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SAUDI: Government spending supports non-oil economy and requires further debt issuance
The sharp slowdown in GDP growth in Q1 was due to voluntary oil production cuts and is not an immediate cause for concern. More positively, government spending in 2018 fed throu...
Russia is de-centralizing national projects
On July 15 Prime Minister Dmitry Medvedev announced that he wished to transfer decision making on the 12 national projects to independent committees. Until now decision about th...
Primer on Pemex Business Plan: general overview is not promising
This morning the head of Pemex (Octavio Romero), made some general remarks about Pemex Business Plan, that was yesterday unanimously approved by Pemex Board (in absence, but wit...
Former President Jacob Zuma finally honors the State Capture Commission’s request to face the nation
In the State of Capture 2016 report by the ex-Public Protector, Thuli Madonzela, the former President, Jacob Zuma, was found to have been the key role player in state capture. ...