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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…

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…

Costa Rica's medical device sector will grow further

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COSTA RICA

Precision and medical equipment has been the country’s largest export sector since 2017. It maintained that position in 2023, achieving 28% growth year-on-year and contributing…

Severe drought spells economic woes for Zambia

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ZAMBIA

The prolonged dry period is having a serious economic impact, as Zambia relies heavily on hydropower to generate electricity and has been forced to implement power cuts for…

Fiscal and external challenges lie ahead for Panama

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PANAMA

Panama has demonstrated resilience and maintained economic momentum, despite challenges such as reduced traffic through the drought-stricken Panama Canal and the closure, after…

Ecuador’s 2024 budget will prompt mixed reactions

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ECUADOR

However, there are signs that political cooperation is beginning to crumble, which will reduce the pace of reform. A National Assembly vote later this month on the government’s…

Trump AI policy would prioritise US-China competition

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US

Congressional gridlock has hitherto left the White House leading on US AI policy. On the campaign trail for November’s presidential election, the prospective Republican nominee…

French government faces a difficult fiscal dilemma

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FRANCE

As a result of dwindling tax revenue, he also said that state spending would be cut by EUR10bn (USD10.8bn). The government’s forecast for this year is more optimistic than…

Pipeline rupture threatens South Sudan’s stability

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SOUTH SUDAN

This episode could have a significant impact on South Sudan's government, which derives almost 90% of its revenue from oil.

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…