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Indonesia president-elect faces thorny issues

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INDONESIA

It confirmed Defence Minister Prabowo Subianto as the winner of the race to succeed Joko ‘Jokowi’ Widodo as president. The elections for the People’s Representative Council (DPR)…

Portugal faces period of heightened instability

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PORTUGAL

AD won the March 10 election by a narrow margin, well short of a majority, with the outgoing Socialist Party (PS) a close second and the radical right Chega in third. Together…

The short-term impact of Canada's budget will be small

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CANADA

The budget keeps the deficit just inside prescribed limits despite an increase in new spending, by stepping up measures to boost revenue. Initiatives designed to target the…

China’s local governments will accumulate hidden debt

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CHINA

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

Canada's left feels pressure as Liberal support falls

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CANADA

Support for the Conservatives now equals the combined support for the centre-left Liberals and the New Democratic Party (NDP), which is further left. The Conservatives are now…

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…

Canada's Conservatives are not Trump-style populists

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CANADA

Mulroney represented a centrist strand of conservatism that can appear old-fashioned as current Conservative leader Pierre Poilievre moves the party to the right, but Poilievre…

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…

New Irish leader will struggle to reverse polls

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IRELAND

Harris replaces Leo Varadkar, who surprisingly announced that he was stepping down ahead of local, EU and national elections. In his first speech as party leader, Harris suggested…

Mexico candidates’ economic plans are overly ambitious

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MEXICO

Their economic proposals are intended to impress voters but seem largely uncosted and risk generating unrealistic expectations of the winner. Polling points to a clear victory for…