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Tourism reopening will ease Bhutan’s economic strains

Location:

BHUTAN

The kingdom has raised the long-standing ‘sustainable development fee’ (SDF) for visitors from most countries to USD200 per night from USD65. It hopes that tourism revenue can…

US policy shift on Cuba will bring little respite

Location:

CUBA

The move comes as Cubans face a severe economic crisis and increasing hardship that is driving record outward migration. The collapse of Russian tourism and increased fuel and…

Egypt's living standards will come under more pressure

Location:

EGYPT

The target is highly optimistic. A recent upturn in headline growth reflects improved terms of trade and better performance in export-oriented sectors, notably tourism and…

Cuba will struggle to keep inflation at bay

Location:

CUBA

So far, state-sector price controls and price caps on food and private markets have prevented runaway inflation. However, producers are withholding goods or selling on the black…

Government should pass referendum test in Uruguay

Location:

URUGUAY

President Luis Lacalle Pou’s government has strong public support thanks to a tepid economic recovery and improvements in security, and despite a new wave of COVID-19 cases…

Dominican election result points to stability

Location:

DOMINICAN REPUBLIC

His Modern Revolutionary Party (PRM) did similarly well, securing its largest-ever Senate majority and taking a majority in the Chamber of Deputies. Success was built on a strong…

Risk of Greek euro exit has risen but is still small

Location:

GREECE

The prospects for Greek departure from the euro-area.

Energy crisis may spur reforms in Cuba

Location:

CUBA

The fire has exacerbated electricity black-outs amid widespread shortages of food and other basic items. The government response to the crisis has so far included opening up…

Castro's Cuba reforms to face pressure on all fronts

Location:

CUBA

The release of the 32-page document follows the historic visit of US President Barack Obama in March, and the PCC congress in April, which the government used to reaffirm the…

Cuban discontent will be muted despite economic woes

Location:

CUBA

At the same time, private businesses have been allowed to import as never before. New privately owned shops caters to those with hard currency, but for most people the economic…