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The Gaza war will worsen Jordan’s long-term debt risk

Location:

JORDAN

He was speaking at the signing ceremony for the first USD845mn grant bolstering the national budget, under a new agreement signed this year. The Gaza war has exacerbated concerns…

Biden sees election boost in student debt reduction

Location:

UNITED STATES

US student debt far outstrips that of most other wealthy countries, with some 40 million US adults owing a total of USD1.75tn in student loans in 2023, almost all of it to the…

African debt distress increases instability risks

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AFRICA

If it cannot pay or reach a bondholder deal within a 14-day grace period, it would become the third African country to default since 2020. These defaults reflect a broader…

Ecuador’s 2024 budget will prompt mixed reactions

Location:

ECUADOR

However, there are signs that political cooperation is beginning to crumble, which will reduce the pace of reform. A National Assembly vote later this month on the government’s…

Biden cannot count on student debt as a campaign issue

Location:

US

US: Student debt move will have only limited impact

Kenya's courts and counties expand Ruto’s challenges

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KENYA

Separately, the government is locked in a battle with county administrations that are demanding increased funds. Together, devolution and a resolute judiciary are complicating…

Mahama likely has an electoral edge in Ghana

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GHANA

The ruling New Patriotic Party (NPP) and its presidential nominee for the December 2024 general election, Vice President Mahamudu Bawumia, will look to take credit for these…

Senegal's new president may face obstacles to reform

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SENEGAL

This follows an upset March 24 victory over his main opponent, ruling party candidate Amadou Ba. Faye ran in place of main opposition leader Ousmane Sonko, who was barred from…

Tourism to drive Belize economic growth amid slowdown

Location:

BELIZE

Real GDP surged by 15% in 2021 and 12% in 2022, then by 4% in 2023. With inflation easing, risks of social instability have probably fallen over the past year, but growth looks…

Spain will pursue a ‘progressive’ policy agenda

Location:

SPAIN

The government’s headline policy promises are to be financed by higher taxes and EU funds, while observing the EU's excessive deficit limit. The government’s most contentious and…