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Parallel imports continue to support Russia’s economy

Location:

RUSSIA

Parallel imports have played a crucial role in securing the supply of goods for the Russian economy. The creation and management of parallel import channels is now an important…

Riyadh will delay attack on Yemen's Hodeida port

Location:

YEMEN

The Saudi-led coalition's much-publicised plan to launch a military attack against the main Red Sea port of Hodeida, currently controlled by Huthi militants and their allies, is…

Saudi Arabia will expand food security efforts

Location:

SAUDI ARABIA

The Fund channelled investments to farmers, breeders and greenhouse projects, among others. In February, the country’s sovereign wealth fund, the Public Investment Fund (PIF)…

Cuban discontent will be muted despite economic woes

Location:

CUBA

At the same time, private businesses have been allowed to import as never before. New privately owned shops caters to those with hard currency, but for most people the economic…

Nigerian government will double down on autarky drive

Location:

NIGERIA

In late August, Nigeria’s federal government effectively shut the country’s border with Benin and parts of the western border with Niger for 28 days to stop what the federal…

Border adjustment tax scheme would hit US oil refiners

Location:

UNITED STATES

Congressional Republicans are mulling the introduction of a border adjustment tax (BAT) regime as part of an overhaul of the US tax system. For the oil industry, the reform would…

Venezuela's oil outlook is modest despite tailwinds

Location:

VENEZUELA

Higher oil prices, enhanced sanctions evasion and imported Iranian 'diluents' (liquids used to dilute heavy crude) allowed for a resurgence of Venezuelan oil exports and…

SPV could open new doors in Europe-Iran relations

Location:

EU

SPV opens opportunity for Europe-Iran trade.

Politics may compound Sudan’s economic crisis

Location:

SUDAN

This follows a major devaluation of the Sudanese pound in early October, which the government hopes can stabilise runaway inflation and lure foreign currency back into circulation…

Risks to Sri Lanka's banks will increase

Location:

SRI LANKA

Some observers have raised doubts about the solvency of Sri Lanka's banks amid the country's deepening foreign exchange (forex) crisis. Forex reserves stood at USD2.3bn at…