Italy, Covid-19, and Debt: A Concoction Cocktail for a (European) Financial Crisis
As the second wave of cases hits Europe, including Italy, there is not much convincing required on the seriousness of the virus. The same cannot be said about the growing challenges in the Italian economy. Debt is flowing into an economy that already has its share of bad loans in the financial ecosystem but there is little concern. It is the covid-19 pandemic thus why worry about a European financial crisis, right?
Argentina: Nothing is Certain but Death and Taxes
Argentines are struggling with covid-19 and a three-year recession. The government currently completed a $65 billion restructuring and now wants to tax its way out of a recession…
Nigeria: NNPC’s privatisation should mimic Saudi’s Aramco
Can Nigeria’s President employ the strategy of Saudi Arabia’s Crown Prince in privatising a state oil corporation?
Middle East Sovereign Debt Levels Are Rising, But So What?
Middle East sovereign debt levels are rising, but so what? The question of whether the debt levels are sustainable is hard to answer…
Bolivia’s Left Will Win But Hopefully With a Different Economic Strategy
Bolivia’s left will win but hopefully with a different economic strategy. It is not clear who will fund the socialist agenda in the short-term…
The Indian Economy: Jio Is Great But What About Everything Else
Jio may be overhyping the economic success in India. But covid-19 is surely overshadowing the greater economic troubles for India. The silver lining of covid-19 is the opportunity for leadership to make comprehensive economic reforms…
Ethiopia delays elections: Is COVID a valid excuse?
American President Donald Trump explicitly floated the idea of delaying November’s presidential election by way of a tweet on 30 of July…
The Rajapaksa Brothers Now Face Their Biggest Challenge
Now, with victory in hand, the Rajapaksa brothers, Gotabaya and Mahinda, must prove that they can re-claim Sri Lanka’s magic of the last decade…the landslide election victory did not miraculously change the country’s financial and economic situation overnight…
Turkey is Struggling but So What
Like a prized fighter, Turkey and President Erdoğan fight on…
