European Cities Outlook: Only seven major cities return to pre-Covid GDP levels in 2021
We forecast that seven out of Europe’s top 30 cities will see their GDP return to pre-pandemic levels in 2021. The rest will have to wait until 2022, or in two cases, 2023. And of course, many uncertainties remain, with European governments continuing to battle to defeat the coronavirus.
To learn more about our predictions for the European cities, watch our video below. And, if you would like to learn more about this topic, complete the form to download the full report.
Big shifts are underway in Russia-China trade
Data for Q3 on the volume of China's imports of crude from Russia show a drop against the June level. Rather than an indication that China's demand has peaked, this may be a sign that China is preparing for the Russian oil price cap recently agreed by G7 by shifting some of its purchases to the grey market.Find Out More
Indonesia likely to miss fiscal target in 2023
We expect Indonesia's budget balance to show a large deficit in H2 of this year as the cost of fuel subsidies is finally reflected in the fiscal accounts.Find Out More