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More upheaval may await Europe’s carmakers

Location:

EU

Speculation that Europe’s carmakers might be exploring partnerships to produce more affordable electric vehicles (EVs) and withstand global competition, particularly from China…

Any recovery from the UK recession will be very modest

Location:

UNITED KINGDOM

Government measures to boost the economy, including tax cuts in November, are having little effect. There is little scope for further stimulus in the March budget. Political…

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…

AI use in the fashion industry will proliferate

Location:

INT

Firms in this sector are deploying AI in functions as diverse as consumer behaviour analysis and product development to supply chain management and marketing. The fashion industry…

Regional tensions threaten West African food security

Location:

WEST AFRICA

This could worsen to an estimated 49.5 million people by mid-year as the lean season sets in between harvests. Meanwhile, over 100 million people could face food insecurity if…

Foreign exchange shortages will persist in Guyana

Location:

GUYANA

These difficulties have arisen despite the sharp rise in oil output to nearly 143 million barrels last year, from which the government received some USD1.6bn in revenues. Oil…

Rapid recovery will prove elusive in Argentina

Location:

ARGENTINA

The primary surplus (0.6% of GDP) was driven by a 35% real fall in primary spending, which offset a recession-induced 4.5% drop in revenues. Month-on-month inflation has also…

Slow and stuttering rebound for global manufacturing

Location:

INTERNATIONAL

Growth rates are strongest in the Americas, China, India and the Middle East. However, disruptions in the Red Sea and Panama Canal, and now the closure of the port of Baltimore…

Low savings limit Japanese spending and GDP growth

Location:

JAPAN

The economy slowed sharply in the second half of 2023. Consumption is lower than a decade ago, as a consequence of population ageing and insufficient savings, which reflects a…

Key rift is growing threat to stability in Philippines

Location:

PHILIPPINES

Furthermore, former President Duterte threatened the secession of the southern Mindanao island, the Duterte family’s political stronghold, if Marcos proceeds with plans to amend…