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US WTO reform proposals will gain little traction

Location:

UNITED STATES

Tai will continue to make the Biden administration’s case that the WTO needs reform to make it fit for purpose in the 21st century. Opposition to reform will come from India and…

Sanctions will increase risks for Russian economy

Location:

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…

Exclusion will undermine Brazil’s carbon market plan

Location:

BRAZIL

While this could help decarbonise the country’s industry and attract investments in offsetting projects, the exclusion of the agriculture and livestock sector from the…

Romania will not meet OECD goals by date set

Location:

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…

EU sets out ambitious carbon management strategy

Location:

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…

Farmer concerns will shift EU climate policy

Location:

EU

The European Commission has agreed to dilute some green deal policies affecting agriculture, but the concessions do not appear to have convinced farmers, who pledge to continue…

Central bank moves may check Nigeria's currency fall

Location:

NIGERIA

These aim for tighter CBN control over the parallel market. The CBN is also seeking to stabilise the currency through bond issuances, cryptocurrency crackdowns and other schemes.

Central US treasury clearing marks substantial change

Location:

UNITED STATES

One change will be that FICC members -- typically big banks and broker-dealers -- must settle their clients' treasuries trades through the clearing house. This is critical to the…

Japan will be a policy pioneer for advanced nations

Location:

INTERNATIONAL

It took policymakers decades to tackle the consequences of the market crash, partly due to conservative caution; this experience has encouraged other states to be more…

DUP crisis threatens Northern Irish stability

Location:

UNITED KINGDOM

Gavin Robinson has taken over on an interim basis, and will probably lead the party into the UK election later this year. The nature of Donaldson’s departure poses significant…