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Digital euro will launch but perhaps later than 2027

Location:

INT

The digital euro project is the most advanced central bank digital currency (CBDC) plan among Western economies. It promises enhanced strategic autonomy, faster payments and to…

China’s local governments will accumulate hidden debt

Location:

CHINA

Local governments’ fiscal positions have become increasingly untenable post-pandemic amid a property market downturn. Record numbers of local government financing vehicles (LGFVs…

South-east Asia may align more with China in near term

Location:

SOUTH-EAST ASIA

A key finding is that 50.5% of respondents would pick China if forced to take sides in US-Chinese rivalry, up from 38.9% in 2023. China continues to be regarded as the most…

Beijing will strive to revive growth

Location:

CHINA

Held on October 30-31, it was attended by President Xi Jinping and various top officials. The conference formulated priority tasks to address financial risks the country is facing…

Philippine leader faces fight to sustain popularity

Location:

PHILIPPINES

The speech notably identified several economic challenges facing the country, ranging from curbing inflation to creating jobs. Marcos registered high approval ratings during the…

Temple inauguration will boost Modi’s re-election bid

Location:

INDIA

The temple is on land where right-wing groups destroyed a centuries-old mosque in 1992; many Hindus believe the site includes the birthplace of the deity Rama, and that a temple…

Japan will raise defence spending and cut deficits

Location:

JAPAN

The budget is likely to be enacted by the end of the current fiscal year in March 2024. Rapidly increasing military spending reflects drastic changes in Tokyo’s defence policy. On…

Canada needs more corporate green investment

Location:

CANADA

Canada’s gross fixed capital formation (GFCF), meaning investment in tangible fixed assets, shows higher growth in investment by government and households since 2000 than by the…

Algeria's president will move to assert his authority

Location:

ALGERIA

Under the new mandate, codified in late September, his aides and advisers are now responsible for monitoring the actions of ministries and other government offices more closely…

Corruption scandal will hurt Maltese ruling party

Location:

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…