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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…

Farmer concerns will shift EU climate policy

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EU

The European Commission has agreed to dilute some green deal policies affecting agriculture, but the concessions do not appear to have convinced farmers, who pledge to continue…

End of post-1945 economic order bodes ill for growth

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INTERNATIONAL

The system of international institutions to promote cooperation and open trade was built on the political preferences of a group of the world's wealthiest states. Over time, the…

Central bank moves may check Nigeria's currency fall

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NIGERIA

These aim for tighter CBN control over the parallel market. The CBN is also seeking to stabilise the currency through bond issuances, cryptocurrency crackdowns and other schemes.

Japan will be a policy pioneer for advanced nations

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INTERNATIONAL

It took policymakers decades to tackle the consequences of the market crash, partly due to conservative caution; this experience has encouraged other states to be more…

DUP crisis threatens Northern Irish stability

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UNITED KINGDOM

Gavin Robinson has taken over on an interim basis, and will probably lead the party into the UK election later this year. The nature of Donaldson’s departure poses significant…

EU and UK rules on financial trading will diverge

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INTERNATIONAL

Some of these rules will directly impact UK-based financial services firms enmeshed in UK markets, though the United Kingdom aspires to diverge from the common regulatory regime…

Americas Act seeks to recover US role in Latin America

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LATIN AMERICA/US

US concerns have been growing over China’s increasing presence in Latin America. To date various US initiatives have failed to present an alternative to China’s expanding trade…

WTO now a forum for talks, not unanimous dealmaking

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INTERNATIONAL

The WTO remains the main body determining global trade rules, but increasingly it looks likely to struggle to go beyond mere discussion.

Brazil banks foresee renewed lending growth this year

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BRAZIL

The Brazilian financial system, which is still dominated by five state and private banks, saw slower loan growth and worsening asset quality in 2023 due to high inflation and…