riskandforecast

Risk Watch

“Legislators” demand setting of an election date as tensions rise in the UAE

Members of the UAE legislature, the Federal National Council, are increasingly becoming vocal that no election date has been set....

UAE bans 800 large companies in breach of wage payment laws

The UAE ministry of labour has stopped 800 of the country’s large companies from hiring staff. This came as a result of the ministry’s efforts to address non-payment of wages to staff....
 
Yemen  18/03/10

Yemeni government closes Al Jazeera and Al Arabiya offices as riots rage

The Yemeni government has shut down the offices of major Arab broadcasters Al Jazeera and Al Arabiya, who provide the main source of news to the Yemenis....
Saudi Arabia  18/03/10

Saudi Arabia plans to launch stock market for foreigners

Saudi Arabia has indicated that it plans to move to allowing indirect foreign investment in its stock market, Tadawul....
 
Yemen  01/03/10

State of emergency declared in southern Yemeni provinces

The Yemeni government has declared a state of emergency in the south after policemen were killed. This was followed by widespread riots across the south....
Yemen  01/03/10

Gazprom may invest in Yemen

Russian Gazprom has indicated it might be interested in oil exploration in Yemen. With Yemen’s economy heavily reliant on oil revenues, which is rapidly dwindling, new finds are vital....
 
Risk Watch  01/03/10

Dubai World debt proposal still not finalized

Contradictory remarks by the Dubai government and Dubai World are further indication that issues of governance, transparency and communications are not being addressed....
Risk Watch  01/03/10

Nakheel may defer repayment of sukuks maturing in May

Nakheel has indicated that it may not pay back the Islamic bonds – sukuks, which mature in May 2010. A default by Nakheel could trigger an array of downgrades of Dubai government-related entities....
 
Risk Watch  01/03/10

Arabtec suspends Nakheel work

The stoppage of work by Arabtec on Nakheel projects indicate that the Dubai problems in general are far from over and that chances of a quick recovery are remote....
Kuwait  01/03/10

Crisis between government and parliament reignited in Kuwait

The filing of a request by a Kuwaiti MP against the information minister could trigger another confrontation between the government and parliament....
 
Bulgaria  19/02/10

Alexei Petrov Arrested in Bulgaria

Former State Agency for National Security (SANS) official Alexei Petrov was arrested on February 9 during a special operation codenamed "Octopus"....
Bulgaria  19/02/10

Bulgarian Missile Defence Row

PM Borisov must decide whether to risk angering Russia by deciding to host part of the US’s planned missile defence system....
 
Bulgaria  19/02/10

Bulgarian GDP Nosedives in 2009

Bulgarian GDP fell 5.1% in 2009 year-on-year – contracting for the first time since 1997, when GDP shrank 5.6%, according to preliminary data from the National Statistical Institute (NSI)....
Czech Republic  19/02/10

The Czech Election Race is Totally Open

The Czech Republic's election race is wide open: Two-, three-, or maybe even four-party coalitions are all possible, including the Communists taking part in a government lead by the Social Democrats....
 
Czech Republic  19/02/10

Election Campaign Does Not Favour the Czech Economy

The Czech economy unexpectedly contracted 0.6% in the fourth quarter of 2009. This followed two quarterly increases that had pulled the country out of recession....
Macedonia (FYROM)  19/02/10

United We Don’t Stand: Macedonia’s Ethnic Albanian Parties to Go It Alone

Macedonia’s ethnic Albanian parties rejected a plan to form a united ethnic-Albanian front against Prime Minister Nikola Gruevski’s government....
 
Poland  19/02/10

Polish Plan to Tackle Budget Deficit and State Debt Revealed

The government presented its plan to tackle the budget deficit and soaring government debt at the beginning of February....
Poland  19/02/10

Polish Politicking: See Donald (not) Run

Polish Prime Minister Donald Tusk announced that he will not run for the presidency later this year, spurring speculation on whom the Civic Platform (PO) will choose as a candidate....
 
Romania  19/02/10

Light at the End of the Tunnel in Romania

Romania’s economy is on the path to recovery at long last, but the government still faces a rough road ahead....
Romania  19/02/10

IMF Review Positive for Romania

Romania can expect the long-awaited third and fourth installments of its stand-by loan from the IMF after the Fund gave Romania’s economy a favorable review last month....
 
 

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