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Romania will boost its nuclear industry

Location:

ROMANIA

The two reactors will add 1,440 megawatt (MW) capacity to the Romanian grid. The upgrade, and associated development of domestic nuclear fuels and waste management, promises to…

IMF deal will bring little relief in Argentina

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ARGENTINA

The new agreement envisages a primary surplus of 2% of GDP, a zero general deficit and reserves accumulation of USD10bn; it includes no new funding. However, the widening gap…

Philippine leader faces tough challenge on prices

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PHILIPPINES

The fall appears linked to public discontent over elevated inflation, which has clouded the country's economic outlook. Meanwhile, the government is moving slower than it…

Sanctions will reduce Russia’s oil exports eventually

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RUSSIA

In June 2022, Russia booked almost twice the revenue (USD20.4bn) from such exports. Declining oil income poses a serious challenge to the administration of President Vladimir…

Georgia will face serious obstacles to EU membership

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GEORGIA

Georgia officially embarked on the path to EU membership along with Ukraine and Moldova shortly after Russia’s full-scale invasion of Ukraine. Despite Tbilisi not meeting the…

Indonesian economy should perform solidly this year

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INDONESIA

Only India and China have higher projections. Indonesia recorded GDP growth of just over 5% year-on-year in January-March, with robust consumer and government spending helping to…

Real test for Cambodian premier lies beyond key polls

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CAMBODIA

In May, the National Election Committee (NEC) disqualified the Candlelight Party (CP) -- the only credible opposition player -- from participating in the polls, citing failure to…