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Major tests lie ahead for Ecuador’s Noboa

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ECUADOR

The legislation’s smooth journey through Congress illustrates the pragmatic relationship Noboa has established with the legislature. This, however, will be difficult to maintain…

China will keep treating private firms with disfavour

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CHINA

The NPC Standing Committee that same week expanded the State Secrets Law. Information clampdowns denting business confidence undermine efforts to boost the private sector and…

Arevalo will steer gradual improvements in Guatemala

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GUATEMALA

Arevalo’s victory marks a shift in Guatemalan politics. After years of democratic backsliding, Arevalo promises a slow, partial recovery of transparency and the rule of law. His…

Bosnian Serbs are unlikely to seek independence yet

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BOSNIA-HERCEGOVINA

The move followed changes to the Bosnia-Hercegovina (BiH) election law, aimed at enhancing electoral transparency, imposed by High Representative Christian Schmidt. RS President…

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…

Romanian fiscal and external deficits will remain wide

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ROMANIA

Romania is among the member states liable to the EDP. Although its debt is relatively low at 47.9% of GDP, Romania has wide budget and current account deficits, yet its tax-to-GDP…

Riyadh’s judicial reforms will help drive investments

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SAUDI ARABIA

Measures include a new civil code, the Civil Transactions Law, which came into effect in December 2023 and aims to provide comprehensive coverage of all aspects of contracts…

Corruption scandal will hurt Maltese ruling party

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MALTA

Among the charged are former Prime Minister Joseph Muscat, former Deputy Prime Minister Chris Fearne, and current Central Bank Governor Edward Scicluna. The charges are the latest…

Latvia’s unwieldy new government will be reform-averse

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LATVIA

Latvia’s second female prime minister leads an ideologically diverse coalition led by her centrist New Unity (JV) party, and including the left-wing Progressives (PRO) and the…

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…