Western countries haven't imposed sanctions on Russian fertiliser exports, but the Kremlin claims trade is hampered by difficulty processing payments, and obtaining vessels and insurance
The first investments are due to begin in six counties in sub-Saharan Africa in 2025.
World trade has been falling, but we still expect growth to return this year. We do notice large shifts in world trade as advanced economies – especially the US – are diversifying input sourcing.
Amid a downgrade to the IMF’s global growth forecast, EM sovereigns should remain resilient with areas of relative growth outperformance, easing pressure on commodity importers and fiscal reform momentum.
Food and energy prices surged to near historic highs in recent years amid the pandemic and the war in Ukraine, which prompted major supply disruptions. This was accompanied by a sharp rise in the volatility of commodity prices as well.
Landmark report urges nations to urgently start fixing water waste and start managing water as a common good with neighbours.
Putin took time out from meetings with Chinese President Xi Jinping who had just arrived in Moscow for a three-day state visit to speak to lawmakers from more than 40 African countries and woo them with generous promises of economic and military aid
According to the latest report from the International Energy Agency, CO2 Emissions in 2022, global energy-related carbon dioxide emissions rose by less than 1% in 2022.