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EU supply chain law faces major obstacles in Germany

Location:

EU/GERMANY

The vote was lost following Germany’s decision to oppose the directive, which encouraged others to abstain. There are only a few weeks left for the Council to vote again on the…

Pro-Bumiputera move will have mixed impact in Malaysia

Location:

MALAYSIA

The initiative is aimed at improving the socio-economic position of ethnic Malay and indigenous people, a sizeable majority in Malaysia. The Barisan Nasional (BN) alliance, led by…

Macron faces political risks over French fiscal woes

Location:

FRANCE

The government is highly dependent on steady GDP growth to meet its pledges on deficit-reduction and tax cuts. It was forced to implement EUR10bn (USD10.7bn) in emergency cuts in…

Gulf economies are on a stable track despite risks

Location:

GULF STATES

The IMF has revised downwards its forecast for Saudi GDP growth in 2024 to 2.7% but raised its 2025 forecast to 5.5%. This reflects a positive medium-term outlook for the Gulf…

Canberra will be tough on pricing but not on mergers

Location:

AUSTRALIA

Under pressure on cost-of-living issues, Canberra is reviewing competition laws to see what effect market dominance may be having in a handful of major sectors, including banking…

EU will be assertive with new trade defence tools

Location:

EU

First cases pursued under the FSR show it could be one of the most far-reaching of the strategic autonomy measures introduced under this Commission. One Chinese company has…

TikTok bill will widen US-China rifts

Location:

US

This act would ban TikTok in the United States unless its Chinese owner, ByteDance, sells the video-sharing app within 180 days of the legislation becoming law. TikTok is a…

Japan will be a policy pioneer for advanced nations

Location:

INTERNATIONAL

It took policymakers decades to tackle the consequences of the market crash, partly due to conservative caution; this experience has encouraged other states to be more…

Poland’s policy on farm protests may shift after polls

Location:

POLAND

The latest protests coincide with the Donald Tusk government’s first 100 days and scrutiny of his performance as prime minister. Most polls indicate continuing support for the…

Market concentration will remain high in Latin America

Location:

LATIN AMERICA

Markets in the region are characterised by the dominance of a small number of large firms, and the Bank believes that governments can spur growth by strengthening competition…