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Philippine economy should perform solidly this year

Location:

PHILIPPINES

Inflation is a top challenge for the government, which targets 6.0-7.0% GDP growth in 2024, compared with 5.5% in 2023. GDP grew by 5.7% year-on-year in the January-March quarter…

Protracted recession now appears likely in Argentina

Location:

ARGENTINA

In April the Monthly Estimate of Economic Activity declined by 1.7% year-on-year, accumulating a 4.2% contraction in January-April. President Javier Milei expected the economy to…

Greece will struggle to cope with rising living costs

Location:

GREECE

The announcement comes on the back of relatively tight fiscal policies and economic growth that outperforms EU peers. Yet the bullish macroeconomic picture has not translated into…

Regional economic output will keep growing in Russia

Location:

RUSSIA

The deterioration in regional finances is driven by falling incomes in oil-producing regions and higher spending by regional governments. Economic activity is recovering after…

Gradual, steady growth will continue in Guatemala

Location:

GUATEMALA

While private consumption remained strong, driven by remittances and substantial bank credit growth, export performance weakened due to reduced US demand for maquila products…

Belarus trade with China will widen trade deficit

Location:

BELARUS

Belarus is developing a dependence on Chinese imports, especially for high-tech consumer and investment goods, to complement its reliance on Russia for energy. It cannot expand…

Geopolitical tensions test Taiwan’s chips industry

Location:

INT

China's claim to Taiwan as a province destined for reunification, coupled with the growing geopolitical rivalry between Beijing and Washington, makes the island a significant…