Flux Publicationshttps://economic-research.bnpparibas.com/Media-Library/en-US/Turkiye-export-competitiveness-under-pressure-4/28/2026,c44916francois.faure@bnpparibas.comTürkiyeEmerging EconomiesInternational TradeDue to the military interventions by the United States and Israel in Iran and Lebanon, emerging economies are experiencing financial strains: rising risk premiums, depreciation of their currencies against the dollar, and a decline in central banks’ foreign exchange reserves. As is often the case, Türkiye is once again in the spotlight due to the sharp fall in the reserves of its central bank. Tue, 28 Apr 2026 00:00:00 +0200© BNP Paribas - 2016https://economic-research.bnpparibas.com/Media-Library/en-US/Gulf-countries-severe-shock-strong-fundamentals-4/14/2026,c44856stephane.alby@bnpparibas.comGulf countriesInternational TradeEnergyThe announcement of a 15-day truce between the U.S. and Iran brings some relief, but it doesn’t yet mean the conflict is over. For Gulf countries, this is welcome news, though caution is still warranted. The fact is, key pillars of their economic model have been shaken by this conflict. That said, the impact varies from country to country. And crucially, the Gulf economies have remarkable resilience when it comes to weathering major crises.Tue, 14 Apr 2026 00:00:00 +0200© BNP Paribas - 2016https://economic-research.bnpparibas.com/Media-Library/en-US/Easing-liquidity-rules-regain-role-lender-last-resort-3/31/2026,c44798celine.choulet@bnpparibas.comUnited StatesFinancial regulationsBanking economicsThe US is pushing forward with banking deregulation. Following an in-depth review of capital requirements, the authorities have now prioritised easing liquidity rules, in a move aimed at restoring the Fed’s role as lender of last resort and potentially enabling it to shrink its balance sheet. Yet one key lesson from the March 2023 banking turmoil could potentially be overlooked: the need to expand the scope of liquidity regulations, which currently apply to far fewer institutions in the US than in Europe.Tue, 31 Mar 2026 00:00:00 +0200© BNP Paribas - 2016https://economic-research.bnpparibas.com/Media-Library/en-US/Conflict-Iran-commodity-prices-inflation-Eurozone-extent-risks-3/12/2026,c44774stephane.colliac@bnpparibas.comEurozoneInternational TradeInflationEnergyThe conflict in Iran has put an end to the moderation in commodity prices, which had helped to reduce inflation in Europe. This disinflation enabled the ECB to lower its key interest rate, which contributed to the rebound in growth in 2025. The conflict could reverse these trends, with the extent of the reversal depending on the still highly uncertain outcome of the conflict in the coming weeks.Thu, 12 Mar 2026 00:00:00 +0100© BNP Paribas - 2016https://economic-research.bnpparibas.com/Media-Library/en-US/AI-United-States-Jobless-Growth-2/24/2026,c44689anis.bensaidani@bnpparibas.comUnited StatesEmployment and labour market Economic growthArtificial intelligenceArtificial intelligence is emerging as a major driver of US economic growth. More specifically, expectations of sustained productivity gains and strong future profits are fueling the expansion. Tue, 24 Feb 2026 00:00:00 +0100© BNP Paribas - 2016https://economic-research.bnpparibas.com/Media-Library/en-US/Depreciation-US-dollar-scale-context-impact-2/10/2026,c44663helene.baudchon@bnpparibas.comUnited StatesEurozoneThe US dollar fell again markedly in the second half of January, particularly against the euro. What does this depreciation, which began in early 2025 and follows a long period of appreciation, reflect? What are its effects on the European economy?Tue, 10 Feb 2026 00:00:00 +0100© BNP Paribas - 2016https://economic-research.bnpparibas.com/Media-Library/en-US/Saharan-Africa-public-debt-stabilises-vulnerabilities-increase-1/27/2026,c44631lucas.ple@bnpparibas.comFiscal policyEmerging EconomiesSub-Saharan Africa has gone through 5 years of shocks that have weakened its public finances between 2020 and 2024. Over this period, public debt has risen rapidly, fuelling concerns across the region.Tue, 27 Jan 2026 00:00:00 +0100© BNP Paribas - 2016