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Oil demand lifts prices, but further upside is limited

Location:

INTERNATIONAL

Rising Chinese imports and falling inventories point to demand exceeding supply at present. However, concerns over how quickly, reliably and fully oil consumption will recover…

Canadian budget has election aspects

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CANADA

Freeland acknowledged that a rising deficit following escalated public expenditure during the pandemic means an emphasis on fiscal restraint, but she was still able to raise…

New Zealand budget will help government for now

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NEW ZEALAND

The coalition has been in office since October 2017 under Prime Minister Jacinda Ardern. This budget combines fiscal restraint with increased social, foreign affairs and aid…

Iraq’s converging crises will set back fiscal reform

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IRAQ

Promised extra food rations have yet to appear, deepening economic pressure on households. Last year’s twin shocks of the pandemic and oil-price collapse contributed to a fiscal…

Costa Rica's medical device sector will grow further

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COSTA RICA

Precision and medical equipment has been the country’s largest export sector since 2017. It maintained that position in 2023, achieving 28% growth year-on-year and contributing…

Israel’s government will struggle for fiscal austerity

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ISRAEL

Although the economy has rebounded, the exit from crisis mode will be complicated, not least because of a sudden increase in new COVID-19 cases in the second half of June.

Prospects for fossil fuels to end-2020

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PROSPECTS

This is the minimum level needed to sustain government spending in many hydrocarbon-exporting economies. Gas markets have proven more resilient to the economic disruption of…

Inadequate policies will deepen Mexico COVID-19 blow

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MEXICO

A lack of testing may have led to an underestimation of infections, but with a population of 130 million, Mexico appears relatively unscathed by the pandemic so far. The virus…

Prospects for South Africa to end-2021

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PROSPECTS H2 2021

Prospects for South Africa to end-2021.

China will exploit COVID-19 as diplomatic opportunity

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CHINA

Chinese overseas aid in the COVID-19 pandemic.