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1 – 10 of 82The economic situation is challenging: unemployment was 16.4% in the fourth quarter of 2023, and work and business opportunities are limited. The government has avoided a debt…
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DOI: 10.1108/OXAN-DB287273
ISSN: 2633-304X
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In the March 31 municipal elections, the main opposition Republican People’s Party (CHP), to which Imamoglu belongs, gained 37.8% of the vote nationally, beating the AKP in its…
KUWAIT: Parliament will test reform priorities
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DOI: 10.1108/OXAN-ES285074
ISSN: 2633-304X
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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…
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DOI: 10.1108/OXAN-DB285518
ISSN: 2633-304X
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The limited rate hike (annual core inflation is running at 47%) has undermined foreign investors’ hopes that President Recep Tayyip Erdogan’s new economic team would be free to…
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DOI: 10.1108/OXAN-DB280020
ISSN: 2633-304X
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IRAN: Weakening rial will push up prices
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DOI: 10.1108/OXAN-ES273133
ISSN: 2633-304X
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TURKEY: Insurance deal allows transit of oil tankers
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DOI: 10.1108/OXAN-ES274692
ISSN: 2633-304X
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YEMEN: Inflation will increase, adding to protest risk
Local investors have used Turkey’s stock market as a hedge against the country’s runaway inflation and government attempts to 'lira-ise' the economy. The market's strong…
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DOI: 10.1108/OXAN-DB275691
ISSN: 2633-304X
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Lebanon also only has a caretaker government with restricted powers, at a time when the economy has contracted for four consecutive years. A staff-level IMF package worth USD3bn…