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China’s economic targets will get trickier to achieve

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CHINA

The GDP growth target of 5% and the urban job creation target of 12 million are unchanged from last year, but harder to achieve as the post-pandemic rebound fades and large-scale…

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…

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…

Talk of nuclear power for Australia is election gambit

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AUSTRALIA

Dutton said in March that if the Liberal/Nationals coalition wins next year’s election, he will promote investment in small modular reactors (SMRs) on the site of existing…

Greek farmers will want sector profitability restored

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GREECE

In response to farmers’ protests across the EU, including in Greece in February, the Commission is considering allowing farmers more flexibility in complying with new…

EU will struggle to meet new climate targets

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EU

If approved, the targets will profoundly shape EU economic and environmental policy over the next two decades. The power sector will bear most of the decarbonisation burden to…

Australia emission standards will have limited impact

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AUSTRALIA

Although raising fuel efficiency standards as a means of reducing emissions has been a high-profile issue for the government, last-minute concessions to the automotive sector will…

Algeria is set for more renewable energy generation

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ALGERIA

In March, Sonelgaz awarded 19 contracts for the installation of almost 3 gigawatts of solar power generation capacity. Increasing the renewables mix in Algeria's energy balance…

South Africa faces fiscal reform challenges

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SOUTH AFRICA

However, there are question marks over his ability to deliver on the ambitious spending cuts needed as tax collection falls in a weak economy.

Australia's Liberals are not testing the government

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AUSTRALIA

Labor was concerned about losing Dunkley ahead of next year’s general election. However, although the Liberal-Nationals Coalition, the main opposition grouping, managed to…