ECB and Fed to delay rate cuts to sustain disinflation

The timing of the US/EU policy pivot to rate cuts is uncertain; rising euro-area expectations and wages raise concern

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India budget shows commitment to fiscal prudence

The interim budget presented this month surprised many observers because of its lack of pre-election populist measures

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The ruling Justice and Development Party (AKP) wants to reclaim major cities in the upcoming March 31 local elections

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Though official results are not yet confirmed, the former president has clearly secured re-election

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Reforms are inevitable but will be politically sensitive, and public discontent is increasing

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The Labor government is targeting foreign owners of property as part of efforts to ease the housing affordability crisis

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Moscow is seeking to turn what has historically been a transactional relationship into something deeper and enduring

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Banking sector profitability surged from RUB199bn (USD2.2bn) in 2022 to around RUB3.3tn in 2023

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Tougher fiscal targets agreed with the IMF risk deepening recession this year

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Economic diversification is the sultanate’s top challenge

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