RaboResearch - Economic Research

Country Report

Kenya: climbing economy, sliding currency

Kenya’s economy continues to grow strongly, but the depreciating currency poses short term risks for inflation and debt service. In the medium term, elections in 2018 could give rise to increased ethnic tensions and result in civil unrest.

Economic Report

Iran: dealing with the deal

Iran’s nuclear deal will be a clear plus for its economy and its trade partners. Globally, the economic impact is mainly through lower oil prices. Geopolitically, it might increase tensions within the Middle East as Iran becomes more powerful.

Special

Oil: the Good, the Bad and the Ugly

The recent plunge in oil prices will be a net plus for the global economy. The pain will be felt by major oil producers and for some this may cause serious problems. However, we still expect the global economy to gain more than the losers will lose.