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India will step up economic engagement with Nepal

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INDIA/NEPAL

This was his first trip to the country since beginning his fifth stint as premier last year. Delhi and Kathmandu are keen to increase connectivity and cooperation despite a border…

Haiti faces increased challenges on all fronts

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HAITI

Haiti has long struggled with severe socio-political and economic challenges, but the intensification of a multitude of interconnected crises over the last year has destabilised…

Australia’s economy will recover slowly from COVID-19

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AUSTRALIA

Australia is battling COVID-19, which has necessitated social and economic lockdowns which have hit the economy. Parliament passed the budget measures on October 9, with little…

Arce faces major economic challenges in Bolivia

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BOLIVIA

However, he will lack the commodity boom-related revenue that fuelled such programmes. Bolivia has been hit hard by the COVID-19 pandemic; GDP is forecast to contract by between…

Politically divided Iraq faces a massive economic hit

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IRAQ

The economic and social impact of COVID-19 -- and especially the crushing effect on global oil markets -- comes amid worsening US-Iran tensions. Internally, political deadlock and…

Middle Eastern airlines face massive potential losses

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MIDDLE EAST

The COVID-19 outbreak is the latest blow to civil aviation in the Middle East, where airlines already face unprecedented security risks and operational complexities. Carriers…

Political pressure may mount on Canada’s Trudeau

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CANADA

As Canada enters the second half of Trudeau’s government, with a federal election due in October 2019, the Liberal Party’s prospects of a second term in office are fair to good…

Varreaux success will help to ease Haiti crises

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HAITI

HAITI: Varreaux success will help to ease crises

Prospects for African economies to end-2020

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PROSPECTS H2 2020

The worst-hit countries will be those most exposed to the pandemic’s triple shock of travel restrictions, plunging commodity prices and disruptions to external trade and…

COVID-19 and oil shocks raise Gulf recession risks

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GULF STATES

Lower oil and gas revenues are the major transmission channel of the global crisis to regional economies, but tourism, financial and professional services are also taking a major…