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Zambia edges towards a resolution of its debt crisis

Location:

ZAMBIA

The deal also appears to have satisfied official creditors, which had blocked an earlier deal on the basis that it granted bondholders more favourable terms than official…

Fiscal and external challenges lie ahead for Panama

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PANAMA

Panama has demonstrated resilience and maintained economic momentum, despite challenges such as reduced traffic through the drought-stricken Panama Canal and the closure, after…

Flash floods will increase in frequency in the Gulf

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GULF STATES

The Gulf countries experienced the heaviest rainfall in 75 years over the period April 14-18. Dubai was hit by precipitation levels of around 250 millimetres within 24 hours…

Colombian capital braces for long-term water rationing

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COLOMBIA

The capital obtains almost all of its water from rainfall, rather than from subterranean aquifers. Concerns are mounting over water security as increasing temperatures and longer…

Ecuador's energy challenges will endure

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ECUADOR

ECUADOR: Energy challenges will endure

Bolivia’s nearing elections will shape economic policy

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BOLIVIA

Faced with the diminution of foreign currency reserves, the government has taken steps to encourage exporters to repatriate the dollars they earn abroad and place them within the…

Peru's growth will remain sluggish this year

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PERU

The economy is increasingly dependent on the mining sector and on mineral sales to China. The domestic economy remains hampered by depressed internal demand.

Rapid recovery will prove elusive in Argentina

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ARGENTINA

The primary surplus (0.6% of GDP) was driven by a 35% real fall in primary spending, which offset a recession-induced 4.5% drop in revenues. Month-on-month inflation has also…