Category: <span>Economic</span>

Problems Facing the Ukrainian Economy
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Problems Facing the Ukrainian Economy

On May 13, the Ukrainian parliament adopted an important anticorruption bill that opens up the door for a much needed IMF loan by reforming the banking sector. The IMF loan will be crucial for Ukraine to meet its debt obligations this year and deal with the economic impact of COVID-19. Besides corruption, the country faces...

Covid-19 | Entry Restrictions
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Covid-19 | Entry Restrictions

States are imposing extraordinary travel restrictions to limit the spread of the coronavirus. In the last couple of days, the world has fragmented into national islands. In a majority of the countries, travellers (apart from their own citizens) are barred, either directly or indirectly. Nonetheless, whereas the movement of people has been restricted, the trading...

Oil Price Slump
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Oil Price Slump

After last week’s OPEC+ meeting failed to reach an agreement, an oil-war has been started. Although Saudi Arabia has low production costs, its government is highly reliant on oil revenues facing budget cuts. The US faces opposite challenges, where private producers have relatively high costs, the government is not reliant on oil revenue. Russia has...

Covid-19 | China vs. Rest of the World
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Covid-19 | China vs. Rest of the World

The Covid-19 virus started in China and has since spread to all continents. In the last 10 days, about a third of total confirmed cases have recovered in China, while in the rest of the world both the percentage of new cases and recoveries grew at a similar rate. As a result, the situation in...

New European Gas Pipelines
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New European Gas Pipelines

Greater competition between gas supplying countries can be expected over the next decade. Gas is an important fuel in the European energy mix and as such the continent is depended on gas imports. Therefore, gas infrastructure projects are still being developed especially in the Mediterranean where gas exploration has led to new findings of the...

Grand Ethiopian Renaissance Dam
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Grand Ethiopian Renaissance Dam

Today, we focus on the Grand Ethiopian Renaissance Dam and the trilateral meeting on the dam that is taking place today and tomorrow. The dam is highly beneficial for Ethiopia, set to triple electricity output, provide power to 74% of the population and create over 12,000 jobs. For Sudan, the dam will provide more energy...

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