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Russia sees digitalisation as new technical revolution

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RUSSIA

The government is attaching high hopes to its digitalisation strategy to stimulate economic growth, increase government efficiency and improve people's quality of life. Despite…

As it considers regulation Canberra must also boost AI

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AUSTRALIA

Lack of a clear regulatory framework has been partially blamed for Australia’s relatively slow take-up of AI by the business sector. Although there is already a code of ethics for…

Indian corporations are unlikely to set up banks

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INDIA

The government and central bank are looking for ways to strengthen the country’s banking system, which is beset by low capital adequacy ratios (CARs) and rising non-performing…

Modi faces race against time to make reforms work

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INDIA

Modi came to power promising liberalising reforms and has staked his reputation on creating a USD5tn economy by 2024. The economy has taken a severe hit from the fallout of the…

Mexican government will seek to buy Banamex

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MEXICO

The move has further highlighted risks for international investors in Mexico under the administration of President Andres Manuel Lopez Obrador (AMLO), who appears to have…

Biden will continue to link trade and security in 2024

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US

Biden is primarily concerned about a loss of jobs in states crucial to his re-election, bid but the reference to national security, more usually associated with concerns about…

Economic plans may not stir South African government

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SOUTH AFRICA

Amid a surge of COVID-19 infections, however, the government appears focused on the health rather than the economic aspects of the crisis.

Cambodia’s Hun Manet will prioritise economy

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CAMBODIA

The Cambodian People’s Party (CPP) -- led by former premier Hun Sen, Hun Manet’s father -- won 120 out of 125 seats in the National Assembly, the lower house, in last July’s…

Mexican banks may post another year of record profits

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MEXICO

AMLO’s government recently shelved a plan to buy part of the retail banking operations of Citigroup’s local subsidiary, Banamex -- a plan that had caused concern among bankers and…

Colombia set for disappointing trade figures in 2020

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COLOMBIA

Colombia trade.