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Lack of digital skills dampens Latin America's outlook

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LATIN AMERICA

Evidence increasingly indicates that the region’s limited progress in the digital economy is caused less by poor connectivity than by the lack of digital skills among its…

China's unsettled data rules create regulatory risk

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CHINA

It will focus on the role of data in economic and social development. Meanwhile, the incomplete and sometimes incoherent implementation of new regulations governing data…

China's global initiatives will evolve

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CHINA

The summit marked the tenth anniversary of the government’s flagship Belt and Road Initiative (BRI). Beijing revised the BRI’s emphasis from large-scale infrastructure projects to…

Brazil banks foresee renewed lending growth this year

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BRAZIL

The Brazilian financial system, which is still dominated by five state and private banks, saw slower loan growth and worsening asset quality in 2023 due to high inflation and…

IPEF failure will hurt US firms on digital trade

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UNITED STATES

Although it does not have the force of law, the IPEF Supply Chain Agreement, along with the associated IPEF Critical Minerals Dialogue, is expected to strengthen chains of…

Mexican banks may post another year of record profits

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MEXICO

AMLO’s government recently shelved a plan to buy part of the retail banking operations of Citigroup’s local subsidiary, Banamex -- a plan that had caused concern among bankers and…

EU-US code of conduct on AI will have global influence

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INT

The code, likely to be the most influential among all similar initiatives, will complement the G7 ‘Hiroshima AI process’ for generative AI (GenAI). It will establish non-binding…

Anti-disinformation approaches will proliferate

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INT

However, these efforts are neither universally applied nor commonly accepted. The proliferation of frameworks to combat disinformation demonstrates shared motivations among…

Delhi will step up outreach in Global South

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INDIA

In September, India hosted the G20 summit for the first time. It has throughout its G20 presidency sought to position itself as a bridge between developed economies and fellow…

Western Balkan regional integration to advance slowly

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WESTERN BALKANS

The EU-sponsored Berlin Process aims to build a Common Regional Market (CRM) in order to resolve outstanding conflicts, foster growth and advance economic integration among the…