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Early Argentine economic successes are unsustainable

Location:

ARGENTINA

The government has posted the first fiscal surplus in years, inflation has declined and foreign currency reserves have risen from USD21.0bn in mid-December to USD28.5bn. However…

Brazil's fiscal situation will improve gradually

Location:

BRAZIL

That followed a primary surplus equivalent to 0.5% of GDP in 2022. The negative result in 2023 was partly caused by exceptional circumstances, notably the early payment of…

Rapid recovery will prove elusive in Argentina

Location:

ARGENTINA

The primary surplus (0.6% of GDP) was driven by a 35% real fall in primary spending, which offset a recession-induced 4.5% drop in revenues. Month-on-month inflation has also…

Greece’s Syriza may lose 2019 vote to come back later

Location:

GREECE

The minority Syriza government has declared its intention to row back from tax and pension reforms to regain popularity ahead of the upcoming polls and the autumn national…

Indian farmers will push government further

Location:

INDIA

Prime Minister Narendra Modi announced earlier in the month that the reforms would be revoked. The laws sparked a major protest movement among farmers, who maintained that the…

EU-US economic ties will survive testing US policies

Location:

INTERNATIONAL

EU-US ties.

Pakistan government will survive challenges to it

Location:

PAKISTAN

Meanwhile, the pandemic-hit economy remains on shaky ground, although there are signs of recovery. Elections to the Senate -- parliament’s upper house, where the government bloc…

West African cocoa sustainability demands will grow

Location:

WEST AFRICA

Nevertheless, multinationals face mounting pressure to deliver on their sustainability programmes, while Ivorian and Ghanaian regulators face new pressures to bolster domestic…

Price protests may not bring down Azerbaijani regime

Location:

AZERBAIJAN

Authorities took too long to adjust the exchange-rate regime under pressure from falling oil prices, wasting resources that could have been used to shore up the banking sector…