NIGERIA: Tussle over naira devaluation amid grim macroeconomic picture
During a foreign-press briefing on 22 March, Finance Minister Zainab Ahmed announced that the government had abandoned the official exchange rate and would instead use the market-based Nigerian Autonomous Foreign Exchange (NAFEX) rate. Although this would constitute the third de-… Become a member to read the rest of this article Username or E-mail Password […]
US/CHINA: Will human rights pressure derail progress on other issues?
After a rancorous start, closed-door talks in Alaska between top US and Chinese diplomats But gaps between the US and Chinese accounts of the meeting reflect the formidable political obstacles to repairing relations, especially in Washington. Significant progress tow… Become a member to read the rest of this article
ARGENTINA: Kirchnerismo engulfing moderate Peronism
While Finance Minister Martin Guzman is meeting with the International Monetary Fund (IMF)’s Kristalina Georgieva today, 23 March, recent events in Buenos Aires provide the best indication of the government’s political and economic direction of travel. Vice-President Cri… Become a member to read the rest of this article
Argentina: Tax Policy Has Gone Bananas
Few things reflect a divergence from normal countries’ policy choices than the proposals to modify the Income tax that are in Congress. We have already discussed in this report about the regressiveness of the elimination of Income tax for workers with salaries of up to 150,000 pe… Become a member to read the rest […]
MACRO: Policy responses to Covid-19
Below is our weekly summary table on the health and economic policies that selected governments around the world are implementing to counter the fallout from Covid-19. The updated table includes information about each country’s vaccination strategy. Please do not hesitate to cont… Become a member to read the rest of this article
TURKEY: Resurgent virus and vaccine worries could put tourism season at risk
Yesterday (22 March), Turkey recorded 22,216 new coronavirus cases, the highest daily number since mid-December, as cases continue to rise after restrictions were eased earlier this month. Meanwhile, there are growing concerns about Turkey’s ability to secure an adequate… Become a member to read the rest of this article