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Peru's growth will remain sluggish this year

Location:

PERU

The economy is increasingly dependent on the mining sector and on mineral sales to China. The domestic economy remains hampered by depressed internal demand.

Bolivia’s nearing elections will shape economic policy

Location:

BOLIVIA

Faced with the diminution of foreign currency reserves, the government has taken steps to encourage exporters to repatriate the dollars they earn abroad and place them within the…

AI global surge creates environmental paradox

Location:

INT

This creates a paradox, since, while AI-generated solutions are crucial to help solve the climate emergency, their very deployment is also adding to the problem. To tackle this…

Brazil banks foresee renewed lending growth this year

Location:

BRAZIL

The Brazilian financial system, which is still dominated by five state and private banks, saw slower loan growth and worsening asset quality in 2023 due to high inflation and…

US weight-loss drug market will expand amid obstacles

Location:

UNITED STATES

Demand for the company's type 2 diabetes treatment, Ozempic, and its higher-dose version, Wegovy, has surged since November when the US Food and Drug Administration (FDA) approved…

French government faces a difficult fiscal dilemma

Location:

FRANCE

As a result of dwindling tax revenue, he also said that state spending would be cut by EUR10bn (USD10.8bn). The government’s forecast for this year is more optimistic than…

New term to bring new issues for El Salvador’s Bukele

Location:

EL SALVADOR

However, problems with the count have delayed an official result. Bukele, who has already served nearly a full term as president, circumvented a constitutional ban on re-election…

Different demand pictures dominate the outlook for oil

Location:

INTERNATIONAL

Markets have largely taken Red Sea trade disruption in their stride. Increased non-OPEC supply is expected this year, leaving the major uncertainty around the impact on demand of…

Varying economic performance metrics muddy the outlook

Location:

UNITED STATES

Estimates of income rather than output, of household rather than firms' employment, and of real rather than nominal wages often diverge, but the gap has widened since the…

Long Red Sea crisis would absorb shipping overcapacity

Location:

INTERNATIONAL

The capacity of the global container fleet grew by 7.9% last year but demand for container shipping was flat, triggering a cyclical downturn and a sharp drop in freight rates. All…