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Prospects for global supply chains in 2021

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PROSPECTS 2021

Cost-control is no longer the overriding consideration, given regulatory and investor demands to address environmental, social and governance (ESG) concerns, and consumer demands…

Iran will be flexible in observing its planned budget

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IRAN

Rouhani in late December 2018, when presenting his programme to the Majlis, reported that his administration plans to run a balanced budget for the fiscal year beginning March 21.

Brazil banks foresee renewed lending growth this year

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BRAZIL

The Brazilian financial system, which is still dominated by five state and private banks, saw slower loan growth and worsening asset quality in 2023 due to high inflation and…

Migrant surge into EU refines people-smuggling

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INTERNATIONAL

In 2014, more than 280,000 illegal migrants were detected at EU borders, according to the European border agency Frontex. The record numbers raise concerns ranging from the threat…

Parallel imports continue to support Russia’s economy

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RUSSIA

Parallel imports have played a crucial role in securing the supply of goods for the Russian economy. The creation and management of parallel import channels is now an important…

Power problems will haunt Armenian government

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ARMENIA

In a bid to quell the protests, President Serzh Sargsyan has announced that the government will subsidise the increase until the completion of an independent audit into the…

Risks outweigh rewards for very large EU bank mergers

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INTERNATIONAL

The 2008-09 financial crisis led to consolidation of the EU banking sector through mergers and acquisitions (M&As) of mostly domestic banks. A few EU countries have highly…

War threatens lasting risks for Germany’s economy

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GERMANY

The impact of the war in Ukraine, and Western sanctions on Russia, is already harming the economy through higher energy and consumer prices plus trade disruption. The German…

Corruption and incompetence dog Albania’s energy plans

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ALBANIA

The authorities’ immediate aim was to prevent the escalation of sporadic protests against price rises. However, the prospects are also improving for the government’s plan to turn…

Poor outlook drives fiscal expansion in Argentina

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ARGENTINA

Soon after taking office, President Mauricio Macri announced a "rain of new investments" from foreign companies attracted by the business-friendly tone set by his administration…