Senior Practice Director
Thomas Gratowski

Thomas leads Global Counsel’s macro team and is the head of GC’s MENA office in Doha. He joined Global Counsel from the World Bank, where he was a consultant, focusing on country strategy in the Middle East and North Africa. He has also worked for a member of the German Bundestag, and a research project of the National Bureau of Economic Research.

Thomas advises clients on macroeconomic and geopolitical developments, in particular in Europe, the Middle East and North Africa. He provides strategic advice for clients with an interest in the Gulf, and helps European corporates understand sanctions, political risks and commercial opportunities in Iran. He has also helped investors in the energy sector assess political and macroeconomic risks in North Africa. Thomas also supports Global Counsel’s Brexit work with macroeconomic analysis and covers European political developments with a focus on Germany. Besides native German, he also speaks French and is conversant in Arabic.

Latest Insights by Thomas Gratowski

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How an international embargo against Russian oil could work

Trade & Manufacturing

What seemed the most extreme of scenarios three weeks ago is now slowly becoming a reality: an embargo against Russian oil exports. Joe Biden, the US president, has announced that the US would ban the import of Russian oil and the UK’s business and energy secretary, Kwasi Kwarteng, has said Britain would phase out Russian oil imports by the end of 2022. These…

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The Ukraine invasion - a global perspective

General Policy

On Wednesday morning, Russian troops entered Ukraine. As stressed by policymakers in London, Washington, and Brussels, everything is now on the table in terms of further sanctions against Russia. Whatever new measures might ensue-and depending on Russia’s counter-response-the immediate costs and possible risks for investors and corporates in the region have never been…

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Road to recovery dashboard

General Policy

Global Counsel’s recovery dashboard takes the pulse of the global economy. It shows how hot or cold the current recovery is in historical perspective with regards to industrial production, trade, confidence and growth. The dashboard also draws on high frequency data to show the current state of disruption and rebound in G20 economies. In addition, it relies on latest…

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