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Nigeria's consumer-facing industries face a deep slump

Location:

NIGERIA

Nigeria's deep 2.06% year-on-year GDP contraction in the second quarter has hammered business confidence. However, several recent data releases indicate that the downturn's…

The Gulf will take on the energy transition challenge

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GULF STATES

The zero-carbon fuel, promoted as a way to assist a global energy transition away from oil and gas, is the focus of major planned projects in Oman and Saudi Arabia. Meanwhile…

Iraqi protests will fizzle out -- for now

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IRAQ

The demonstrations first began on July 7 but died down in recent days. Riding the wave of dissent, the provincial council of oil-rich Basra province voted on July 22 to begin the…

Trade war could threaten domestic consumption in China

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CHINA

The importance of domestic consumption to China's economy.

Brazil's Rousseff faces bleak second-term panorama

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BRAZIL

Only a month into her second term, President Dilma Rousseff faces an increasingly complicated panorama. In addition to fallout from corruption investigations into state-controlled…

The Gulf will lag on climate action, despite exposure

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GULF STATES

On the same day, opening speakers in a high-profile forum in Abu Dhabi highlighted the emirate’s commitment to renewable energy. Despite the rhetoric and their own vulnerability…

Turkmen cost-cutting may encourage thrift

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TURKMENISTAN

The Turkmen government's attempt to curb spending.

Lebanon’s energy hopes depend on Mideast integration

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MIDDLE EAST

Import-dependent Lebanon has faced acute energy shortages in recent months, reflecting poor infrastructure, unsustainable policies and a lack of hard currency. Leaders are…

East Europeans will gain influence on Western security

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EUROPE

She implied that the role should go to someone from Central-Eastern Europe (CEE). Von der Leyen’s message emphasises how far the balance in decision-making on European security…

No sign of break in Turkish-US arms deal impasse

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TURKEY/US

Blinken was told Turkey’s purchase of the Russian S-400 air defence system was a closed issue, Cavusoglu said. NATO member Turkey remains unwilling to give them up even at the…