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State asset sales will boost Romanian capital market

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ROMANIA

The sale is the largest initial public offering (IPO) in Europe this year and the largest on the Bucharest Stock Exchange (BVB). It has attracted new investors and increased…

Investment pledges could transform Egypt's economy

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EGYPT

Egypt's business climate.

Jordanian stability will outface economic challenges

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JORDAN

Activists had threatened more protests if progress were not achieved by that deadline. There have been no reforms as yet and a new draft income-tax law offered for public…

Nigeria’s Lagos will struggle to curb COVID-19 spread

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NIGERIA

Lagos' eased lockdown.

Reconstruction of Libya's Derna will be difficult

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LIBYA

The Derna flood is the largest natural disaster to have hit Libya in decades, with at least 4,300 confirmed dead and 8,500 missing. The public have accused east and west-based…

France’s green bill adopts new rules for investment

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FRANCE

The bill, which will cost the government EUR500mn (USD540mn) each year, will focus on the provision of grants for new projects, expedited permitting and training for green…

Jordanian teachers’ strike success may embolden others

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JORDAN

The government has been attempting to implement reforms aimed at addressing the country’s soaring public debt but has faced popular resistance. Most recently, strike action by the…

India will be selective in accepting aid

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INDIA

In recent years, it has refused foreign aid for disaster relief. In view of its worsening coronavirus outbreak, dozens of countries are now offering supplies such as medical…

Reforming France’s EdF will be challenging

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FRANCE

Initial restructuring proposals have not met with EU approval. EdF faces huge financial liabilities and its weak financial position is undermining its ability to play a leading…

State budgets recover from pandemic with federal help

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UNITED STATES

The revenue from these tax returns will offer an indication of how badly the pandemic has hit state and city finances. State and municipal governments account for some 36% of all…