February 9, 2018South Africa
The impending resignation of Jacob Zuma as president of South Africa was not necessarily unexpected following the defeat of his preferred candidate in the African National Congress’s (ANC) elections for party leader. However, it is happening more quickly than many observers predicted, including this one.
January 17, 2018U.S. Congress
This is a guest blog post by Anthony Carroll. Anthony is founding director of Acorus Capital, a private equity fund investing in Africa, and a vice president of Manchester Trade Limited, an internati…
September 15, 2017Eurozone
The eurozone countries collectively did far too much fiscal adjustment in 2011, 2012, and 2013. Germany joined in the consolidation in 2012, hurting the eurozone—and the world.
July 11, 2017Energy and Environment
The 2014 fall in global oil prices, from over $100 a barrel to around $50 a barrel, reduced the export proceeds of the world’s main oil- and gas-exporting economies by about $1 trillion. After a deca…
July 11, 2017Fossil Fuels
The best single measure of the resilience of an oil- or gas-exporting economy in the face of swings in the global oil price is its external breakeven price: the oil price that covers its import bill…