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Severe drought spells economic woes for Zambia

Location:

ZAMBIA

The prolonged dry period is having a serious economic impact, as Zambia relies heavily on hydropower to generate electricity and has been forced to implement power cuts for…

New Irish leader will struggle to reverse polls

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IRELAND

Harris replaces Leo Varadkar, who surprisingly announced that he was stepping down ahead of local, EU and national elections. In his first speech as party leader, Harris suggested…

Ukrainian grain dispute is likely to drag on

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UKRAINE

A glut of Ukrainian agricultural products has driven down prices in neighbouring countries, prompting several governments to impose unilateral import bans. Protests by Polish…

Reshuffle highlights economic concerns in Thailand

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THAILAND

Pichai Chunhavajira, an experienced businessman who has held various important positions previously, was named as the new finance minister, taking over the role from the premier…

India’s ruling party will be relaxed about polls

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INDIA

The final phase will be on June 1. The National Democratic Alliance (NDA), led by Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP), aims to secure a third successive…

Bleak economic indicators will be the norm in Sudan

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SUDAN

Nevertheless, for the first time since the war broke out, the central bank has presented a monetary policy strategy and the finance ministry a budget.

India budget shows commitment to fiscal prudence

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INDIA

It is only an interim budget because a general election is set to take place soon, most likely in April-May. The budget surprised many observers because of its lack of…

Farmer protests will disrupt EU trade relations

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EU

Potential deals with Mercosur and Australia are already in doubt, partly due to agricultural sensitivities, and other projected agreements, for example with Thailand, could also…

French government faces a difficult fiscal dilemma

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FRANCE

As a result of dwindling tax revenue, he also said that state spending would be cut by EUR10bn (USD10.8bn). The government’s forecast for this year is more optimistic than…

Belarusian economic recovery may not last

Location:

BELARUS

At first glance, the economic performance observed last year seems impressive. However, the robust growth rate concealed many of the country's endemic economic flaws. Much of the…