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Rapid recovery will prove elusive in Argentina

Location:

ARGENTINA

The primary surplus (0.6% of GDP) was driven by a 35% real fall in primary spending, which offset a recession-induced 4.5% drop in revenues. Month-on-month inflation has also…

Turkey will face a long-term refugee problem

Location:

TURKEY

The EU has committed billions of euros to help Turkey deal with the impact of those refugees, but EU auditors said on April 24 that they could not determine the impact of that…

End of post-1945 economic order bodes ill for growth

Location:

INTERNATIONAL

The system of international institutions to promote cooperation and open trade was built on the political preferences of a group of the world's wealthiest states. Over time, the…

Turkey will reduce inflation gradually

Location:

TURKEY

Although the central bank has increased interest rates substantially since June 2023, the effects on economic activity and inflation have been limited. Prices and policy…

Reshuffle highlights economic concerns in Thailand

Location:

THAILAND

Pichai Chunhavajira, an experienced businessman who has held various important positions previously, was named as the new finance minister, taking over the role from the premier…

Global AI regulations will diverge

Location:

INT

Despite a strong Chinese push on AI innovation, Beijing’s regulatory approach to AI sharply contrasts with the approaches of Western digital economies, notably the United States…

Geothermal energy production will grow in East Africa

Location:

EAST AFRICA

The plan envisages a massive expansion of geothermal energy, through the sinking of 57 new wells across six major steam fields, which would make Kenya the world’s fourth-largest…

US aid bill's passage shows foreign policy fault lines

Location:

UNITED STATES

The Biden administration originally introduced the package in October, and its subsequent convoluted, and often stalled, passage through Congress demonstrates a range of complex…