Economy
Egypt
Recently released data from the Central Bank of Egypt (CBE) has once again highlighted the ongoing deterioration to the economy's external position, with the total stock of foreign...
2012-01-25Lebanon
Lebanon's trade deficit continued to expand at an alarming rate through September 2011, having increased to US$16.4bn compared to US$10.2bn in the same time period in 2010. Growth in...
2011-12-28Egypt
The risks of a full-blown balance of payments crisis in Egypt are steadily building. Indeed, the economy's external position is becoming increasingly precarious amidst the ongoing trend...
2011-12-22Turkey
Turkey's macroeconomic imbalances haTurkey's macroeconomic imbalances have spiralled towards highly precarious levels and we are now convinced by our long-held suspicions that monetary...
2011-12-13Egypt
Egypt's stock of foreign reserves continue to decline, with latest data showing the central bank's financial arsenal dwindling to only US$22.1mn by end-November, down 43.3% y-o-y. This...
2011-12-09Israel
The Bank of Israel (BoI)'s November 28 decision to cut its headline interest rate by 25bps to 2.75% shows that the central bank has made a rapid shift towards a dovish stance in recent...
2011-11-29Jordan
The outlook for Jordan's Amman Stock Exchange (ASE) continues to look bleak. Stubbornly high energy prices, political instability - both domestic and regional - and a soaring fiscal...
2011-09-22Egypt
We see little reason to change our long-held bearish outlook on the Egyptian pound at present. Trading at EGP5.9630/US$ on September 20, fundamental pressures on the unit remain firmly...
2011-09-21
