riskandforecast

Risk Watch

Kuwait  31/08/09

New labour law debate rages as Kuwait edges towards labour reform

Kuwait’s parliament has overwhelmingly passed in first reading an amended labour law....
Kuwait  31/08/09

Al Qaeda threat rises in Kuwait

There are indications that Al Qaeda may be planning to carry out attacks in Kuwait. US authorities have warned their citizens of possible attacks against western civilians....
 
Saudi Arabia  31/08/09

Al Qaeda attempts to assassinate Deputy Interior Minister

The attempted assassination of Prince Mohammed bin Nayef by Al Qaeda confirms that Al Qaeda and the traditionalist camp within the regime have more differences than there is common between them....
Risk Watch  31/08/09

Dubai government-owned entities in panic sale of assets

Dubai government-owned companies have embarked on major reforms and restructuring, as well as panic selling of assets....
 
Oman  31/08/09

Oman to privatize power stations

Oman announced plans to privatize and expand its electricity generation. Both moves will help Oman achieve its diversification plans for 2020....
Yemen  31/08/09

Sa’ada fighting continues as gov't admits lack of resources to combat Al Qaeda

Fighting between Yemeni forces and Houthi rebels continue in the north, with accusations that the Saudis and Iranians supporting the opposing sides....
 
Bulgaria  24/08/09

New Bulgarian Government Focuses on its Predecessor

The new Bulgarian government focused its first efforts on revealing corrupt practices of its forerunners. Measures to address the negative economic situation in the country started to be undertaken...
Czech Republic  24/08/09

Rising Deficit in the Czech Republic

The 0.3 percent Czech GDP-growth (comparing to the previous three months) was communicated as a success and as the first sign of the recovery, but it would be blindfolded to assume an upcoming trend....
 
Macedonia (FYROM)  24/08/09

Foreign Investment in Macedonia Shrinks

Foreign investment in Macedonia fell 50% Jan-May 2009 y-o-y. This trend adds weight and pressure to the criticisms against PM Gruevski’s government that it cannot handle the crisis well....
Bulgaria  24/08/09

Diplomatic Tensions between Bulgaria and Macedonia

Jailing a Macedonian resident with Bulgarian citizenship is causing diplomatic tensions between the two countries....
 
Poland  24/08/09

Mixed news on the Polish Economy

Poland continues to be the most mildly affected economy in the region by the crisis, although the government’s attempts to plug the holes in the budget could sharpen the political conflicts....
Romania  24/08/09

Romania-IMF Deal Struck

Romania and the IMF amended the loan deal to allow for a larger budget deficit. However, the intensifying campaign before the upcoming presidential elections can further delay stabilizing measures....
 
Romania  24/08/09

Campaign amid Economic Hardship in Romania

The presidential candidates’ campaign went on also during the stay of the IMF mission in Bucharest....
Slovakia  24/08/09

GDP Shrink in Slovakia in the Second Quarter

Slovakia's GDP shrank by 5.3 percent year-on-year in the second quarter of 2009. ...
 
Slovakia  24/08/09

Intensifying Coalition Conflicts in Slovakia

Robert Fico decided to ignore the agreement between the ruling coalition parties on ministry appointments after dismissing the Environment Minister....
Dubai  15/08/09

UAE Scrapped Minimum Capital Requirement for New Companie

The UAE has scrapped the requirements for new companies to have a minimum capital of Dh 150,000. This will contribute to encouraging new businesses and entrepreneurs to set-up in the UAE....
 
Saudi Arabia  15/08/09

Pilgrimage Season Could Cause Surge in Swine Flu Infections in Saudi Arabia

The start of the pilgrimage season in Saudi Arabia will likely see a surge in swine flu infections in the kingdom, threatening public health and the economy....
Yemen  15/08/09

Civil War looms on the Horizon in Yemen

The start of the “sixth” civil war in Saada will stretch the resources of the government even further. The government is being gradually weakened and it seems it is in need of foreign assistance....
 
Saudi Arabia  05/08/09

Saudi Festival Canceled at the Last Minute

A well-publicized film festival canceled at the last minute. This indicates that traditionalists within the royal family are still willing to appease the more extreme religious elements...
Yemen  31/07/09

Yemen to Start Shipping Liquefied Natural Gas

Yemen will start shipping Liquefied Natural Gas from Balhaf. The Total-led project will generate significant income for the Yemeni government, which is struggling with dwindling oil resources....
 
 

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