Middle East & Africa
Middle East & Africa
IMF: growth in sub-Saharan Africa remains modest and multi-speed
The IMF has forecast a tentative recovery in sub-Saharan Africa after 2016 saw growth in the region drop to its lowest level in two decades
Turkey’s war of words is mere puff – stability will supersede pride before real damage is done
Neither Turkey nor the EU will allow the diplomatic standoff to damage an important economic relationship
Iran applies sanctions to 15 US companies
Tehran has imposed a ban on 15 US companies in retaliation to President Donald Trump’s new sanctions
The DRC’s advantageous economic climate
The Democratic Republic of Congo’s economic development and commitment to social reform have given rise to a financial transformation in central Africa
How can emerging economies recover from the Dutch disease?
Low commodity prices are having quite the impact – Christine Lagarde even said that countries dependent on such Nigeria for example must now adapt to a “different phase” in the global economy
Emerging economies hold markets back in 2016
As if 2016 didn’t look gloomy enough for global markets, the World Bank has downgraded the year’s forecast for economic growth – thanks to widespread, ongoing slowdown across the world’s major emerging markets
Investors must approach Iran with caution, post sanctions
The Iranian Parliament has now approved the nuclear deal bill, and the US has given the go-ahead for conditional sanctions waivers
Could Africa steal China’s growth-story crown?
China has long been the major growth story but could Africa be stealing its crown?
Who will be sniffing around Iran post sanctions?
Iran is a country as populous as Turkey, with the natural resources of Canada and the wages of Vietnam – so it has huge potential. With its sanctions soon to be lifted, which way will it go economically?
Japan in recession fourth time since financial crisis
Stagnant wages and lack of business investment mean Japan’s economy has again fallen into recession
Africa shows great improvement in regulatory reform
The report, which ranks the ease of doing business, showed that Africa is leading the way in regulatory reform, while the BRICS economies are also becoming freer for business
IMF predicts Saudi Arabia will become bankrupt shortly
Given spending sprees and persistently low oil prices, the IMF argues that Saudi Arabia is heading for bankruptcy by 2020
Iran to issue short-term bonds
With the lifting of financial sanctions, Iran is offering Islamic T-bills
Iran’s resources give it powerful potential
World Finance spoke with Trita Parsi, President of the National Iranian American Council on how does Iran’s economy stands today and how will it change once sanctions are lifted?
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