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India and Egypt rare bright spots amid stalled growth in emerging markets

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 Insights

Jan-19 The recovery in emerging market and developing economies has stalled. India is a bright spot where strengthening investment and robust consumption will drive 7.3 percent GDP growth. East Asia remains a fast-growing region but growth will moderate to 6 percent in 2019 as global demand slows and financial conditions tighten. Brazil is forecast to lead Latin America with 2.2 percent growth. And in MENA, while GCC oil exporters accelerate to 2.6 percent growth they will be outstripped by Egypt at 5.6 percent thanks to reforms. [image: World Bank]

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Qatar acquires Mexican acreage after OPEC split

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 Insights

17-Dec-18 Qatar Petroleum is buying stakes in three offshore oil blocks in Mexico from Eni SpA, as Qatar expands after leaving OPEC. Global oil majors are attracted to the Mexican side of the Gulf as new blocks are opened for development. [image: Chris Ratcliffe / Bloomberg]

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South Africa government losing millions to trade mis-invoicing

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 Insights

21-Nov-18 The South African government has lost an estimated USD37 bn from 'misinvoicing' between 2010 and 2014. The losses can be traced back to the practice of misinvoicing, where companies illicitly misrepresent the value of cross-border trade on an invoice. [image: Pymnts]

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