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Jason Tuvey

Jason Tuvey latest

The Repercussions of the US-Iran Tensions on Global Economy, Oil Market
January 5th, 2020 - 07:11 GMT

The Repercussions of the US-Iran Tensions on Global Economy, Oil Market

The growing tensions between Iran and the US will aggravate situations in developed and emerging countries, and across different sectors. Analysts estimate that inflation will jump and emerging economies will face a balance of payment crisis, while oil will bear the brunt if a US-Iran war breaks out. More importantly, global economic economy could spiral out of control. Tensions in the region have been running high since Friday following the ...
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Turkey saw an annual hike of 9.26% in consumer prices in September
October 23rd, 2019 - 09:00 GMT

Economists: Turkey’s Central Bank to Cut Interest Rates

The sell-off has increased the cost of food and petrol and raised fears about the impact on the country’s wider economy and banks. (Shutterstock)
September 3rd, 2018 - 07:59 GMT

Turkey Rises Gas, Power Prices by 14 Percent

Consumer prices rose by 2.2 percent year-on-year in July compared to 2.1 percent in June, an increase driven by increasing food prices, particularly vegetables. (Shutterstock)
August 29th, 2018 - 11:36 GMT

Rising Food Costs Push up Inflation Rate in Saudi Arabia

Sanctions against Iran were reimposed by Donald Trump in an executive order this week. (
August 8th, 2018 - 06:43 GMT

Trump Asks Countries to Pick a Side; Business With Iran or US

Saudi Arabia will introduce its first comprehensive bankruptcy law on August 18. (Shutterstock)
July 15th, 2018 - 11:46 GMT

Bankruptcy Reforms to Overhaul the Saudi Economy

Bahrain’s dinar recovered from 17-year lows and its bond prices rebounded after GCC allies promised to avert debt crisis. (Shutterstock)
June 28th, 2018 - 11:48 GMT

Bahrain Bond Prices Recover After Gulf Allies Support Pledge

Most economists agree that Erdogan’s policies caused the rout. (CPI Financial)
June 26th, 2018 - 08:35 GMT

Erdogan's Hot Election Economy Risks a Meltdown After His Win

Khalid Al-Hussan, Chief Executive Officer of the Saudi Stock Exchange (Tadawul), speaks during a news conference after the inclusion of MSCI EM to the Saudi Stock Market in Riyadh, Saudi Arabia June 21, 2018. (Arab News)
June 21st, 2018 - 11:23 GMT

Saudi Stock Exchange Cheers MSCI Emerging Market Upgrade

Saudi Arabia's aim is to increase the private sector contribution to gross domestic product from 40 percent to 65 percent by 2030. (Shutterstock)
April 26th, 2018 - 07:20 GMT

Saudi Makes Ports, Schools and Hospitals Priorities in Privatization Plan

Inflation leapt to 3 percent year-on-year in the immediate aftermath of the introduction of a 5 percent VAT charge in January. (Shutterstock)
April 25th, 2018 - 07:08 GMT

Saudi Inflation Starts to Decline as VAT Impact Lessens

Jason Tuvey, Middle East analyst at Capital Economics, said that recent price hikes for fuel and power, and VAT, would affect expats more than Saudi citizens. Here's why. (AFP/ File)
January 17th, 2018 - 10:13 GMT

VAT, Price Hikes Will Affect Expats More than Saudis: Report

A man serving tea in Cairo. (Shutterstock/ Orhan Cam)
March 21st, 2017 - 05:00 GMT

Inflation rate in Egypt hits highest level in 30 years

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