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South Africa faces fiscal reform challenges

Location:

SOUTH AFRICA

However, there are question marks over his ability to deliver on the ambitious spending cuts needed as tax collection falls in a weak economy.

Uzbekistan will seek more Chinese investment

Location:

UZBEKISTAN

In late January, Uzbek President Shavkat Mirziyoyev paid a state visit to China to seek greater investment and trade opportunities. Mirziyoyev’s visit is the culmination of years…

Russia will exploit tension but will not encourage war

Location:

RUSSIA

Russia maintains a delicate balance in the Middle East, preserving a close relationship with Shia-majority Iran and a security presence in neighbouring Syria while seeking…

Ukraine's nuclear dependence on Russia will decline

Location:

UKRAINE

Nuclear power plants (NPPs) account for over 50% of the electricity supply in Ukraine. Kyiv has been seeking to break its dependence on Russia in all spheres of the nuclear supply…

Romania will not meet OECD goals by date set

Location:

ROMANIA

The government regards joining the OECD as a national objective. Having opened accession negotiations in January 2022 and received its roadmap that June, the publication last…

Amazon rainforest faces existential climate risk

Location:

LATIN AMERICA

The situation, which began in northern regions, quickly spread, affecting the entire basin by September. Since January, large areas of the basin have been in a state of…

Latin America's renewable energy growth may hit limits

Location:

LATIN AMERICA

As variable generation capacity rises, the need to facilitate its end use increases, creating new demands for investment in electrical transmission and consumption and offering…

Gulf economies are on a stable track despite risks

Location:

GULF STATES

The IMF has revised downwards its forecast for Saudi GDP growth in 2024 to 2.7% but raised its 2025 forecast to 5.5%. This reflects a positive medium-term outlook for the Gulf…

Somalia and Turkey may struggle to realise oil deal

Location:

SOMALIA/TURKEY

The deal builds on the recent ten-year agreement on maritime defence cooperation. Somalia is believed to have significant onshore and offshore oil and gas potential. However…