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More upheaval may await Europe’s carmakers

Location:

EU

Speculation that Europe’s carmakers might be exploring partnerships to produce more affordable electric vehicles (EVs) and withstand global competition, particularly from China…

Risks threaten optimistic Greek growth forecasts

Location:

GREECE

After the 2021-22 post-pandemic rebound, growth is stabilising at around 2%. Barring new external shocks, it is expected to remain at this level in the coming years. Improved…

Israel's economic recovery will remain restrained

Location:

ISRAEL

The war in Gaza, which began in October 2023, was initially expected to wind down within a few months, enabling economic activity to return to normal. Instead, the fighting has…

Syrian Kurds might lose their US military protection

Location:

SYRIA

The autonomous administration there is under increased pressure, exacerbated by the Gaza conflict, which has resulted in escalating confrontation between pro-Iranian Iraqi…

Pace of monetary easing will slow in Eastern Europe

Location:

EASTERN EUROPE

Central banks in Central-Eastern Europe (CEE) have already delivered hefty rate cuts but the ECB move might not herald further loosening. Economic recovery is tepid but inflation…

Singapore faces a degree of political uncertainty

Location:

SINGAPORE

Pritam Singh, leader of the main opposition Workers’ Party (WP), was charged with lying to parliament. S Iswaran, until recently a member of the ruling People’s Action Party (PAP…

Australian budget offers modest pre-election spending

Location:

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…

Milei risks rapid loss of Argentina political capital

Location:

ARGENTINA

President Javier Milei, who denounced the bill’s opponents as ‘traitors’, has said he will not bring it back to debate, at least for now. With his December emergency decree also…

Varying economic performance metrics muddy the outlook

Location:

UNITED STATES

Estimates of income rather than output, of household rather than firms' employment, and of real rather than nominal wages often diverge, but the gap has widened since the…

ECB and Fed to delay rate cuts to sustain disinflation

Location:

EU/US

Disinflation is underway on both sides of the North Atlantic, but it is not yet deeply entrenched, giving both central banks a reason to delay cuts. The ECB must contend with…