Debt is colossal but there are promising indicators, not least in inflation, legal reforms, the sale of government assets, and monetary stability. Will these green shoots be allowed to grow and bloom?
Psychology shapes economic behaviour, with effects as wide-ranging as a run on a bank to a long-term investment. Today, the value of money rests as much on public belief as on policy.
With record increases in tuition fees at all levels, good schooling is becoming something only the rich can afford as the effects of the country's economic liberalisation reverberate
After a period of rapid price rises and surging interest rates, most of the world’s major central banks are now sufficiently confident about the trajectory of inflation to start bringing interest…
The outspoken outsider has gone from renegade candidate to radical president. He must use his charisma to overcome major challenges and deliver for his coalition of supporters.
With inflation impacting markets and international interest rates for more than a year, the outlook on inflation remains uncertain. However, the International Monetary Fund (IMF) expects most…
The World Food Programme will have to pull its general assistance for the country in January, at a time when it is needed in the war-torn country more than ever
When states are attacked, authority gravitates towards institutions capable of mobilising resources, enforcing discipline, and coordinating a military response
Cairo and Tehran have been at loggerheads since 1979, but the Iranian threat has always acted as a check on Israeli ambitions. If Iran is completely defeated, Israel will reign supreme.
Even if it stays on the sidelines of the US-Iran war, the country is fragile. Unlike larger economies that can absorb shocks in global markets, it has little room to cushion the impact.