EIU News

EIU News

The Economist Intelligence Unit, a division of London's Economist Group, is the most respected provider of country analysis for governments, multi-national corporations and financial institutions around the world. Through our network of over 500 international contributor economists, we establish independent macro-economic outlooks and detailed reports on the political and commercial environments for over 200 countries around the world.

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NameDate
Norway economy: Economic growth set to accelerate in 2020Feb 18, 2020
...Norway's economy looks set to remain in solid shape over the coming quarters, with recent GDP data releases showing that economic growth surprised to the upside in the final months of ####. On a seasonally adjusted basis, quarterly GDP...
Colombia economy: Government targets fiscal deficit of 2.2% of GDPFeb 18, 2020
...Colombia's fiscal position continued to improve in #### as the central government's deficit narrowed to a six-year low of #.#% of GDP on the back of increased tax revenue-largely owing to accelerating economic growth-and...
India economy: The government will struggle to meet its fiscal targetsFeb 18, 2020
...With tepid growth anticipated for fiscal year ####/## (April-March), the government will miss its budget deficit goal for that year. Despite this poor record, the government decided to retain a fairly loose expansionary stance when it announced the...
Thailand economy: Tourism: the maker and breaker of Thailand's economyFeb 18, 2020
...Thailand is experiencing the type of economic slowdown not seen since ####. There had been tentative signs of a rebound from a dismal ####, but the coronavirus outbreak in China has derailed any such hopes. One major reason for this...
Europe economy: The impact of the coronavirus on the European economyFeb 18, 2020
...The unprecedented quarantine measures taken to halt the spread of a novel coronavirus originating in Wuhan, a city of ##.#m people in China's central Hubei province, will adversely affect the global economy. Europe will not be the worst...
Botswana economy: Quick View - Botswana sells licences for elephant-huntingFeb 17, 2020
...Event On February #th the Botswana government sold the rights to hunt ## elephants in its first auction since lifting the five-year hunting ban last year. Analysis In May ####, in a bid to address the increasing human-wildlife...
Norway economy: Quick View - New oilfield start-up gives industrial production a liftFeb 17, 2020
...Event According to Statistics Norway, industrial production (excluding construction) increased in December by a seasonally adjusted #.#% month on month, and #.#% year on year, adjusted for working days and public holidays. Manufacturing output displayed zero monthly growth...
Estonia economy: Quick View - Unemployment remains near record low in fourth quarterFeb 17, 2020
...Event According to Statistics Estonia, the unemployment rate increased to #.#% in the fourth quarter of ####, from #.#% in the previous quarter (the lowest level on record). It was nonetheless below the #.#% rate registered in...
Puerto Rico economy: Quick View - Governor rejects debt deal with creditorsFeb 17, 2020
...Event The governor, Wanda Vazquez, has declined to endorse a revised plan to restructure the central government's debt, which was announced by the Financial Oversight and Management Board (FOMB) in the second week of February. Analysis The FOMB deal...
Jamaica economy: Quick View - Government scrambles to meet FATF requirementsFeb 17, 2020
...Event The minister of finance, Nigel Clarke, has recently called for a national effort to improve the country's anti-money laundering (AML) and counter-terrorist financing (CTF) supervisory regime, to make them compliant with the requirements of the Financial...
MEA economy: Quick View - OPEC report shows production slumpFeb 17, 2020
...Event On February ##th OPEC published its monthly oil market report, which showed a sharp cut in members' production. Analysis OPEC's publication schedule is determined months in advance, but the closely watched survey eloquently made the case for the...
Nigeria economy: Quick View - CBN eases foreign-exchange restrictions for milk importsFeb 17, 2020
...Event The Central Bank of Nigeria (CBN) has exempted six companies from a ban on the purchase of foreign currency on the country's foreign-exchange market for the importation of milk and dairy products. Analysis In its statement, the...
Senegal economy: Quick View - Senegal prepares to combat coronavirusFeb 17, 2020
...Event In mid-February China's ambassador praised the government's decision to not repatriate Senegalese nationals from Wuhan, the centre of the coronavirus outbreak. He also appreciated Senegal's key role in African preparations for the possible arrival of...
Cayman Islands economy: Quick View - EU set to blacklist CaymansFeb 17, 2020
...Event The EU has announced that it will place the Cayman Islands on its blacklist of non-compliant tax jurisdictions, a decision seen by some as fallout from Brexit. Blacklisted countries face restrictions on EU funding and investments from the...
China/US politics: Quick View - The first-phase deal comes into effectFeb 17, 2020
...Event On February ##th the first-phase US-China trade deal came into effect. Analysis As part of its implementation, both sides reduced some existing tariff rates (from ##% to #%) that had been introduced in September ####, although other...
Pakistan economy: Quick View - Remittances rise in JanuaryFeb 17, 2020
...Event On February ##th the State Bank of Pakistan (SBP, the central bank) released data showing that inward remittances rose by #.#% year on year to US$#.#bn in January. Analysis The latest data suggest that remittances have...
Mexico economy: Quick View - Consumer sentiment picks up, but business remains downbeatFeb 17, 2020
...Event In January consumer confidence rose for the second consecutive month, suggesting an incipient turnaround in consumer demand. However, business confidence remains pessimistic. Analysis The consumer confidence index in January reached ##.# (with readings below ## indicating pessimism), representing...
Taiwan economy: Quick View -Government approves emergency budgetFeb 17, 2020
...Event On February ##th the premier, Su Tseng-chang, approved a special budget with a ceiling of NT$##bn (US$#bn) to cushion the domestic economy against the impact of the novel coronavirus (Covid-##) outbreak in China. Analysis The...
Mozambique economy: Quick View - Deal with Norway aims to sustainably develop gas reservesFeb 17, 2020
...Event On February ##th the governments of Mozambique and Norway signed a co-operation agreement aimed at developing Mozambique's oil and gas resources sustainably. Analysis The agreement was signed by Mozambique's foreign minister, Veronica Macamo, and Norway's...
Chile economy: Quick View - Inflation reaches 42-month high in JanuaryFeb 17, 2020
...Event According to data from INE, the national statistics institute, consumer prices increased by #.#% month on month in January, bringing annual inflation to #.#%-near the upper bound of the #-#% target range set by the...