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War in Ukraine will impel Kazakhstan to diversify

Location:

KAZAKHSTAN

Kazakhstan’s economy has weathered well the turbulences created by the war in Ukraine. A new context for the country’s traditional aspirations to balance and diversify economic…

Vietnam will likely miss 2023 GDP growth target

Location:

VIETNAM

GDP growth slowed to 3.3% year-on-year in the first quarter. The slowdown was mainly due to the decline in exports, with Vietnam’s top export markets -- the United States, the EU…

Turkey’s policy uncertainty will worry investors

Location:

TURKEY

The limited rate hike (annual core inflation is running at 47%) has undermined foreign investors’ hopes that President Recep Tayyip Erdogan’s new economic team would be free to…

Saudi capital spending allocations are on the rise

Location:

SAUDI ARABIA

However, because of the large surplus of 2.5% recorded in that year, Riyadh’s public debt is only about 25% of GDP, providing the government and the country’s sovereign wealth…

Panama mine contract end will worsen economic woes

Location:

PANAMA

The decision followed weeks of protests over the terms of the newly revised contract. Cobre Panama, located in Colon province, is Central America’s largest open-pit copper mine…

US trade exposure to China will remain high

Location:

CHINA/UNITED STATES

In January-November, imports of Chinese goods dropped more than 20% year-on-year. China’s share of total US imports plunged to 13.9% from 16.7% in the same period in 2022, while…

Swedish minority government will hold together for now

Location:

SWEDEN

Curbing immigration is a central element in the agreement between the minority government and the far-right Sweden Democrats (SD) to secure their support in parliament. One year…

China set for near-5% growth amid imbalances and risks

Location:

CHINA

Quarter-on-quarter growth accelerated to 1.6%, from 1.2% previously. A 6% year-on-year expansion in the secondary sector -- manufacturing and construction -- led the growth, while…

Fiscal and external challenges lie ahead for Panama

Location:

PANAMA

Panama has demonstrated resilience and maintained economic momentum, despite challenges such as reduced traffic through the drought-stricken Panama Canal and the closure, after…

Trade will tighten Gulf-South Korea relations

Location:

GULF STATES/SOUTH KOREA

Previously, in December 2023, South Korea signed a landmark free trade agreement (FTA) with the six-nation Gulf Cooperation Council (GCC), only the bloc’s second with a major…