Articles

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• We forecast that economic growth in Mauritius will slow from 5.7% in 2023 to 4.5% in 2024, following a Q323 outturn of 4.8% y-o-y.
• Although private consumption will continue to drive economic activity, a slowdown in tourism sector growth and fading statistical base effects will cap growth.
• Inflation-related risks (due to higher

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• The Philippines is emerging as a new frontier LNG market attracting strong interest from LNG producers and traders.
• Lower spot LNG prices could encourage potential LNG importers to accelerate construction of LNG import terminals.
• Future LNG demand growth will depend to a large extent on further expansion of gas-fired power

Key View

• On December 22, the Office for National Statistics released the second estimate of UK Q3 2023 GDP, which saw two big revisions: growth in Q2 2023 was revised from +0.2% q-o-q to zero growth and Q3 from zero growth to -0.1%.
• In response, we have lowered our 2023 growth estimate from 0.5% to 0.3% while we held our 2024 forecast at -0.1

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• We forecast that Côte d'Ivoire’s economy will expand by 6.8% in 2024, up from a projected 6.2% in 2023.
• Private consumption will drive economic growth due to moderating inflation and a boost from the Africa Cup of Nations, although fiscal consolidation will cap this expansion.
• Meanwhile, fixed investment will continue to support the

Key View

• Growth in Latin America's autos market will slow in 2024 as pent-up demand fades and a challenging macroeconomic backdrop persists amid tight financial conditions.
• However, declining inflation levels across the region and the initiation of easing cycles by Latin American central banks will offer support to vehicle demand.
• In a

Key View: The Covid-19 pandemic saw a substantial global uptick in home improvement investments. In Latin America, the region’s high level of urbanisation and modest income levels meant that many households have sustained the demand for gradual home improvement investments and smaller DIY projects. The expansion of large regional and

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• Safety concerns continue to be a major challenge for CAR-T therapies, potentially affecting future regulatory approvals and widespread clinical adoption.
• Recent clinical data suggest a revival of AbbVie and J&J’s Imbruvica in mantle cell lymphoma, following an earlier withdrawal of the drug.
• Seagen's Adcetris and Bristol Myers

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• Although mixed in terms of results, the European Union meetings do suggest that existing divisions within the bloc will mean that finding agreement on key structural issues will be drawn-out and prolonged.

• Foreign policy issues particularly in terms of support for Ukraine will, in our view, remain a bargaining chip for

Key View

• We forecast that the Ghanaian economy will expand by 3.5% in 2024, up from a weak 2.7% in 2023, driven by stronger private consumption.
• Inflation will moderate substantially in 2024 – due to statistical base effects and stronger exchange rate dynamics – which will ease financial pressure on households and drive up domestic

Key View: North America's consumer electronics market, though mature, remains lucrative with significant levels of household spending. Growth is being driven by e-commerce, technological advancements, and the introduction of 5G, which spurs demand for new, faster devices. As preferences evolve, spending shifts from traditional items to innovative