NEWS

Latest updates

• Cybersecurity is the main short-term risk of digitalisation

  • The risks of a cyberattack are not new, but the accelerated pace of digitalisation has increased probability of such incidents
• Latin America gears up for rate cuts

  • otwithstanding continuing concern over the direction of the global economy, monetary policy easing is on the cards in Latin America this year
• Investor interest in Kenya’s renewable energy sector rises

  • Underlining the appeal of Kenya’s renewable energy sector to foreign investors, several new projects and deals have been announced in 2023 to date, focused on geothermal and wind power. Adding to the positive outlook, the government, in February,
• Kenya faces a potential debt repayment crunch in 2024

  • Kenya’s public debt burden is high but not excessive in a peer group context, with the external and domestic components each accounting for about 34% of GDP at end-2022, but the structure of external debt means servicing costs are relatively high.
• Global Outlook: Turkey’s upcoming elections

  • In EIU’s latest global outlook video, global forecasting director, Agathe Demarais, and senior analyst, Adeline VanHoutte, discuss Turkey’s upcoming elections and why they matter.
• Political instability likely to follow Turkish elections

  • The simultaneous presidential and parliamentary elections on May 14th will pit Mr Erdogan against the candidate of the opposition, Kemal Kilicdaroglu.
• Consumer-led economic slowdown to hit the US

  • US economic data sent mixed signals throughout the first quarter of 2023. These mixed signals suggest that the US economy is at a turning point, coming out of a year of robust, but unsustainable, growth in 2022 and heading into a slowdown.
• El Niño: South and South-east Asia’s 2023 wild card

  • El Niño is a weather phenomenon that develops from abnormally warm water temperatures in the Pacific Ocean; dominant effects for many Asian countries include unusual precipitation patterns and more extreme droughts or floods. The US National Oceanic and Atmospheric Administration projects an above 60% chance of El Niño development during the second and third quarters of 2023.
• China’s EVs make inroads in Europe

  • The analysis and forecasts featured in this piece can be found in EIU’s Country
• Monthly update: the consumer & retail sector in May 2023

  • From May 29th-June 1st over 175 countries will gather in Paris (France) for a second rebound of negotiations aimed at solving the world’s plastic pollution problem.

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