Africa Economics Weekly

Africa Weekly: Nigeria oil and BRICS, Mozambique LNG delay

Nigeria recently became the BRICS group's latest "partner" member, adding to the evidence that the government is trying to straddle the geopolitical divide between US- and China-led blocs. But that...

24th January 2025 · 6 mins read

Middle East & North Africa Economics Weekly

MENA Weekly: Saudi-US relations already warming under Trump

Relations between Saudi Arabia and the US already appear to be on a stronger footing during Donald Trump’s first few days in office, adding to signs that it’s drift towards China is over. The Kingdom...

23rd January 2025 · 8 mins read

Commodities Focus

What to make of Trump’s National Energy Emergency?

The declaration of a National Energy Emergency underlines President Trump’s aspiration to extend the US’s dominance in global energy markets, and his willingness to use the US’s clout as leverage will...

23rd January 2025 · 17 mins read

Commodities Weekly

Commodities Weekly: Commodities caught in the geopolitical crossfire

As the ramp-up in US sanctions against Russia's energy sector has demonstrated, commodities are increasingly being caught in the crossfire of broader geopolitical machinations and tariff policy. The...

17th January 2025 · 4 mins read

Middle East & North Africa Economics Weekly

MENA Weekly: Ceasefire in Gaza, Egypt’s fiscal future

The provisional ceasefire deal in Gaza, subject to final approval from both sides (which Israel's PM Netanyahu has called into question today), could mark a major de-escalatory step. For the...

16th January 2025 · 7 mins read

Middle East & North Africa Chart Pack

Middle East & North Africa Chart Pack (Jan. '25)

Our Middle East & North Africa Chart Pack has b een updated with the latest data and our analysis of recent developments. GDP growth in the Middle East and North Africa will accelerate in 2025 on the...

15th January 2025 · 0 mins read

Latin America Economics Update

Mexico: better placed to face Trump now?

Mexico is once again bracing for trade protectionism in the US. And while it staved off tariffs in the first round of the trade war, on balance we don’t think it’s in as strong a negotiating position...

14th January 2025 · 4 mins read

Global Economics Focus

Trump, tariffs and global supply chains

If Donald Trump were to impose a universal 10% tariff on US imports, we wouldn’t expect widespread reshoring of manufacturing production back to the US. And if it were accompanied by a 60% tariff on...

14th January 2025 · 18 mins read

Global Economics Focus

The Shape of the Fractured World in 2025

The share of the fracturing global economy that is accounted for by China and its geopolitical allies contracted in 2024, leaving it under a third the size of the US bloc at the start of 2025. This...

17th January 2025 · 1 min read

Canada Economics Weekly

Trudeau and Trump share their truths

The power vacuum created by Prime Minister Justin Trudeau’s resignation comes at a bad time, with President-elect Donald Trump ratcheting up his threats against Canada, raising the risk that the next...

10th January 2025 · 5 mins read

Emerging Europe Economics Weekly

Trump’s plan to end the war – is the timeline shifting?

Expectations for an imminent end to Russia’s war in Ukraine once Trump takes office as US President on 20th January took a knock this week, following an FT report and statements by officials...

10th January 2025 · 9 mins read

Latin America Economics Weekly

Panama Canal, Brazil’s shrinking trade surplus

While it’s hard to know how seriously we should take President-elect Trump’s comments this week that the US should re-acquire the Panama Canal, it does add to the evidence that the incoming...

10th January 2025 · 5 mins read

Africa Economics Weekly

Mozambique unrest, China courting Africa

Mozambique’s political unrest looks set to continue following opposition leader Venâncio Mondlane's return and his claim that he is the country’s rightful president. Eyes will next turn to ruling...

10th January 2025 · 7 mins read

Commodities Update

Assessing the risks to energy prices

While upside risks to energy prices have garnered plenty of attention in recent months, there are several downside risks that are worth noting. Although we would characterise the downside risks –...

9th January 2025 · 4 mins read

Canada Economics Focus

Trump, Tariffs, and the 51st State

Following President Donald Trump's latest threat to impose a 25% tariff on Canada (and Mexico), we are re-sending this Focus which considers the consequences of those tariffs for the Canadian economy...

9th January 2025 · 19 mins read