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Hungary will ease immigration to meet labour shortage

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HUNGARY

The poorly publicised law provides for an entirely new visa system, focused on streamlining guest-worker and skilled worker permits from third countries. It addresses an…

Severity of Israel’s downturn hinges on conflict moves

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ISRAEL

Israel’s war with Hamas is taking a growing toll on the economy mainly due to labour shortages. The economy has recovered quickly from previous short wars, but this conflict…

Moldovan government grits its teeth for recession

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MOLDOVA

A recent reshuffle raises questions about whether government can avoid returning to old problems of infighting and nepotism; this is important if IMF support is to continue. Until…

Moldova's real economy faces recession

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MOLDOVA

Moldova's economic crisis.

COVID-19 may cost Brazil's Bolsonaro dear politically

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BRAZIL

Bolsonaro addressed the nation shortly after the Health Ministry reported twelve deaths yesterday, the highest one-day toll since the beginning of the COVID-19 pandemic, taking…

Kazakh transition accelerates with early election

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KAZAKHSTAN

Tokayev announced the early election in a televised address just three weeks after Nursultan Nazarbayev resigned after 30 years in power. Tokayev has spent his short time in…

Tourism reopening will ease Bhutan’s economic strains

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BHUTAN

The kingdom has raised the long-standing ‘sustainable development fee’ (SDF) for visitors from most countries to USD200 per night from USD65. It hopes that tourism revenue can…

Russia’s influence in Central Asia will wane

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CENTRAL ASIA

During his meeting with his Kazakh counterpart Kassym-Jomart Tokayev in Astana, Putin called the two countries “not just allies, but very close allies”. A month earlier, Putin had…

Albania’s tourist boom will endure

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ALBANIA

Albanian tourism is booming. The country has posted Europe’s strongest growth in terms of overnight stays (the EU average was 13%). More than 60% of bookings came from foreign…

Support will wane as COVID-19 expands in Paraguay

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PARAGUAY

Health Minister Julio Mazzoleni said on August 28 that Paraguay was entering the “most difficult” stage of the coronavirus pandemic. On August 23 the government had reinforced…