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Growth pessimism is gaining ground in Latin America

Location:

LATIN AMERICA

In December 2014 ECLAC had anticipated expansion in Latin America and the Caribbean (LAC) of 2.2% for 2015. It is now forecasting growth of only 0.5%, down from 1.1% in 2014 and…

Prospects for the Russian economy to end-2022

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PROSPECTS H2 2022

Prospects for the Russian economy to end-2022.

Gulf economies are on a stable track despite risks

Location:

GULF STATES

The IMF has revised downwards its forecast for Saudi GDP growth in 2024 to 2.7% but raised its 2025 forecast to 5.5%. This reflects a positive medium-term outlook for the Gulf…

Russia's economic decline will continue this year

Location:

RUSSIA

The recession was far shallower than expected; early forecasts had predicted a contraction of up to 10%. However, economic decline will continue into 2023. Unprecedented sanctions…

Bolivia's growth forecast is overly optimistic

Location:

BOLIVIA

Slowing growth in Bolivia.

South Africa faces structural reforms commitment tests

Location:

SOUTH AFRICA

That is well above the less than 1% average growth rate over the past eight years but little more than half the IMF’s forecast for global recovery, reflecting South Africa’s…

Prospects for African economies to end-2018

Location:

PROSPECTS H2 2018

Prospects for African Economies.

Mideast states will show mixed progress on renewables

Location:

MIDDLE EAST

The project aims to generate up to 200 gigawatts by 2030, creating 100,000 jobs in Saudi Arabia. Renewable energy was also a key focus in the United Arab Emirates (UAE), at its…

The Gulf will lag on climate action, despite exposure

Location:

GULF STATES

On the same day, opening speakers in a high-profile forum in Abu Dhabi highlighted the emirate’s commitment to renewable energy. Despite the rhetoric and their own vulnerability…

Prospects for the US economy in 2016

Location:

PROSPECTS 2016

Prospects for the US economy in 2016.