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Belize’s new government faces an uphill struggle

Location:

BELIZE

PUP leader Juan Antonio ‘Johnny’ Briceno was sworn in as prime minister the day after the vote, replacing Dean Barrow, who could not run for a fourth consecutive term. Briceno’s…

Morocco’s economy is on the rebound

Location:

MOROCCO

Real GDP growth is on track to be at least 6% in 2020, following a 7% contraction last year. Most sectors have bounced back, though not tourism. High levels of vaccination against…

Castro's Cuba reforms to face pressure on all fronts

Location:

CUBA

The release of the 32-page document follows the historic visit of US President Barack Obama in March, and the PCC congress in April, which the government used to reaffirm the…

Tourism will drive Caribbean economic rebound

Location:

CARIBBEAN

This is down largely to the revival of international tourism following the COVID-19 pandemic. Recovery looks set to continue into 2023, boding well for ongoing revenue and…

Belize elections herald government shake-up

Location:

BELIZE

Long-standing Prime Minister Dean Barrow will not be running again, so that Belize will experience a change of leadership even if his United Democratic Party (UDP) wins…

Tourism woes will slow Uruguay's post-COVID recovery

Location:

URUGUAY

The government closed the borders in December to avoid further spread of COVID-19, subsequently extending the closure through January. The move implied the loss of the entire…

US policy shift on Cuba will bring little respite

Location:

CUBA

The move comes as Cubans face a severe economic crisis and increasing hardship that is driving record outward migration. The collapse of Russian tourism and increased fuel and…

COVID-19 crisis will spoil Greek climate-related plans

Location:

GREECE

After securing a record allocation from the new EU budget, estimated at EUR72bn (USD84.8bn), the Greek authorities must now formulate a comprehensive strategic development plan in…

Armenia and Georgia need external funds for crisis

Location:

ARMENIA/GEORGIA

Commodity exports have been hit in both countries, the Georgian tourism sector has become a source of weakness, and Armenia is exposed to Russia because of trade and labour…

Volcano will add to Saint Vincent's deep economic woes

Location:

SAINT VINCENT

Thanks to early evacuations, there were no deaths or injuries, but thousands were displaced and perhaps 10% of the 110,000 residents made homeless. Significant support was…