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Mexico’s auto industry faces dual challenges

Location:

MEXICO

The USMCA represents continuity with NAFTA in most sectors, but introduces new rules governing the automotive trade, a key industry for Mexico’s economy. The challenges of USMCA…

Azerbaijan policies may lack agility needed for crises

Location:

AZERBAIJAN

Oil and COVID-19 shocks in Azerbaijan.

Shallower recession will not boost Russia's GDP hopes

Location:

RUSSIA

The ministry's optimism is based on a recovery in global oil prices, the limited effects of COVID-19 lockdown measures on industries and businesses, and a rebound in domestic…

Anti-virus measures will hurt Greek economic revival

Location:

GREECE

In Greece, a country of 10 million people, 114 patients are in intensive care for COVID-19, of whom 35 are breathing through tubes (‘intubated’). The vulnerability of the…

Factors encouraging Lithuanians to emigrate will fall

Location:

LITHUANIA

Before COVID-19 intervened, economic growth, rising wages, the development of high-tech sectors and Brexit were encouraging immigration. In 2019, 51% of immigrants were…

Social costs of dollarisation will be high in Cuba

Location:

CUBA

The economy, however, is in dire straits. Widespread shortages of everyday supplies are reminiscent of the crisis that followed collapse of the Soviet Union in the 1990s. Economic…

Lasso faces major economic challenges in Ecuador

Location:

ECUADOR

Lasso has promised to maintain the pro-market policies of the last four years, hoping they will revive Ecuador’s stagnant economy as the effects of the COVID-19 pandemic subside…

Russian eco-disaster may dilute calls for softer rules

Location:

RUSSIA

The major argument is whether the Norilsk accident was due to shoddy maintenance or climate change; the conclusions reached will shape future regulatory policy.

Strong finances will help Russia fund budget deficit

Location:

RUSSIA

Hit by the COVID-19 pandemic and plummeting global energy prices in the first half of the year, the government drew on its substantial reserves to fund fiscal stimulus and…

Russia will need to tighten corporate loan policies

Location:

RUSSIA

Debt restructuring was offered to good and bad companies alike. This indiscriminate approach delayed insolvency that would otherwise have overtaken 'zombie' companies.