Search results

Risks are high despite Turkey’s policy 'normalisation'

Location:

TURKEY

With the lira at a record low, the Central Bank continued to tighten monetary policy this week, funding the market through competitive one-month repo tenders at rates of around…

The delayed Dubai World Expo may face a downgrade

Location:

UNITED ARAB EMIRATES

It is now scheduled to run from October 1, 2021 to March 31, 2022. The economic blow to the United Arab Emirates (UAE) coincides with other severe consequences of the pandemic…

COVID-19 may give Lebanon’s premier a short-term boost

Location:

LEBANON

This came shortly after Prime Minister Hassan Diab addressed the nation, promising a 1.2-trillion-Lebanese pound (400-million-dollar) stimulus plan -- although it was unclear how…

Tehran will flounder over COVID-19’s economic impact

Location:

IRAN

Facing the region’s largest coronavirus outbreak, the authorities belatedly closed schools, banned all religious and social gatherings and asked people to stay indoors. However…

Creeping authoritarianism is a real risk in Tunisia

Location:

TUNISIA

He did not name a new prime minister. Over July 25-26, Saied dismissed Prime Minister Hicham Mechichi, dissolved his government, suspended parliament for 30 days, lifted…

Prospects for Turkey in 2021

Location:

PROSPECTS 2021

Fiscal and monetary stimuli and a policy-induced credit boom have combined with the broad normalisation of social life to contain COVID-19's impact on economic output. However…

US government shutdown could reshape Republican party

Location:

UNITED STATES

The likely course of political fights in September.

COVID-19 and oil shocks raise Gulf recession risks

Location:

GULF STATES

Lower oil and gas revenues are the major transmission channel of the global crisis to regional economies, but tourism, financial and professional services are also taking a major…

Vested interests may block urgent tax reform in Jordan

Location:

JORDAN

It also looked at government-proposed amendments to another law aiming to reduce the scope for tax evasion in the Aqaba Special Economic Zone. Recent developments including the…

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…