Latin America Economic Outlook

Electoral forks in the road

Latin America’s GDP growth is likely to slow a little in 2026 and, with inflation softening, monetary easing is likely to continue. The scale of rate cuts will vary across countries, with a large...

4th December 2025 · 23 mins read

Middle East & North Africa Economic Outlook

Strengthening growth and shifting alignments

The Middle East and North Africa is set to record its fastest pace of GDP growth (outside the post-pandemic recovery) since 2011 next year. Continued oil output hikes and the switch on of Qatar’s...

4th December 2025 · 22 mins read

Global Economics Focus

Assessing data quality in advanced economies

While the accuracy of some official economic data in the UK and US has deteriorated recently, the issue is mainly concentrated in labour market data and does not appear to be a problem in other...

1st December 2025 · 21 mins read

Emerging Europe Economics Weekly

A path to peace?

The revised peace plan worked on by the US and Ukraine in Geneva last Sunday has the potential to result in a more balanced framework to end the war in Ukraine than looked likely last week, but we...

28th November 2025 · 7 mins read

Africa Economics Weekly

US-Africa relations, Ghana and Nigeria rates, SARB FSR

US rhetoric toward Africa hardened this week, with fresh funding threats and tighter immigration measures. As Washington’s ties with the region deteriorate, China and middle players like the UAE...

28th November 2025 · 6 mins read

Latin America Economics Weekly

Brazil’s slowdown, Honduras voting for Trump or Xi

GDP data from Brazil due out next Thursday are likely to show that the economy contracted in Q3, which, combined with the recent fall in inflation and inflation expectations, supports our view that...

28th November 2025 · 5 mins read

Europe Economics Weekly

German pension policy: backsliding more than France?

While much attention has been given recently to pension policy in France, it has gone almost unnoticed that the German cabinet has approved a pension package that could be significantly more costly...

28th November 2025 · 8 mins read

UK Economics Weekly

Chancellor puts MPs and the markets ahead of growth

In this week’s Budget, the Chancellor pulled off the delicate balancing act of not upsetting Labour MPs, who wanted higher spending, and investors, who wanted to see fiscal discipline. But the...

28th November 2025 · 5 mins read

Asia Economics Weekly

Taiwan defence spending boost, Sri Lanka rates on hold

Taiwan’s President William Lai this week unveiled a TWD1.25trn (4.5% of GDP) special defence budget but it is likely that this will be watered down by the opposition-controlled parliament. Even if it...

28th November 2025 · 5 mins read

UK Economics Focus

Autumn Budget - Markets give the smaller-than-expected Budget the thumbs up

After months of speculation and an unprecedented leak of all the details an hour before the Chancellor’s speech, the financial markets have given the Budget the thumbs up and the Budget doesn’t...

26th November 2025 · 19 mins read

Emerging Europe Economics Focus

Russia & China: a “no limits” partnership with limits

Russia and China declared a “no limits” partnership in 2022, but the economic limits to the relationship have become increasingly clear. Chinese FDI in Russia remains low, bilateral trade is...

25th November 2025 · 19 mins read

UK Economics Update

Autumn Budget 2025 Checklist

This checklist helps clients track the policies and forecasts announced in the Chancellor’s Autumn Budget at 12:30pm (GMT) on Wednesday 26 th November. Read our Previews here. We will send a Rapid...

24th November 2025 · 3 mins read

Africa Economics Weekly

Worsening relations with the US, SARB rate cut

Both South Africa and Nigeria have seen diplomatic relations with the US become more strained this week, although for now domestic dynamics should continue to support a more positive growth outlook in...

21st November 2025 · 7 mins read

Asia Economics Weekly

BI independence concerns resurface, Philippines corruption

The invitation extended to Indonesia’s finance minister this week to attend monetary policy meetings is not unheard of among global central banks, but the move will reinforce concerns that BI’s...

21st November 2025 · 6 mins read

Middle East & North Africa Economics Weekly

MbS’s Washington trip tips the balance in US’s favour

Saudi Crown Prince Mohammed bin Salman's visit to the US this week secured security, nuclear, mineral, and AI deals which will pull the Kingdom back from China’s sphere of influence towards the US.

20th November 2025 · 6 mins read