, but the strength of services is preventing a faster fall in headline inflation. The pass-through effects of interest-rate…

Asia ‘ex-China’ investment will struggle for traction

Location:

ASIA

There is sizeable demand for financial assets and products in Asia that exclude China. However, investor expectations that the US Federal Reserve (Fed) will not cut interest rates…

Tough economic challenges await Taiwan president-elect

Location:

TAIWAN

The election in January of Lai Ching-te as president signalled continuity in economic policy, and economic pressure from Beijing has to date had limited effect. However, Lai faces…

Prospects for South-east Asia to end-2023

Location:

PROSPECTS H2 2023

Regional players will meanwhile work hard to sustain robust economic growth and affirm ASEAN ‘centrality’.