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Egypt will focus on boosting industrial output

Location:

EGYPT

Stabilisation measures implemented with Gulf assistance this year have created a platform for manufacturing growth. If this can be directed to boost manufactured exports, it would…

Severe drought spells economic woes for Zambia

Location:

ZAMBIA

The prolonged dry period is having a serious economic impact, as Zambia relies heavily on hydropower to generate electricity and has been forced to implement power cuts for…

Armenia will avoid severing ties with Russia

Location:

ARMENIA

Relations with Moscow have become even more strained since the September 2023 fall of Nagorno-Karabakh, compounding the shock caused by Russia failing to protect Armenia from…

Cape Verde: Reform agenda may face pushback

Location:

CAPE VERDE

The elections are likely to be organised in November. The MpD currently holds 14 of 22 municipalities. The elections will take place at a moment when the government is set to take…

Commercial property poses risks for narrow focus banks

Location:

EUROPE

Banks in larger EU states are heavily exposed to European and US CRE markets, which have further to fall in 2024. Writedowns are underway, dealing a blow to sentiment and harming…

Australia's green push may not be enough for investors

Location:

AUSTRALIA

The policy aims to position the country as a leader in the clean energy sector by strengthening local manufacturing and innovation. Tax breaks will be available for the…

Mozambique shifts from succession to electoral mode

Location:

MOZAMBIQUE

As opposition parties also make their own preparations, all political attention is now focused on October’s general elections, although the economy and a resurgence in the…

Climate needs and debt to hit lower-income states hard

Location:

INTERNATIONAL

Debt distress is related to both global financial conditions -- such as the strength of the US dollar -- and growing climate vulnerabilities. Greater attention and funding to…

Recovery of Russian consumption is likely to moderate

Location:

RUSSIA

Strong household demand, now restored to pre-war levels, mitigated the impact on GDP of falling exports last year. The consumer market is profoundly changed, with new brands from…

Turkey will reduce inflation gradually

Location:

TURKEY

Although the central bank has increased interest rates substantially since June 2023, the effects on economic activity and inflation have been limited. Prices and policy…