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Brazil's automotive sector faces an uphill battle

Location:

BRAZIL

Outlook for the automotive sector.

South African auto plans faces new pandemic realities

Location:

SOUTH AFRICA

Preparations were disrupted by the COVID-19 pandemic and the start has been postponed until July 1.

Brazil's auto sector will face mounting challenges

Location:

BRAZIL

Ford, which has been operating in Brazil since 1920, attributed the decision to its global business restructuring plans. However, two other companies, Mercedes-Benz and Audi, had…

Canada statement prefigures likely early election

Location:

CANADA

The government expects a CAD381bn (USD297.5bn) deficit for fiscal year 2020-21 (ending March 31). It also promised a CAD100bn stimulus package from calendar 2021, in further…

UK freeports agenda may disappoint

Location:

UNITED KINGDOM

The government vows that freeports will represent “hubs of enterprise which will allow places to carry out business inside a country’s land border but where different customs…

Cypriot bank consolidation may help reduce bad loans

Location:

CYPRUS

The move raises Hellenic Bank’s market share and considerably improves its asset quality, and followed an announcement by market leader Bank of Cyprus on August 28 that it had…

Inflation could rise again in Russia in 2023

Location:

RUSSIA

Inflation has subsided owing to base effects. War, sanctions, geopolitical isolation and economic restructuring have already undermined population living standards, with poorer…

Pandemic will take heavy economic toll in Colombia

Location:

COLOMBIA

This has triggered a series of economic setbacks. The economy showed modest growth in the first quarter of 2020 before plummeting 15.7% in the second, year-on-year. Various…

South African relief plan will not halt further slide

Location:

SOUTH AFRICA

South African relief package.

Israel’s high-tech industry may plateau

Location:

ISRAEL

This was on top of a record 3.2 billion dollars of new investment capital raised by such companies in the first half of the year. Start-up fundraising, a key metric of…