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New York City faces a range of fiscal challenges

Location:

UNITED STATES

Adams wants to tell potential migrants in the region that New York is “at capacity”. Last week’s heavy flooding underscored the frailties of the city’s 19th-century…

No easy fix to fertiliser non-greenness

Location:

INT

Fertiliser use will grow, driven by population growth in developing economies. Emissions from fertiliser use will also grow, as decarbonisation options are high-cost and difficult…

Indonesian economy should perform solidly this year

Location:

INDONESIA

Only India and China have higher projections. Indonesia recorded GDP growth of just over 5% year-on-year in January-March, with robust consumer and government spending helping to…

Beijing will strive to revive growth

Location:

CHINA

Held on October 30-31, it was attended by President Xi Jinping and various top officials. The conference formulated priority tasks to address financial risks the country is facing…

Argentina stabilisation plan will prove challenging

Location:

ARGENTINA

With Milei now predicting six months of stagflation and up to two years to reduce inflation from triple digits, dollarisation appears to have been shelved. Instead, he seems…

Russian banks will face tougher conditions in 2024

Location:

RUSSIA

Banking sector profitability surged from RUB199bn (USD2.2bn) in 2022 to around RUB3.3tn in 2023. Rising profitability was generated by robust credit expansion, lower loan…

China’s exports will recover but trade sanctions loom

Location:

CHINA

Chinese exports grew by 7.1% year-on-year in US dollar terms, while imports expanded by 3.5%. The trade gap narrowed to USD39.7bn in February. Export growth was buoyed by rapid…

Ethiopia faces tough negotiations around IMF programme

Location:

ETHIOPIA

Addis Ababa must reach an agreement with the IMF to honour its commitments under its debt-service suspension agreement with official creditors. Thereafter, further talks will be…

Prospects for Turkey in 2024

Location:

PROSPECTS 2024

The municipal elections are also an opportunity for President Recep Tayyip Erdogan to solidify his rule further by winning back the cities he lost in 2019. The adoption of more…

Algeria’s budget will drive up public debt

Location:

ALGERIA

The budget is geared towards boosting living standards ahead of the presidential elections towards the end of the year, in which President Abdelmadjid Tebboune will most likely…