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Russia will pursue Sberbank sale in modified form

Location:

RUSSIA

Sberbank transfer.

Remittances will further bolster Mexico’s economy

Location:

MEXICO

Mexico has overtaken China in having the second-highest remittance income in the world, behind only India, which receives around USD100bn per year. Growth has been uninterrupted…

Myanmar’s Russia ties will grow stronger

Location:

MYANMAR

Separately, Russian arms transfers to Naypyidaw are fuelling the conflict between the junta and its armed opponents. Among the countries that remain close to Myanmar, Russia and…

Pakistan's energy crisis will trim 2015 growth

Location:

PAKISTAN

The government is trying to transfer the benefits of low international crude prices to customers without jeopardising the finances of Pakistan's oil marketing firm. It hopes that…

Economic stress drains CIS sovereign wealth funds

Location:

CIS

Concern about the need to preserve one of the SWFs to support the pension system is probably a major reason behind the rejection. The Ministry of Economic Development had already…

Iraqi Kurdistan may lose its 'safe haven' reputation

Location:

IRAQ

Baghdad and Erbil are currently negotiating a new budget agreement covering oil revenue and fiscal transfers, which could provide immediate relief. However, internal divisions are…

Kuwait faces a deferred liquidity crunch

Location:

KUWAIT

The impact of the pandemic and especially lower oil prices hit the government budget hard, since more than nine-tenths of revenue comes from oil sales. However, the country also…

New Nigeria government faces tough economic decisions

Location:

NIGERIA

Since Buhari's All Progressives Congress (APC) party won the elections on March 31 with 54.5% of the vote, it has been at pains to dilute high popular expectations of its lofty…

UAE set to lead world in renewable energy

Location:

UNITED ARAB EMIRATES

Outlook for the renewables sector.

Suriname's opposition will struggle to cement victory

Location:

SURINAME

This would displace the incumbent Nationale Democratische Partij (National Democratic Party, NDP) of President Desire ‘Desi’ Bouterse, which has been in power since 2010. Bouterse…