International Markets Archive

Ukraine’s economic outlook stands conditional based on a number of factors: The destruction of energy infrastructure, logistical mishaps, a difficult labor market and high security risks.

Venezuela faces worsening economic and political hardship after President Nicolás Maduro’s election, sparking global outcry over corruption and persistent economic problems. The United States has firmly halted any efforts to ease sanctions and is expected to intensify these measures unless President Maduro resigns.

Global supply chains are a key source of economic stimulation with the ability to generate billions of dollars in global markets. The purpose of supply chains is to improve efficiency, reduce costs and increase revenue through competitive advantage. However, the entire system of supply chains is contingent on consistency—so what happens when there is a disruption?

The U.K. economy continues to defy gloomy expectations, albeit just barely. A monthly survey of economists conducted by the U.K. Treasury shows the average forecast for GDP growth over 2024 has gone up from 0.4% in January 2024 to 0.9% in July 2024.

Egypt’s economic growth is set to be slower than expected this year after an $8 billion agreement was signed with the IMF in March, according to a Reuters poll of 17 economists. Gross domestic product (GDP) is now forecasted to grow 4%—down from a previous 4.35%.

China’s economic recovery this year has been lackluster due to production outperforming consumption. Experts say vigorous exports and favorable government policy toward manufacturing are the main contenders.

Mexico’s economic state remains impacted by several external and domestic uncertainties in addition to a recent volatility surge in the local currency market. Gross domestic product (GDP) is expected to rise 2.2% this year and 1.9% in 2025. The consensus view for next year was downgraded from a forecast of 2.1% in a January poll, according to Reuters.

The Turkish government has struggled to tame inflation for the past year. Inflation sits at 70% despite an interest rate of 50% from Turkey’s central bank. Why it matters: Turkey may be forced to sacrifice economic growth as it tries to lower inflation.