Middle East / Africa
Burundi opposition woes distract from CNDD-FDD crisis
The authorities have suspended the main opposition party but the ruling party is also in crisis
BurundiIraq’s three-year budget will promote state capture
The passage of a mega-budget covering 2023-25 offers short-term stability but subsequent major risks
IraqViolent protests may recur in Senegal
Major violent protests erupted in Senegal in early June in response to the conviction of opposition leader Ousmane Sonko
SenegalGulf railway investment could promote more integration
Stronger oil revenues have reinvigorated railway spending in the Gulf Cooperation Council (GCC) countries
Gulf statesZimbabwe may struggle to resolve its economic crisis
The country's economic crisis is worsening just months ahead of August elections
ZimbabweEnergy spending plans signpost more market volatility
Oil market investment trends suggest greater cartel control of the oil market as demand for the fuel peaks and declines
InternationalLimited resources will check BRICS financial clout
The BRICS group offers a different development model and has increased cross-border payments in non-US dollar currencies
InternationalTurkey's return to economic orthodoxy may waver
President Erdogan has indicated that he will support a return to orthodox economic policies
Turkey
