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Kuwait faces a deferred liquidity crunch

Location:

KUWAIT

The impact of the pandemic and especially lower oil prices hit the government budget hard, since more than nine-tenths of revenue comes from oil sales. However, the country also…

Supervision change could politicise banking in Georgia

Location:

GEORGIA

Tensions between the governing Georgian Dream (GD) coalition, President Giorgi Margvelashvili and Kadagidze have risen rapidly in recent months, sparked by the government's…

Interest rates will continue to rise in Brazil

Location:

BRAZIL

The increase, the largest since 2002, comes despite low growth expectations and reflects concerns over rising inflation, with the Central Bank warning of a similar rate rise in…

IMF may stop contributing to Greek bailout

Location:

GREECE/INT

The second phase of the current bailout, extended until end-June, foresees a final installment of 7.2 billion euros (8.2 billion dollars) in exchange for fiscal and structural…

State assets may fund Turkish public-private projects

Location:

TURKEY

Moves to shore up the PPP infrastructure programme.

Puerto Rico control board will squeeze debt holdouts

Location:

PUERTO RICO

The announcement would mark the largest subnational bankruptcy in US history, with Puerto Rico facing debt obligations of 73 billion dollars from an array of public entities and…

Brazil labour market improves but doubts will persist

Location:

BRAZIL

Unemployment fell to 7.4% at the end of 2023. Despite a fall in the participation rate, the positive figures also show that over 100 million people are currently employed…

Blockchain will lead next global tech revolution

Location:

INTERNATIONAL

Blockchain technology in finance.

Post-virus downturn could hurt Hungary’s government

Location:

HUNGARY

The pandemic has strengthened Prime Minister Viktor Orban’s position in the short term. However, the government has done little on the economic front; a conservative stimulus…

Philippines budget will help state and business

Location:

PHILIPPINES

The budget was submitted on August 15 and is President Rodrigo Duterte's first. It is mildly expansive, focusing on the new administration's priorities of infrastructure, law and…