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Hungary’s economic policy needs fundamental change

Location:

HUNGARY

The hike follows a 185-bp rise two weeks ago that failed to stem the forint sliding to low point of HUF417:EUR1. Inflation continues its steady rise, to 11.7% year-on-year in…

Crisis will cut profits, add risks for Turkish banks

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TURKEY

It was a bid to stabilise the lira. Bank deposit and credit rates have already risen sharply, and credit growth has virtually halted. As Turkey’s economic crisis takes hold, the…

Nigerian banks will struggle to repeat 2017 results

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NIGERIA

Nigerian banking sector.

Nigerian cryptocurrency curbs will not stem their use

Location:

NIGERIA

The CBN has previously warned banks against cryptocurrency transactions, arguing cryptocurrencies are not legal tender in Nigeria and create risks due to their volatility and…

Turkey's economic policy shift is not worth the risks

Location:

TURKEY

The lira’s collapse has only fortified President Recep Tayyip Erdogan’s adherence to unorthodox low-interest-rate policies. Rather than changing course, Erdogan has publicly…

Ukraine war will hurt Turkey’s economy

Location:

TURKEY

The conflict in Ukraine is a threat to Turkey’s economy. The lira has weakened again, which will push inflation above 60%. Ankara has condemned Moscow’s invasion but is seeking…

Prospects for Turkey in 2020

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PROSPECTS 2020

Prospects for Turkey in 2020.

Myanmar junta may weaken but will not make concessions

Location:

MYANMAR

ASEAN’s ‘Five-Point Consensus’ plan to ease the fallout from the 2021 coup shows no signs of making progress, and Cambodia -- the group’s 2022 chair -- has stopped advocating…

Ukraine heads for sustained if slow growth

Location:

UKRAINE

The economy has stabilised after emerging from crisis and GDP is rising, although not at anything like the pace needed to make up for the 2014-15 recession. The government's…

Prospects for Turkey in 2019

Location:

PROSPECTS 2019

Prospects for Turkey in 2019.