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Foreign automotive investment is still key for Turkey

Location:

TURKEY

Ankara is trying to strengthen its automotive industry at a time of rapid technological change, ever-tighter environmental regulations and growing competition from China. It…

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…

Foreign workers will ease Japan’s labour shortage

Location:

JAPAN

Near-stagnation in wages is difficult to reconcile with reports of a very tight labour market in which firms struggle to hire. The answer lies partly in much higher levels of…

Recovery of Russian consumption is likely to moderate

Location:

RUSSIA

Strong household demand, now restored to pre-war levels, mitigated the impact on GDP of falling exports last year. The consumer market is profoundly changed, with new brands from…

Ukrainian grain dispute is likely to drag on

Location:

UKRAINE

A glut of Ukrainian agricultural products has driven down prices in neighbouring countries, prompting several governments to impose unilateral import bans. Protests by Polish…

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…

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…

Hungary will ease immigration to meet labour shortage

Location:

HUNGARY

The poorly publicised law provides for an entirely new visa system, focused on streamlining guest-worker and skilled worker permits from third countries. It addresses an…

Brazil renewables will gain priority amid challenges

Location:

BRAZIL

Brazil has one of the cleanest energy matrixes in the world by international standards. However, the production of oil and oil derivatives continues to grow, and the country is…

China’s AI chip industry will grow but still lag

Location:

CHINA

China is working hard to boost its domestic AI chip industry in response to US restrictions. The support significantly impacts the development of its entire AI sector, the…