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Saudi Arabia’s renewables drive will face challenges

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SAUDI ARABIA

Saudi Arabia has made significant progress since 2021 in developing its renewable energy sector. However, it contributes less than 5% to total electricity output. By end-2023…

Colombia’s new mining law poses regulatory risks

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COLOMBIA

The government proposes banning new contracts for thermal coal exploitation, shortening timeframes for mining exploration and introducing new environmental regulations that could…

Prospects for Argentina in 2024

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PROSPECTS 2024

Bond markets have responded positively to Milei’s victory, followed by the announcement that he would re-privatise state oil company YPF and other companies, but domestic exchange…

New Romanian cabinet's economic agenda may falter

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ROMANIA

The cabinet reshuffle is part of the coalition deal between Ciuca’s National Liberal Party (PNL), Ciolacu’s Social Democratic Party (PSD) and the Democratic Alliance of Hungarians…

New law tightens state control in Kyrgyzstan

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KYRGYZSTAN

The amendments introduce the new legal concept of ‘foreign representative’. The bill was signed into law on April 2 and will apply to all NPOs that receive foreign funding and…

US Democrats may struggle to gain from investment push

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UNITED STATES

The IRA unabashedly uses major government subsidies to attract corporate investment, with an emphasis on advanced manufacturing and clean energy. It is emerging as a central…

Algeria will tightly control private enterprise

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ALGERIA

Since his 2019 election, the president has introduced reforms to attract foreign investment, albeit only to a handful of sectors. The president remains opposed to opening the…

OECD recommendations will not be met in Peru

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PERU

OECD membership is seen as key to locking in the liberalising economic policies adopted in varying degrees since the 1990s, and improving the investment climate. Private…

Canberra will be tough on pricing but not on mergers

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AUSTRALIA

Under pressure on cost-of-living issues, Canberra is reviewing competition laws to see what effect market dominance may be having in a handful of major sectors, including banking…

Australia emission standards will have limited impact

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AUSTRALIA

Although raising fuel efficiency standards as a means of reducing emissions has been a high-profile issue for the government, last-minute concessions to the automotive sector will…