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China doubles down on protectionism at third plenum

Location:

CHINA

Despite pressure for bold reforms to address a slowing economy and geopolitical tensions, the document largely repeated existing messaging, suggesting that conservatives won out…

Egypt’s balance of payments will get short-term relief

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EGYPT

These flows have been supplemented by a resurgence of portfolio investment in high-yielding government securities, while remittances are now flowing via the banking system rather…

Ukraine war fuelling economic growth in Central Asia

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CENTRAL ASIA

Economic growth in Central Asia has been strong since the COVID-19 pandemic. Shifts in trade and financial flows due to the war in Ukraine have boosted output. Rising investment…

Egypt will focus on boosting industrial output

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EGYPT

Stabilisation measures implemented with Gulf assistance this year have created a platform for manufacturing growth. If this can be directed to boost manufactured exports, it would…

Ghana may loosen purse strings after debt deal

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GHANA

The announcement thereby removes one of the last major obstacles standing in the way of a comprehensive debt resolution for the country.

New UK leader will struggle to address voter concerns

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UNITED KINGDOM

The Conservative Party has dropped to 121 seats, a loss of 250 -- its heaviest defeat ever. Attention will immediately shift to Labour’s policies to address the multitude of…

Bangladesh will rely more on external assistance

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BANGLADESH

The trip comes as her government continues to contend with tough economic challenges including low foreign exchange (forex) reserves, high inflation and a troubled banking sector…

New fiscal measures unlikely to solve Greeks’ problems

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GREECE

A broad range of new measures aim to address Greeks’ growing dissatisfaction with the rising cost of living, deteriorating quality of public services, over-tourism and rising…

Elections could prove awkward for Maldives president

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MALDIVES

The two parties associated with him are currently in the minority in the unicameral legislature. Muizzu came to power after winning last year’s presidential race. He was a…

Macron faces political risks over French fiscal woes

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FRANCE

The government is highly dependent on steady GDP growth to meet its pledges on deficit-reduction and tax cuts. It was forced to implement EUR10bn (USD10.7bn) in emergency cuts in…