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Romania will not meet OECD goals by date set

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ROMANIA

The government regards joining the OECD as a national objective. Having opened accession negotiations in January 2022 and received its roadmap that June, the publication last…

Australian budget offers modest pre-election spending

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AUSTRALIA

The surpluses seen this year and last have proved an unexpected bonus for Labor and will enable a modest spending increase as the party prepares for the general election due by…

Peru's growth will remain sluggish this year

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PERU

The economy is increasingly dependent on the mining sector and on mineral sales to China. The domestic economy remains hampered by depressed internal demand.

China trade deal has pros and cons for Ecuador

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ECUADOR

The deal, which was finalised under former President Guillermo Lasso (2021-23) and approved by the National Assembly in February, promises improved access to expanding Chinese…

Bolivia’s nearing elections will shape economic policy

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BOLIVIA

Faced with the diminution of foreign currency reserves, the government has taken steps to encourage exporters to repatriate the dollars they earn abroad and place them within the…

Ageing will drive social care demands in Latin America

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LATIN AMERICA

Latin America’s population is ageing rapidly amid declining birth rates and rising life expectancy. This is driving a need for urgent action to prevent demographic changes…

Key Indian development target is highly challenging

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INDIA

The target is associated with reaching GDP of USD30tn, compared with less than USD4tn currently. Modi, in power since 2014, appears on course to win a third straight term.

ASEAN AI Guide is a modest but notable step

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ASEAN

ASEAN's first attempt to formulate a stand-alone framework on artificial intelligence (AI), the guide is non-binding and covers AI systems broadly rather than focusing on…

South Africa mining slump hurts ANC election campaign

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SOUTH AFRICA

The timing is disastrous for the ruling ANC party, which faces elections in May with its support already crumbling, in part due to its poor performance on economic issues. Major…

Global AI regulations will diverge

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INT

Despite a strong Chinese push on AI innovation, Beijing’s regulatory approach to AI sharply contrasts with the approaches of Western digital economies, notably the United States…