Search results

COVID-19 and oil shocks raise Gulf recession risks

Location:

GULF STATES

Lower oil and gas revenues are the major transmission channel of the global crisis to regional economies, but tourism, financial and professional services are also taking a major…

COVID-19 means economic distress for Pacific Islands

Location:

PACIFIC ISLANDS

However, containment measures will cause social tensions and devastate tourism and fishing, their two key income sources.

Politically divided Iraq faces a massive economic hit

Location:

IRAQ

The economic and social impact of COVID-19 -- and especially the crushing effect on global oil markets -- comes amid worsening US-Iran tensions. Internally, political deadlock and…

Private healthcare will expand in Latin America

Location:

LATIN AMERICA

The outlook for private healthcare.

Saudi capital spending allocations are on the rise

Location:

SAUDI ARABIA

However, because of the large surplus of 2.5% recorded in that year, Riyadh’s public debt is only about 25% of GDP, providing the government and the country’s sovereign wealth…

China's consumption growth will slow

Location:

CHINA

Services including healthcare, entertainment and travel flourished while the share of housing in overall consumption fell, reflecting property-market troubles. Markedly lower…

Philippines tourism investment opportunities to grow

Location:

PHILIPPINES

President Rodrigo Duterte's term ends in 2022; his administration is prioritising the development of the Philippines tourism sector. However, internal security could pose…

Namibia's SWAPO faces further damaging poll losses

Location:

NAMIBIA

SWAPO lost its two-thirds majority in the main house of parliament last year and could also see its dominance in the second parliamentary chamber diminished. SWAPO's decline in…

External factors will slow Greek GDP growth next year

Location:

GREECE

The economy is on track to grow by 5.3% year-on-year in 2022, outperforming market expectations for the second year in a row. In a sign of its recovery, Greece left the EU's…

COVID-19 shocks point to recession in Latin America

Location:

LATIN AMERICA

The economic impact of COVID-19.