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Brazil's Central Bank will expand Pix payments system

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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…

Mexico budget could bolster Morena election hopes

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MEXICO

The package also contains revenue legislation and lays out key economic assumptions such as the projected oil price and growth expectations for the US economy. A new president and…

Wagner leader poses a threat to Putin’s Russia

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RUSSIA

On the back of his mercenaries’ success in Ukraine, he has used social media to berate the defence ministry, the general staff and Putin himself, albeit indirectly, as a doddery…

India’s ruling party will be relaxed about polls

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INDIA

The final phase will be on June 1. The National Democratic Alliance (NDA), led by Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP), aims to secure a third successive…

China’s military purge will impact efficiency

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CHINA

It does not reveal critical threats to President Xi Jinping’s authority, deficits that demand fundamental reassessments of the PLA’s development trajectory, or alter assessments…

Yemen's Huthis will have little interest in compromise

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YEMEN

It governs territory that is home to around 65-70% of the Yemeni population. With a coherent ideological programme, it has more control and unity than the Aden-based…

Jordan’s stalled economy risks rising social tensions

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JORDAN

The economy faces chronic problems of low growth, joblessness and declining living standards, resulting in periodic protests. Its heavy dependence on foreign aid, especially from…

Kenya finance bill reflects fiscal consolidation drive

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KENYA

President William Ruto wants to use this bill to increase government revenue to help manage the difficult fiscal situation. However, the bill’s critics warn it may aggravate an…

Canberra will be tough on pricing but not on mergers

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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…

Chile's obstacles to growth have no rapid solution

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CHILE

This will limit the country’s capacity to satisfy social demands. Moreover, a number of obstacles are likely to constrain growth beyond 2025.