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Lebanon risks hyperinflation and forced dollarisation

Location:

LEBANON

It highlighted how the severe, three-year crisis has been deepened by “a failure to take much needed policy action” and “resistance from vested interests to reforms”. It also…

Central bank moves may check Nigeria's currency fall

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NIGERIA

These aim for tighter CBN control over the parallel market. The CBN is also seeking to stabilise the currency through bond issuances, cryptocurrency crackdowns and other schemes.

Politics will drive growth in trade de-dollarisation

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INTERNATIONAL

A move away from the US dollar is gaining momentum, driven by the West’s use of economic sanctions, high levels of sovereign debt and a desire to de-link monetary policy from the…

Early Argentine economic successes are unsustainable

Location:

ARGENTINA

The government has posted the first fiscal surplus in years, inflation has declined and foreign currency reserves have risen from USD21.0bn in mid-December to USD28.5bn. However…

Prospects for Sub-Saharan African economies in 2024

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PROSPECTS 2024

Stronger economic growth in the United States, falling domestic inflation and improving government finances are expected to support the region’s exports, consumption and…

Mideast countries will still value BRICS membership

Location:

MIDDLE EAST

This is the first time since 2010 that new members have been invited to join the group, signalling growing confidence among ‘middle powers’ and their intent to establish…

Prospects for Argentina in 2024

Location:

PROSPECTS 2024

Bond markets have responded positively to Milei’s victory, followed by the announcement that he would re-privatise state oil company YPF and other companies, but domestic exchange…

Kenya’s new budget targets significantly lower deficit

Location:

KENYA

After redeeming much of its USD2bn Eurobond in February, the government has effectively dispelled fears of a default. Nevertheless, it remains under pressure to consolidate public…

Bullrich may struggle to win Argentine presidency

Location:

ARGENTINA

However, the total vote in the JxC primary was below that of the vote for far-right libertarian Javier Milei, and Bullrich herself was only the third-most-voted presidential…

Georgia risks becoming Russian sanctions-evasion haven

Location:

GEORGIA/RUSSIA

Tbilisi has authorised flights by two smaller Russian airlines, exacerbating fears of the potential for sanctions evasion. That follows the easing of Russia’s visa regime for…