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Ukraine-Russia war will dent Japan's economy

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JAPAN

There are direct impacts resulting from Japan’s economic exposure to Russia, which is affected by sanctions against Moscow and possible counter-sanctions. Indirect impacts arise…

UK government has space for fiscal loosening

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UNITED KINGDOM

The UK economy is not as directly exposed to the conflict as other European countries, but economic weakness in the EU will have knock-on effects for the United Kingdom. The…

Eurasian Union will be economic not political block

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RUSSIA

Russia and the Eurasian Economic Union

Russian recession will blunt Central Asian growth

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CIS

Russia's economic problems caused by the low price of oil and to a lesser extent Western sanctions are a challenge for Kazakhstan and the four other Central Asian states. In its…

EU's oil products ban will hurt Belarusian economy

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BELARUS

EU sanctions from June 24 ban purchases of Belarusian petroleum products and potash fertilisers, though restrictions on the latter are partial. Together with Minsk's retaliatory…

Moscow will test German pragmatism

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GERMANY/RUSSIA

Germany’s relations with Russia.

Sanctions will reduce Russia’s oil exports eventually

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RUSSIA

In June 2022, Russia booked almost twice the revenue (USD20.4bn) from such exports. Declining oil income poses a serious challenge to the administration of President Vladimir…

Prospects for India in 2024

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PROSPECTS 2024

Meanwhile, the government and the Reserve Bank of India (RBI) both expect 6.5% GDP growth in the fiscal year ending March 2024, which would put the country among the top economic…

Economic stress drains CIS sovereign wealth funds

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CIS

Concern about the need to preserve one of the SWFs to support the pension system is probably a major reason behind the rejection. The Ministry of Economic Development had already…

Cabinet reshuffle will boost Canada's trade agenda

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CANADA

Prime Minister Justin Trudeau’s cabinet reshuffle signals efforts to address pressing foreign policy challenges confronting Canada in the new year. The government is signalling…