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Uganda Is Growing Fast. East Africa's Quiet Performers Deserve Attention.

Uganda Is Growing Fast. East Africa's Quiet Performers Deserve Attention.

While media attention has concentrated on the Middle East crisis and its consequences for large economies, East Africa has been quietly generating some of the strongest growth numbers on the continent and in some cases in the world. Uganda's economy expanded 8.5% year on year in the

Peru Votes With Nine Presidents in a Decade as the Backdrop

Peru Votes With Nine Presidents in a Decade as the Backdrop

On April 12, more than 27.3 million Peruvians went to the polls in one of the most fragmented and consequential elections in the country's recent history. With 35 candidates on the ballot and a record number of undecided voters heading into election day, no one expects a

Nigeria's Capital Inflows Nearly Doubled. Ghana Hits Its Lowest Inflation in Years.

Nigeria's Capital Inflows Nearly Doubled. Ghana Hits Its Lowest Inflation in Years.

Two of West Africa's biggest economies are posting numbers that would have seemed impossible three years ago, and the contrast with the chaos of 2022 to 2023 could not be sharper. Nigeria saw net capital inflows surge nearly 90% to $23.22 billion in 2025, driven largely by

Germany Is Borrowing Big and Betting It Will Work

Germany Is Borrowing Big and Betting It Will Work

Germany's parliament passed its 2026 budget with more than €180 billion ($208 billion) in new debt, a level surpassed only during the pandemic in 2021. The borrowing is made possible by two structural changes: a special €500 billion infrastructure fund and a new exemption allowing unlimited defence spending

China's Exports Are Surging Despite Everything

China's Exports Are Surging Despite Everything

China posted one of the most striking trade results in recent memory in early March. Exports grew 21.8% in US dollar terms in January and February combined, nearly triple the 7.1% growth analysts had expected and up sharply from the 6.6% recorded in December. The trade surplus

The Ceasefire Held, But the Strait Still Is Not Open

The Ceasefire Held, But the Strait Still Is Not Open

The two-week ceasefire between the US and Iran brought a wave of relief to markets on April 8. Oil fell sharply. Stocks surged. But four days on, the world is discovering that a ceasefire and a reopened strait are not the same thing. As of April 12, just seven

Argentina's Turnaround Is Being Watched Very Closely

Argentina's Turnaround Is Being Watched Very Closely

Argentina is the rare economy where things are genuinely getting better, and the speed of the improvement is catching the attention of policymakers well beyond Buenos Aires. After hitting inflation of nearly 290% in 2024, the country has brought that figure down toward low double digits through a combination of