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25 Jun 2020  |  North America
COVID-19 Containment Measures to Weaken Economic Activities
The outlook for the Central America and Caribbean economies is expected to stay bleak in 2020, registering technical recession in Q2–Q3 of 2020 and a full year recession for 2021. Local and global containment measures, along with the economies’ large dependence on tourism and remittances particularly coming from the United States, have led to a...
22 Apr 2020  |  Asia Pacific
COVID-19 Outbreak to Weigh Severely on Demand
Economies in Asia-Pacific are likely to experience sluggish growth in 2020 on account of the unexpected ramifications of the COVID-19 outbreak. Regional growth is likely to remain stunted in H1 2020 due to the outbreak, but expected to pick up in H2 2020 as the lockdowns and travel bans are expected to be lifted. Key economies like Australia and ...
21 Nov 2019  |  Africa
Economic Slowdown Dampening Growth Prospects
Major economies in the Middle East and Africa experienced an economic slowdown with GDP growth rate declining for Saudi Arabia, United Arab Emirates (UAE), Nigeria, Qatar, Israel, and Iran in the second quarter of 2019. The area is affected by volatile oil prices, and in Q2 especially, there was a decline in oil prices and production cuts by OPEC. ...
30 Jan 2020  |  North America
Regional Activity Modestly Picking Up; GDP Growth to Remain Moderate
The Americas are expected to record tepid growth in 2020, higher than that of 2019. Advanced economies such as the US and Canada are likely to witness an economic rebound in 2020. Other smaller economies like Panama and Chile are poised to grow as well. However, Argentina’s growth is likely to remain contracted on account of currency deterioratio...
17 Jan 2020  |  Europe
Subdued Global Demand and Political Uncertainty Disourage Business Confidence
The economic outlook for Western Europe is expected to stay muted in 2020. The US-China trade wars, global economic slowdown, and the uncertainty surrounding Brexit have softened external demand, affecting export-based economies such as Germany. While unemployment rates have been low and stable across most of Western Europe, job growth has plateaue...
24 Dec 2019  |  Europe
Weak Global Economy Discouraging Exports
The economies of Eastern European countries have had a slow 2019, with stalling or contracting growth in certain economies. The global economic slump, ongoing trade wars, the weak German economy, and Brexit have discouraged external demand. Internal demand, due to low inflation, wage growth, and tight labor markets, has been able to sustain the pro...
20 May 2016  |  Africa
A Quarterly Pulse of Growth Opportunities
Oil prices might see some signs of stabilization given the discussions between Saudi Arabia and Russia in February 2016 to freeze crude oil production. Most of the oil exporting economies in the Middle East and African region, barring Qatar and United Arab Emirates due to their well-diversified economy, ended 2015 with abysmal economic fundamentals...
05 Jul 2016  |  Europe
EU in the Red with BREXIT a Reality
Uncertainty looms over Western Europe with Brexit becoming a reality. While Britain will face prolonged economic volatility, other Western European economies will also face uncertainty in trade, banking regulations, and currency depreciation. However, despite uncertainty, strong economies such as Germany are banking on steady domestic demand and m...
14 Jul 2016  |  Europe
Possibility of a Brexit Poses Substantial Political Risk
Western European economies are on a moderate economic recovery amid the impending risks of Britain’s exit from the European Union. While the consequences are under much debate, this unprecedented economic phenomenon will lead to severe short term volatility throughout the region.
14 Jul 2016  |  Europe
Stable Growth Predicted in Europe, Uncertainties Notwithstanding
The economic performance of the Western Europe in the beginning of 2016 could be characterized by moderately improved growth supported by rise in disposable income, better job growth, and low inflation. Germany and Spain are on a solid recovery path and leading the Eurozone growth in 2016. Political uncertainties are being created not only on the U...