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Climate needs and debt to hit lower-income states hard

Location:

INTERNATIONAL

Debt distress is related to both global financial conditions -- such as the strength of the US dollar -- and growing climate vulnerabilities. Greater attention and funding to…

Tunisia's economic challenges show no sign of abating

Location:

TUNISIA

The economic situation is challenging: unemployment was 16.4% in the fourth quarter of 2023, and work and business opportunities are limited. The government has avoided a debt…

Internationalisation of China’s renminbi will be slow

Location:

CHINA

Specifically, China would enhance infrastructural and institutional mechanisms for cross-border transfers, as well as boost the currency’s role in driving the real economy and…

Climate finance will grow but huge challenges persist

Location:

INTERNATIONAL

Climate investment globally topped USD1tn last year but remains well short of the estimated USD8tn requirement. Most funding goes to developed economies and mitigation projects…

End of post-1945 economic order bodes ill for growth

Location:

INTERNATIONAL

The system of international institutions to promote cooperation and open trade was built on the political preferences of a group of the world's wealthiest states. Over time, the…

Digital euro will launch but perhaps later than 2027

Location:

INT

The digital euro project is the most advanced central bank digital currency (CBDC) plan among Western economies. It promises enhanced strategic autonomy, faster payments and to…

Mexico will borrow heavily in 2024

Location:

MEXICO

Despite the unprecedented amount, demand for the bonds was substantial at USD21.3bn. The government has forecast a public sector borrowing requirement equivalent to 5.4% of GDP in…

Dinar ban will damage EU-led Kosovo-Serbia dialogue

Location:

KOSOVO

A Central Bank regulation reaffirming the euro as sole legal tender has alarmed Kosovo’s Serbs who see it as a direct threat to their existence and is jeopardising already complex…

Sanctions will increase risks for Russian economy

Location:

RUSSIA

However, although output has grown, a tight labour market and persistent inflation have created new problems. The reorientation of trade away from Europe has resulted in a…

Inflation and inequality to pressure Cuban government

Location:

CUBA

Price hikes for petrol, electricity, water and gas are among several adjustment measures that will drive up living costs, compounding already high inflation. Meanwhile…