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Country Report

Country Report: Turkey

RIDING THE WAVE By Justin Keay Turkey’s economy has performed quite well, but reform is needed at home to build sustainable growth. Early August saw unprecedented turbulence on global financial markets, and Turkey’s was no exception. On ...

Country Report

Country Report: Russia

THREATENING THE ECONOMIC RENAISSANCE By Kim Iskyan Political uncertainty and continued dependence on oil exports are casting a pall over growth prospects in Russia. On the surface, Russia looks to be on the rebound. The macroeconomic situation ...

Country Report

Country Report: Spain

UPHILL BATTLE By Antonio Guerrero Spanish banks are struggling to regain momentum in the face of a sluggish economy and the need for further restructuring. Three years after Spain’s decade-long real estate bubble burst, the country’s banks ...

Country Report

Country Report: Portugal

Light At The End Of The Tunnel By Vanessa Drucker Portugal’s new political leaders have a plan to dig their country out of its deep fiscal hole. Portugal is about to receive a dose of strong medicine. ...

Country Report

Country Report: Ukraine

Uphill Struggle By Laurence Neville Ukraine’s recovery appears impressive, but structural cracks remain that could derail it. At first glance, Ukraine appears to be in fine health. Having been at risk of collapse in the first stage ...

Country Report

An Oasis Of Calm

COUNTRY REPORT: KUWAIT By Gordon Platt Kuwait has been largely unaffected by the winds of change sweeping through the Middle East and North Africa. In the 50 years since Britain ended its protectorate and Kuwait became an ...

Country Report

Early Days

COUNTRY REPORT: EGYPT By Justin Keay Egypt is still in the very early stages of transition, but if it can establish political stability, its economy should grow strongly over the coming years. If confidence really is the ...

Country Report

Country Report: Angola

ANGOLA: ON THE ROAD TO RECOVERY By Dan Keeler Ravaged by a 27-year civil war and buffeted by the recent global financial crisis, Angola has suffered more than its fair share of challenges. Undaunted, its leaders are striving ...

Country Report

Country Report: Libya

LIBYA: OPENING UP By Justin Keay As its economy slowly becomes more open, Libya is attracting the attention of a wider range of potential investors than just adventurous oil companies. In the old days of the Soviet ...

Country Report

Country Report: Lebanon

REFORM CANDIDATE By Justin Keay Sharply rising capital inflows and a stable banking sector have helped Lebanon achieve impressive economic growth. Maintaining it will require far-reaching reforms, though. Winston Churchill once famously described Russia as a riddle ...

Country Report

Country Report: Turkey

STAYING THE COURSE By Gordon Platt Turkey has bounced back from a sharp economic contraction to become one of the region’s best performers. Its prospects are brighter than ever. Turkey's constitutional referendum last month gave a boost ...

Banking

Features: Country Report – Saudia Arabia

SPREADING THE WEALTH Saudi Arabia's industrial base is already the largest in the Middle East, and its service sector is growing rapidly. By Gordon Platt With more than 20% of the world's oil reserves, Saudi Arabia stands ...