Economics
Despite risks, cryptocurrency presents an exciting opportunity in Africa
As more states in Africa come to accept cryptocurrency in a technology-first approach to digitizing and diversifying their markets, these markets could exploit cryptocurrency opportunities.
Erdogan’s lira problem
Turkey is facing one of the most serious monetary crises of its recent history. Are Erdoğan’s populist politics to blame?
Chinese-Malaysian ties after the election
The new Malaysian Prime Minister, Dr. Mahathir, has indicated that he will reverse significant gains made by China under the outgoing Prime Minister, Najib Razak. In response, China has called
Buying friends through dollar diplomacy
Despite its successful self-governance, the Chinese-claimed territory struggles to maintain international support and acknowledgement as an independent country. Beijing’s ‘dollar diplomacy’ will continue to chip away at Taipei’s legitimacy, leveraging smaller impoverished nations in an effort to solidify and justify its influence over the Taiwan Strait.
Death of a salesman – China attacks private debt
As China’s transitions from prioritizing economic growth to maintaining economic stability, the government has begun levying steep penalties on high-debt private companies for “economic crimes.” Kiana Mendoza looks at several recent examples of these trials, and examines what this could mean for the future.
Britain’s black money crackdown: treading a fine line
The UK is getting tough on the proceeds of foreign corruption at a time of heightened tensions with Russia. Downing Street will be keen to limit any further fallout with Moscow by adopting the right punitive measures.
Disagreements on eurozone reform impact economic outlook
Emmanuel Macron’s ambitious plans to reform eurozone institutions received a further setback when German chancellor Angela Merkel toed her party’s line and rejected some of his bolder proposals when the two met in Berlin last week.
Ratings upgrade puts pressure on next government to maintain Brazil’s economic recovery
Amidst political chaos and uncertainty, Brazil’s economy continues on its path to recovery receiving a vote of confidence by ratings agency Moody’s. There is hope Brazil will be able to continue the necessary economic reforms once a new President takes office next year.
Trade agreement holds key economic, security benefits for Tunisia and the EU
Tunisia and the EU are negotiating an extension of the existing free trade agreement. The agreement would, if prudently negotiated, offer benefits for both sides of the Mediterranean and could help strengthening political ties. But first, two fiddly subjects remain for the negotiators: services and agricultural goods.
Theresa May’s evolving Brexit strategy
The transition agreement between the UK and EU means that although the UK will officially leave the EU in March 2019, it will still remain in the customs union and single market for another 21 months. The UK’s concessions are indicative of the government’s broader negotiating strategy with the EU.
