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High US unemployment means social fabric risks

Location:

UNITED STATES

Unemployment insurance claims have risen sharply during the pandemic. The Labor Department will release its latest data later today: total claims are likely to involve 30 million…

Baltic fiscal prudence will return even with low debt

Location:

BALTIC STATES

Monthly output in Estonia started contracting from June. GDP (adjusted) stagnated in the first quarter of 2022, and contracted quarter-on-quarter in the following two quarters…

South African relief plan will not halt further slide

Location:

SOUTH AFRICA

South African relief package.

South African lockdown easing should reduce hardship

Location:

SOUTH AFRICA

The re-opening comes despite an infection rate that is expected to peak only later this year.

The great GDP contraction may herald huge crowding out

Location:

INTERNATIONAL

Economic stimulus schemes and gaps.

Tunisia’s new government will prioritise efficiency

Location:

TUNISIA

The administration has set out a list of priorities, most of which relate to the dire state of the economy and public finances.

Angolan youth frustrations could grow

Location:

ANGOLA

Both reflecting and channelling recent localised protests about various issues, this movement of non-party youth has become a focal point for growing frustration with President…

Armenia and Georgia need external funds for crisis

Location:

ARMENIA/GEORGIA

Commodity exports have been hit in both countries, the Georgian tourism sector has become a source of weakness, and Armenia is exposed to Russia because of trade and labour…

Kenya’s IMF programme will help close financing gap

Location:

KENYA

Facing a worsening fiscal situation amid the COVID-19 pandemic but reluctant to participate in G20 debt restructuring, Kenya arguably had few other options than to apply for new…

Hurricane damage will accelerate Puerto Rico’s slide

Location:

PUERTO RICO

Hurricane Maria made landfall on Puerto Rico as a Category Four hurricane, two weeks after Category Five Hurricane Irma wrought severe wind and flood damage to much of the…