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Russia's construction boom is likely to moderate

Location:

RUSSIA

The completion of residential housing units reached a post-Soviet record of 110 million square metres. This strong expansion in construction activity was demand-led, stimulated by…

The short-term impact of Canada's budget will be small

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CANADA

The budget keeps the deficit just inside prescribed limits despite an increase in new spending, by stepping up measures to boost revenue. Initiatives designed to target the…

South Korea will regain growth momentum

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SOUTH KOREA

Separately, the head of Samsung Electronics -- the cornerstone of the Samsung Group, which contributes around 20% of South Korea’s GDP -- has been cleared of wrongdoing in a…

China’s property downturn resolution will take years

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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…

Redistricting rows draw in US state Supreme Courts

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UNITED STATES

The Republican majority in the House will fall to just one next week when another resignation takes effect. Both parties have been using state legislatures to redraw constituency…

Trump AI policy would prioritise US-China competition

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US

Congressional gridlock has hitherto left the White House leading on US AI policy. On the campaign trail for November’s presidential election, the prospective Republican nominee…

Chilean government's pension 'win' will prove limited

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CHILE

However, its key provision -- an increase in the system’s defined contribution -- was rejected by the Lower House. The government will have to negotiate key parts of the bill…

Jordan’s foreign policy will echo domestic Gaza risk

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JORDAN

The Israel-Hamas conflict looms large in Jordanian public opinion, presenting possible domestic challenges to the government. It also places pressure on core foreign policy…

China set for near-5% growth amid imbalances and risks

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CHINA

Quarter-on-quarter growth accelerated to 1.6%, from 1.2% previously. A 6% year-on-year expansion in the secondary sector -- manufacturing and construction -- led the growth, while…

Biden will stress regional economic development work

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UNITED STATES

With the economy a central issue for many voters, Biden is stressing his administration’s focus on place-based economic development (PBED), an approach to shaping the economic…