Dec. 12, 2016 Major countries will see economic downturns due to low oil prices and a declining export market.
The United States
The Middle East
Long-Term Technological Transformation
Our 2017 forecast includes projections for several regions. Here are some highlights.
The United States:
U.S. foreign policy will shift toward nationalism and this will change U.S. relationships throughout the world.
The U.S. will not experience a recession in 2017 but will show signs of one by the end of the year.
The U.S. will seek to enforce or renegotiate trade dea...
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Nov. 18, 2016 Sub-Sahara Africa’s natural resource deposits are a key feature that tie the region into mainstream geopolitics. Countries in the region have historically depended highly on export of raw materials, which fueled economic growth in industrialized economies.
This strong dependence on the sale of natural resources has also made many Sub-Sahara African countries very susceptible to the exporters’ crisis – both in terms of falling commodity prices and lower demand from major customers like China. Nigeria’s oil and gas sector accounts for about 35 percent of GDP, while hydrocarbons account for about 45 percent of Angola’s GDP. Oil and petrol account for 90-95 percent of exports in both countries. The price of other commodities, including gold, iron ore, platinum and copper, has remained low. Production of these materials figure prominently in the GDPs of South Africa, the Democratic Republic of the Congo (DRC), Zimbabwe, Zambia and Mozambique.