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China’s army will step up reform efforts

Location:

CHINA

This was consistent with a long-running emphasis on preparing the PLA for future warfare that involves new types of informational and technological dynamics. One effect will be to…

Pace of economic growth in Belarus will cool

Location:

BELARUS

For the past year, growth was driven by growing exports to Russia and the easy availability of Russian loans. This contributed to robust growth in manufacturing and agriculture…

Gradual, steady growth will continue in Guatemala

Location:

GUATEMALA

While private consumption remained strong, driven by remittances and substantial bank credit growth, export performance weakened due to reduced US demand for maquila products…

Measurement issues impede tech change impact estimates

Location:

INTERNATIONAL

The TUC website “notes with caution” that a June 2024 Citigroup report speculates that “up to 54% of banking jobs and 48% of insurance roles could be displaced by AI.” Estimates…

Varying economic performance metrics muddy the outlook

Location:

UNITED STATES

Estimates of income rather than output, of household rather than firms' employment, and of real rather than nominal wages often diverge, but the gap has widened since the…

Romanian fiscal and external deficits will remain wide

Location:

ROMANIA

Romania is among the member states liable to the EDP. Although its debt is relatively low at 47.9% of GDP, Romania has wide budget and current account deficits, yet its tax-to-GDP…

Walz may help reorient the US Democratic campaign

Location:

US

While not an obvious choice as vice-presidential running mate for Harris, Walz offers connections to several elements of the coalition that makes up the Democratic Party and a…

Poland, Czechia and Hungary may join euro, but not yet

Location:

EASTERN EUROPE

The Denkov administration that took office in June has set adopting the euro as a top priority, and blames the previous interim government for Bulgaria’s unpreparedness to join…

US will keep new Sentinel ICBM despite rising costs

Location:

UNITED STATES

Years of rising costs and missed deadlines have culminated in the Air Force having to justify continuing with its new LGM-35A Sentinel ICBM, which is intended to renew the…

Singapore opts for pro-innovation governance of AI

Location:

SINGAPORE

To this end, the city-state wants to leverage its well-developed infrastructure, skilled talent pool and thriving technology ecosystem. Industry partners have welcomed the…