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Iran will temporise over the broken pensions system

Location:

IRAN

The country’s system of pension funds has long been close to bankruptcy, but awareness of the urgency of the issue has increased over the past year. Nonetheless, proposed pension…

South Korean chipmakers’ competition will intensify

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SOUTH KOREA

Lee promptly returned to business, visiting the United Arab Emirates and Malaysia on February 6-11. Meanwhile, SE’s rival SK hynix -- flagship of SK, the second-largest chaebol -…

Gulf states: Western investment drive will accelerate

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GULF STATES

This trend was sustained in 2023 with USD23bn worth of investments in US markets alone. However, Gulf investments are subject increasingly to greater Western scrutiny because of…

EU sets out ambitious carbon management strategy

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EU

The proposals represent a major shift towards activism in the EU’s approach to Carbon Capture and Storage (CCS). Demand will come from storage sites and the production of…

Asia ‘ex-China’ investment will struggle for traction

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ASIA

There is sizeable demand for financial assets and products in Asia that exclude China. However, investor expectations that the US Federal Reserve (Fed) will not cut interest rates…

Sanctions will increase risks for Russian economy

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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…

Brazil-France alliance may boost Amazon efforts

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BRAZIL

The four-year investment plan aims to support bio-economy initiatives, the creation of a carbon market and the preservation of Amazon indigenous communities and their knowledge…

Slow growth may hit trust in Colombia’s government

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COLOMBIA

Government spending levels depend on those of individual ministries, some of which spent remarkably little last year, raising questions about budgetary decision-making. Recent…

Romania will not meet OECD goals by date set

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ROMANIA

The government regards joining the OECD as a national objective. Having opened accession negotiations in January 2022 and received its roadmap that June, the publication last…

Tourism to drive Belize economic growth amid slowdown

Location:

BELIZE

Real GDP surged by 15% in 2021 and 12% in 2022, then by 4% in 2023. With inflation easing, risks of social instability have probably fallen over the past year, but growth looks…