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Japan’s wage hikes will expand income gaps

Location:

JAPAN

Elevating stagnant wages is Tokyo’s top priority and anti-deflation tool, necessary in creating a virtuous cycle of rising prices and incomes that boosts economic growth.

Prabowo Subianto will build party support in Indonesia

Location:

INDONESIA

Defence Minister Prabowo Subianto won the poll comfortably, with nearly 59% of the vote. However, the parliamentary elections held concurrently went less well for him, with the…

The entwining of tariffs and US politics will continue

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UNITED STATES

With trade policy, particularly towards China, likely to have an unusually high-profile role in this year’s presidential election, there is a growing awareness of the extent to…

Competition in the AI value chain will be fierce

Location:

INT

This follows a similar launch by Databricks, a cloud-based AI data management platform. Companies along the AI value chain are increasingly launching new GenAI models to funnel…

Chinese firms will expand presence in South-east Asia

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CHINA/SOUTH-EAST ASIA

South-east Asia maintained its position as the largest recipient (40%) of China’s total Asia-Pacific engagement, which was valued at USD14.8bn, up USD12.4bn from 2022. In recent…

Ethiopia faces tough negotiations around IMF programme

Location:

ETHIOPIA

Addis Ababa must reach an agreement with the IMF to honour its commitments under its debt-service suspension agreement with official creditors. Thereafter, further talks will be…

Croatia will likely shift further to the right

Location:

CROATIA

The HDZ has begun preliminary coalition talks with the far-right Homeland Movement, which finished in third place. The election has exacerbated deep tensions between Prime…

US oil and gas sector stays strong under Biden for now

Location:

UNITED STATES

President Joe Biden has adopted a gradual approach to replacing fossil fuels with renewable resources, but a second term would see him under greater pressure to address record…

Pyongyang’s Beijing and Moscow ties will be complex

Location:

NORTH KOREA/CHINA/RUSSIA

The PoE has since 2009 reported regularly on North Korea’s violations of UN Security Council (UNSC) sanctions. Beijing and Moscow are resisting an ineffective UN sanctions…

Ecuador referendum raises Noboa re-election doubts

Location:

ECUADOR

Noboa’s order earlier this month to remove former Vice-President Jorge Glas (2013-17) forcibly from Mexico’s Quito embassy intensified opposition to his government from the…