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Global minimum tax on corporate profits is going ahead

Location:

INTERNATIONAL

Progress was made on the technical details of Pillar 1, the reallocation of taxing rights from host countries to those where a multinational operates, but US opposition has…

Stricter regulation will reduce Polish bank profits

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POLAND

Holding interest rates at their current low levels is likely to lead to further consolidation of Poland's banking sector, as larger state-owned companies absorb smaller players…

Piketty's critics will shape global inequality debate

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INTERNATIONAL

Inequality debate and empirical findings.

Uncertainties will stymie US manufacturing investment

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UNITED STATES

The White House claimed that President Donald Trump's policies are responsible for the investment decision by the manufacturer. A pick-up in new orders, higher purchasing levels…

Nigerian banks will struggle to repeat 2017 results

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NIGERIA

Nigerian banking sector.

Bolivia’s lenders face bad loans and thin profits

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BOLIVIA

Financial system challenges.

Crisis will cut profits, add risks for Turkish banks

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TURKEY

It was a bid to stabilise the lira. Bank deposit and credit rates have already risen sharply, and credit growth has virtually halted. As Turkey’s economic crisis takes hold, the…

Syria’s mild economic recovery faces major constraints

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SYRIA

The economy is not showing serious ill effects from the overspill of the conflict in Gaza or recent aid cuts. The government may even have derived some additional financial…

Croatia will watch whether euro adoption raises prices

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CROATIA

After implementing its anti-inflationary stabilisation programme in 1993, Croatia recorded stable and modest inflation rates. That changed in 2022, when inflation accelerated…

Nigeria currency move will not save embattled economy

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NIGERIA

Nevertheless, it represents a 43% depreciation since June 20, when the CBN abandoned its pegged rate of 197 naira to the dollar. The decision follows the first GDP contraction in…