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Mexico’s oil reforms aim to boost revenue
President Enrique Peña Nieto’s privatization efforts are an attempt to restart revenue generation in the oil sector, which had stalled. Nieto hopes greater tax revenue from the sector may help cover federal budget deficits.
Relations with Russia are Cold War in all but name
New EU and US sanctions against vital sectors of Russia’s economy is the most comprehensive Western answer to Russia’s continuous support for separatists in Eastern Ukraine. With the Ukrainian army gaining
3 implications of Japan’s revision of weapons exports rules
Loosening of principles guiding weapons exports will boost the Japanese defense industry and relations with the US. But it will come at the cost of its image as a pacifist
Bangalore is not thriving, it is broken
President Obama often evokes the example of Bangalore to motivate the next generation of Americans or to satisfy his protectionist Democratic Party base. To the US, Bangalore is the bustling
Investors less worried about a British EU exit
What do perceptions of the economic consequences of a British EU-exit mean for the prospects of a referendum? In a climate of political uncertainty in Britain and the EU, can
Russia’s growing middle class favours status quo
Russian President Vladimir Putin’s soaring popularity amidst his support for separatists in eastern Ukraine has highlighted the importance of the relationship between his government and Russia’s growing middle class. The
5 ways inflation is defining the 2014 economy
Inflation, or lack thereof, is an important global economic indicator. Whether it is Sweden or Brazil, central bankers or policymakers, here’s a look at why inflation is so influential. 1. Europe, Japan,
Sri Lanka’s Tamils search for economic lifeline
As the Sri Lankan government continues to evade international investigations into war time atrocities, Sri Lanka’s Tamils have sought economic opportunities with mixed results. For Sri Lanka’s Tamils, the legacy of
President-elect Jokowi lifts Indonesia’s economic outlook
Indonesia’s new President Joko Widodo brings a fresh face to a nation still finding its way as a global economic player. His commitment to subsidy reform and infrastructure investments could help
Four factors to watch in Israel’s economy after the Gaza conflict
Israel’s tourism and retail market has taken a hit, but the overall business climate will remain strong in the wake of the clash with Hamas in Gaza. Israel, with its
