Diversification

Kazakhstan's Credit Rating Upgraded Due to Economic Diversification

7 months ago

Kazakhstan's credit rating has been raised by one notch by Moody's, attributed to the country's effective economic diversification. The new rating stands at Baa2, indicating a stable financial situation and progress in implementing structural reforms. Experts suggest that this upgrade reflects an improvement in the nation’s economic resilience and its potential for sustainable growth.

IMF Warns of Sharp Fall in Saudi Oil Revenues in the Coming Years

7 months ago

The International Monetary Fund (IMF) has issued a warning that Saudi Arabia is poised to experience a significant decline in its oil revenues throughout this decade. IMF forecasts suggest that the kingdom’s dominance in oil exports and the associated income may be jeopardized due to its persistent reliance on the hydrocarbon market. A key factor in this context is the increasingly competitive market for energy resources and the rising competition from other exporting countries.

New Directions in Global Supply Chains: The Role of the USA, China, and Africa

7 months ago

In recent months, the world has been facing significant changes in the structure of global supply chains. More countries are realizing the need to reduce dependence on China, especially regarding critical minerals. The USA, the European Union, and several other nations are forming alternative supply networks, with a focus on partnerships with African countries that have substantial reserves of these resources.