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Reality bites in Argentina's search for foreign funds

Location:

ARGENTINA

Argentina has followed Bolivia, Brazil, Chile, Peru and Venezuela into the AIIB as President Mauricio Macri seeks increased foreign investment. With the arguable exception of…

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…

Bangladesh economy will ride out pandemic crisis

Location:

BANGLADESH

In late May, it approved a three-month, USD200mn currency swap with Sri Lanka to help ease Colombo’s foreign exchange woes. The move underscores its growing economic strength…

Russia will try to soften dismay at ending grain deal

Location:

RUSSIA

Ukraine had been a significant grain exporter, much of it to poor countries, accounting for about 10% of world trade. The invasion stopped that. In July 2022, Turkey and the UN…

There is no easy solution to Cuba’s fuel challenges

Location:

CUBA

Cuba's energy troubles.

Latin American fiscal deficits may prompt budget cuts

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LATIN AMERICA

Latin America's fiscal challenges.

US-Colombian development plans face major difficulties

Location:

COLOMBIA

The plan aims to increase US private investment in Colombia and promote development in rural areas that have seen a resurgence of violence. The US International Development…

Moreno eyes private sector to overcome Ecuador crisis

Location:

ECUADOR

Lockdown measures have helped stem contagion but have had a devasting impact on the economy. Market liberalisation and debt renegotiation efforts place most of the burden of…

Street pressures will erode elite cohesion in Cuba

Location:

CUBA

The government is nevertheless shaken. Protests were triggered by severe economic hardship, and reflect a loss of public confidence that the government can improve matters. The…

Cuba's monetary reform will create multiple shocks

Location:

CUBA

The long-postponed move is essential but will send shockwaves through the economy. Inflation and currency flight will soar. Salary and pension hikes will be quickly eaten up by…