UK Economics Update Spring Budget 2023 Checklist This checklist helps clients keep track of the key forecasts announced during the Spring Budget at 12.30pm (GMT) on Wednesday 15 th March. Our more detailed preview is here. We will send a Rapid... 14th March 2023 · 3 mins read
Middle East & North Africa Economics Update The implications of restored Saudi-Iran ties The restoration of diplomatic ties between Saudi Arabia and Iran adds to signs that geopolitical tensions in the Middle East are easing, which may help to reduce risk premia in financial assets in the... 13th March 2023 · 6 mins read
Africa Economics Weekly South Africa: cabinet shuffled, economy shaken This week’s cabinet reshuffle in South Africa is unlikely to be a magic bullet to fix the country’s deepening energy crisis. We think that further pain lies in store for the broader economy, as well... 10th March 2023 · 7 mins read
China Economics Weekly Takeaways from the National People’s Congress China’s annual legislative session offers reasons for optimism and caution. On the one hand, conservative economic targets and policy settings suggest that officials are prioritising quality over... 10th March 2023 · 7 mins read
Middle East & North Africa Economics Weekly OPEC+, Egypt policymaking, Tunisia-World Bank Tensions within OPEC+ over oil policy appear to be escalating amid rumours that the UAE is, once again, thinking about leaving the group. Ultimately, we think the Gulf states will ramp up oil output... 9th March 2023 · 8 mins read
UK Economics Update Mapping economic reforms for the UK The numerous “plans for growth” that have been announced by the Government, the Opposition, and various commentators in recent months vary in their analytical rigour but all miss one crucial point... 9th March 2023 · 7 mins read
China Economics Focus China’s economic roadmap for 2023 The economic plans that have been detailed at the National People’s Congress are more cautious and restrained than had seemed likely given the pro-growth messaging ahead of the event. That suggests... 6th March 2023 · 16 mins read
Europe Economics Update How big are risks from Germany’s trade links to China Germany is more vulnerable than most advanced economies to a reduction in trade with China both because of the scale of trade and the use of Chinese-made inputs to its large manufacturing sector. 6th March 2023 · 4 mins read
Africa Economics Weekly Post-election trickle of reforms in Nigeria, SA navy drills The results of Nigeria’s presidential election were quickly challenged by the opposition this week, which is likely to keep investors on tenterhooks. And even once the dust settles, we suspect that... 3rd March 2023 · 7 mins read
China Economics Weekly What to make of the growth target The GDP growth target for 2023 will be revealed on Sunday at the opening of the National People’s Congress. There is speculation that it could be raised relative to last year but we think that’s... 3rd March 2023 · 9 mins read
Event China Drop-In: The National People’s Congress and China’s economic outlook 1678107600 The annual meeting of China’s National People’s Congress began this weekend with the publication of key economic targets for the coming year.
Africa Economics Update Nigeria’s elections: no U-turn away from “Buharinomics” Hopes that Nigeria’s elections would usher in a markedly more business-friendly administration were dashed after the ruling party’s Bola Tinubu was declared president-elect. Economic policy under a... 1st March 2023 · 3 mins read
Africa Chart Pack Politics and the public finances Sub-Saharan Africa’s two biggest economies, Nigeria and South Africa, are both facing slow-burning debt problems. In Nigeria at least, elections on Saturday offer an opportunity to shift towards... 24th February 2023 · 12 mins read
Africa Economics Weekly What you need to know about Nigeria’s elections In the final stretch before Nigeria’s elections on Saturday, we answer key questions about the polls and the economic consequences of the vote. 24th February 2023 · 5 mins read
Energy Update We are sceptical of Nigeria’s oil production promises We don’t think that the election in Nigeria on Saturday will lead to a sudden improvement in crude oil production. The oil industry’s challenges in the country are too deep-seated. But the long... 22nd February 2023 · 3 mins read
