Category: Country Reports
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October 2024
A busy reporting period, where we are seeing an ineffectual second Iranian missile barrage on Israel. With the deaths of Nasrallah and all viable successors as leaders of Hezbollah, and Hamas severely depleted, Iran’s key proxies are neutralised. In the eyes of many of the Islamic Republic’s adversaries, this is a unique opportunity to strike…
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October 2024
The whole world is watching the Middle East as Israel launches attacks on Hezbollah in Lebanon and Russian owned assets in Syria while continuing its campaign against Hamas in Gaza and bombing Houthi targets in Yemen. This regional situation has done some damage to Egypt’s economy but, if we are honest, it has also brought…
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October 2024
September 2024 marked critical political and economic shifts in Mexico. Congress approved reforms to transfer the National Guard to military control and restructure the judiciary, raising concerns over increased militarization and governance. Despite these developments, investor confidence remains steady, fuelled by substantial foreign investments in the automotive, electronics, and technology sectors.…… Read the rest
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September 2024
The new president’s cabinet, while not as inclusive as fellow reformists would like, has at least been approved by the Majilis in a show of unity, under pressure from the Supreme Leader. Pezeshkian’s political honeymoon had barely started when he was faced with his first major crisis – responding to Israel’s assassination of Hamas leader…
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September 2024
Overview. Egypt’s role will remain pivotal in what comes next for the entire Middle East. President Sisi has the trust of western and Gulf leaders. He also commands the grudging respect of Israel and that is paramount to his unique position to be the man who steers his neighbours to some kind of middle ground.………
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September 2024
Despite promising financial responsibility and accountability in his election campaign, President Tinubu continues to fiddle while Rome burns. His government appear to be increasingly blind to the people they are supposed to be representing. Nigerians are becoming increasingly pessimistic about the economic outlook for their nation. Many are already digging into their meagre savings or…
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September 2024
President Tokayev will deliver his annual state-of-the-nation address on 2nd September. It will be calm, considered and relatively unexciting, which in these turbulent times will feel like a breath of fresh air. It has been a quiet summer in Kazakhstan but there was still work done to develop domestically as well as in wider regional…
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September 2024
August has been a pivotal month for Mexico, marked by significant political and economic developments with potential far-reaching implications. The actions of the ruling MORENA party, particularly regarding judicial reform and the proposed dissolution of autonomous institutions, have dominated the landscape. These moves have sparked concern among both domestic and international observers, highlighting potential risks…
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August 2024
The new president received the Supreme Leader’s blessing and was sworn in following the result of the election earlier in July. Conservatives in the military, political and economic realms have provided public advice to him throughout the month. Of these, the most predictable are the IRGC’s warnings to avoid seeking a return to negotiations on…
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August 2024
July in Mexico was dominated by the presidential election and the market's reaction. Any concern among the population (especially at higher socioeconomic levels) regarding immediate negative economic impacts currently appear to have been misplaced. The MORENA party won a decisive victory, and economically Mexico continues to benefit from the nearshoring trend brought about by global…