China Economics Weekly China Weekly: What to watch at the NPC The annual meeting of China’s parliament will open on Wednesday with the delivery of the Work Report and annual budget. While the GDP growth target usually receives the most attention, we don't think... 28th February 2025 · 6 mins read
Middle East & North Africa Economics Weekly MENA Weekly: Tunisia’s central bank, Egypt and benefits of the policy shift Tunisia’s President Saied has renewed his siege on the country’s central bank and seems set on having the state take control over its responsibilities, which adds to our concerns about the risk of a... 27th February 2025 · 6 mins read
Africa Economics Update Angola’s path to avoiding default is narrowing The threat of lower oil prices and the Angolan government’s apparent reluctance to push through (further) fiscal consolidation measures has raised the risk that it will be the next African sovereign... 27th February 2025 · 5 mins read
Asia Economics Update Bank Indonesia’s bond purchases could backfire Bank Indonesia now owns a larger share of government bonds than some DM central banks did at the height of their pandemic QE programmes. Amidst worries that the fiscal guardrails are coming off, BI’s... 27th February 2025 · 4 mins read
Middle East & North Africa Economics Update Qatar’s economy waits for the North Field boost Qatar’s economy will be stuck in the slow lane for much of 2025 as non-hydrocarbon activity slows and LNG output remains constrained. But the North Field will start to come online from Q4 and provide... 26th February 2025 · 4 mins read
Event UK Drop-In: Spring Fiscal Forecast preview – More tax or less spend? 1741791600 A combination of weaker UK growth, higher yields and more defence spending make for a difficult Spring Fiscal Forecast for Rachel Reeves.
India Chart Pack India Chart Pack (February 2025) India’s economy is in the midst of a softer patch which we think will continue for a few more quarters. Headline CPI inflation is now within touching distance of the Reserve Bank’s 4% target and looks... 26th February 2025 · 1 min read
UK Economics Update How far UK defence spending will rise and what this means for GDP The Prime Minister’s announcement that defence spending will rise from 2.3% of GDP now to 2.5% by 2027 is likely to be only the start of a more substantial and longer-lasting increase in defence... 25th February 2025 · 6 mins read
Europe Economics Update German election: your questions answered Following yesterday’s federal election in Germany, this Update answers questions raised by clients in our on-line briefing (which can be viewed here). 24th February 2025 · 4 mins read
Europe Rapid Response Germany Federal Election There was never any doubt that the centre right CDU would come out on top of the German federal election and that its leader Friedrich Merz would become the next German Chancellor . The first exit... 23rd February 2025 · 3 mins read
US Economics Weekly US Weekly: Trump turns the screw on tariffs One month after returning to the White House, President Donald Trump continues to issue new tariff threats, this week taking aim at imports of motor vehicles, pharmaceuticals and semiconductors. His... 21st February 2025 · 6 mins read
Africa Economics Weekly Africa Weekly: SA Budget fallout, Nigeria’s CPI revamp South Africa is still reeling from this week’s surprise last minute Budget postponement due to divisions within the ruling coalition. We suspect some form of compromise will be reached in the coming... 21st February 2025 · 6 mins read
UK Economics Rapid Response UK Public Finances (Jan. 2025) While January’s disappointing public finances figures may not be as bad as they first appear, they continue the run of bad news for the Chancellor in 2025 and underline the difficult choices she faces... 21st February 2025 · 3 mins read
Emerging Europe Chart Pack Emerging Europe Chart Pack (Feb. 2025) Our Emerging Europe Chart Pack has been updated with the latest data and our analysis of recent developments. Talks between the US and Russia have raised expectation about an end to the war in Ukraine... 20th February 2025 · 1 min read
Europe Economics Update Germany: what to expect on election night and beyond Germany’s next government looks set to cut taxes and, if the parliamentary maths allow, reform the constitutional fiscal rule. It is also likely to be firmer in its support for Ukraine even as support... 20th February 2025 · 7 mins read
Africa Rapid Response South Africa 2025 Budget Postponed The eleventh-hour unprecedented postponement of South Africa’s 2025 Budget due to disagreements within the Government of National Unity on tax policy, suggest that it is domestic rather than foreign... 19th February 2025 · 2 mins read
