Economics
US watches as Cuba and Russia strengthen economic ties
The last few weeks have seen marked escalations of business ties between Russia and Cuba. The US is watching this very closely. What can we expect, diplomatically and economically, as
Fixation on oil kills economic potential in Nigeria
Africa’s largest economy, Nigeria relies on sale of crude for about 90% of its foreign exchange earnings. The economy has been hit hard by the fall in global oil prices over
Nigeria’s new cabinet faced with a difficult task
Nigeria awaits the third-quarter growth statistics set to be released later this month. However, irrespective of the figures, the new economic team is confronted with the hard task of fixing
Schengen is cracking – Can the EU withstand the pressure?
The Schengen agreement is one of four cornerstones of the European Union’s ‘Single Market’ system, but with the unprecedented migrant crisis flooding the region and fractures amongst member nations already
Burundi instability poses problems for East Africa
President Nkurunziza is likely to continue to perpetuate political instability through repressive conduct, in order to hold on to power. This will negatively impact East Africa’s economic prospects. Since April
How will the refugee influx affect Europe?
As wave upon wave of refugees from the Middle East and North Africa break on the shores of Europe, there are no signs of ebbing. Many questions remain as to
EU fiscal policy reflects broader tensions
The Eurogroup President’s proposal for an independent fiscal committee will not water down tensions between member states over fiscal policy. Over the past 6 years, Europe has been dealing with
Oman’s path to Iran
Through economic ties and a careful, long-standing diplomatic posture, Oman has become a key player in the Middle East. Over the last weekend of October, an International trade exhibition was
The succession challenge in GCC family businesses
Family businesses, the economic backbone of countries represented in the Cooperation Council for the Arab States of the Gulf (GCC), have to change their corporate governance in order to face
Ethiopia rising: A bright spot in sub-Saharan Africa
Ethiopia’s economic growth is likely to continue on a positive trajectory. Significant foreign investment is flooding into the country, yet political dynamics pose reputational risks for investors. Ethiopian Prime Minister
