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Brazil labour market improves but doubts will persist

Location:

BRAZIL

Unemployment fell to 7.4% at the end of 2023. Despite a fall in the participation rate, the positive figures also show that over 100 million people are currently employed…

Inequality will have long-term impact in Latin America

Location:

LATIN AMERICA

Income inequality has also gone hand in hand with low social mobility and large disparities in wealth distribution. Reducing inequality remains complicated due to the economic…

Syria’s mild economic recovery faces major constraints

Location:

SYRIA

The economy is not showing serious ill effects from the overspill of the conflict in Gaza or recent aid cuts. The government may even have derived some additional financial…

Brazil's fiscal situation will improve gradually

Location:

BRAZIL

That followed a primary surplus equivalent to 0.5% of GDP in 2022. The negative result in 2023 was partly caused by exceptional circumstances, notably the early payment of…

Amazon rainforest faces existential climate risk

Location:

LATIN AMERICA

The situation, which began in northern regions, quickly spread, affecting the entire basin by September. Since January, large areas of the basin have been in a state of…

Brazil's Central Bank will expand Pix payments system

Location:

BRAZIL

The impact of Pix has been transformative for the financial system and the payments landscape in Brazil, and it has gained praise from the IMF for its positive impact on financial…

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…

South Africa faces fiscal reform challenges

Location:

SOUTH AFRICA

However, there are question marks over his ability to deliver on the ambitious spending cuts needed as tax collection falls in a weak economy.

China’s property downturn resolution will take years

Location:

CHINA

The housing market is experiencing its largest downturn, triggered by government action in 2020 to limit financial risks from the property sector by introducing debt ceilings for…

Australian foreign property rules are mainly political

Location:

AUSTRALIA

The new rules, which include steeper taxes on foreign purchases of existing domestic properties, are part of a Labor strategy intended to free up more housing stock. The…