Middle East / Africa
Kenya cabinet reshuffle will miss the mark
The president has named a new cabinet following mass protests but without deep reforms
KenyaKuwait will face challenges funding its fiscal deficit
Kuwait’s fiscal account fell into deficit in fiscal year 2023/24
KuwaitChaotic mediation dims prospects of ending Sudan’s war
A multitude of international peace initiatives have had no noticeable impact on the ground
SudanChinese investment in the Gulf states will rise
Investment by China in countries of the Gulf Cooperation Council is evolving
Gulf statesRiyadh will move to bring down Yemeni tensions
Defying expectations, rival Yemeni groups reached an agreement to de-escalate
Saudi ArabiaIraq will reshape foreign military ties
Baghdad is reportedly seeking a timely withdrawal of coalition forces and is seeking better security links with Turkey
IraqLebanon’s economic issues will remain unaddressed
Fitch has withdrawn Lebanon’s ratings because of a lack of up-to-date data
LebanonInterest rates cuts unlikely until 2025 in Turkey
Interest rates remained steady as the central bank remains committed to tight monetary policy
Turkey
