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Delhi’s spending will not ease Kashmir crisis

Location:

INDIA

Legislation dividing it into two union territories -- Jammu and Kashmir, and Ladakh -- was passed in early August, concurrently with the revocation of Jammu and Kashmir’s special…

EU green ambitions are strongly reflected in budget

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EU

Overall, some 30% of the budget will involve climate-related spending. One of the key reforms concerns the EU’s own resources mechanism to finance spending, with plans to…

New SAA deal could taint Pretoria's reform agenda

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SOUTH AFRICA

It also raises questions about President Cyril Ramaphosa’s reform plan for state-owned enterprises (SOEs), crucial to growth prospects and the restoration of public finances, as…

Prospects for South Africa in 2021

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PROSPECTS 2021

Yet market sentiment remains sceptical of Pretoria’s ability to deliver on the package, implement steep and politically contentious expenditure cuts and boost growth. Meanwhile, a…

Militarisation will cause rising distortions in Russia

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RUSSIA

Record levels of defence spending have led to surging demand for inputs used to manufacture military equipment, driving up output across various sectors. However, evidence of…

IMF may stop contributing to Greek bailout

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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…

East Timor will struggle to improve economic outlook

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EAST TIMOR

The country is trying to rebuild its economy, which contracted by an estimated 7.6% in 2020. The fallout of the COVID-19 crisis has cut oil and gas income, which contributes about…

Ramaphosa’s union struggles could determine rebound

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SOUTH AFRICA

This followed two days after Finance Minister Tito Mboweni’s Medium Term Budget Policy Statement (MTBPS), which offered an honest assessment of the steep deterioration in the…

Prospects for the Middle East in the second quarter

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PROSPECTS Q2 2015

Prospects for the Middle East in the second quarter.

South Africa’s Ramaphosa will tout reform impetus

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SOUTH AFRICA

A week previously, new Finance Minister Tito Mboweni’s Medium-Term Budget Policy Statement (MTBPS) showed a worrying deterioration in deficit and debt ratios. However, President…