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Colombia’s new mining law poses regulatory risks

Location:

COLOMBIA

The government proposes banning new contracts for thermal coal exploitation, shortening timeframes for mining exploration and introducing new environmental regulations that could…

Biden will stress regional economic development work

Location:

UNITED STATES

With the economy a central issue for many voters, Biden is stressing his administration’s focus on place-based economic development (PBED), an approach to shaping the economic…

Kenya’s new budget targets significantly lower deficit

Location:

KENYA

After redeeming much of its USD2bn Eurobond in February, the government has effectively dispelled fears of a default. Nevertheless, it remains under pressure to consolidate public…

Costa Rica's medical device sector will grow further

Location:

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…

ASEAN-Australia relations will grow

Location:

ASEAN/AUSTRALIA

Besides a leaders’ plenary and retreat, there were events linked to four thematic tracks: business; climate and clean energy; maritime cooperation; and emerging leaders…

Gulf economies are on a stable track despite risks

Location:

GULF STATES

The IMF has revised downwards its forecast for Saudi GDP growth in 2024 to 2.7% but raised its 2025 forecast to 5.5%. This reflects a positive medium-term outlook for the Gulf…

Market concentration will remain high in Latin America

Location:

LATIN AMERICA

Markets in the region are characterised by the dominance of a small number of large firms, and the Bank believes that governments can spur growth by strengthening competition…

Flat US defence spending puts Pentagon under pressure

Location:

US

While Congress broadly supports existing defence programmes and the current level of spending, an increase below inflation leaves the Pentagon struggling to manage current…

Women's rights will help boost Rabat's image

Location:

MOROCCO

In a March 4 speech, former Prime Minister Abdelilah Benkirane, currently secretary-general of the Islamist-leaning Justice and Development Party (PJD), threatened a…

US Africa policy will be largely on hold this year

Location:

UNITED STATES

Despite promises that Biden would visit Africa during 2023, he did not do so. The situation in Ukraine and then Gaza has left little space for development of Washington’s policy…