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Germany’s trade surplus benefits the euro-area

Location:

EURO-AREA

Germany’s trade surplus.

Reshuffle highlights economic concerns in Thailand

Location:

THAILAND

Pichai Chunhavajira, an experienced businessman who has held various important positions previously, was named as the new finance minister, taking over the role from the premier…

Panama’s economy is poised for dramatic rebound

Location:

PANAMA

Mining and quarrying activities (728%), construction (489%), hotels and restaurants (92%), transport and communications (29.8%) and trade (23.9%) were the main drivers of growth…

Jakarta will champion developing countries in G20 role

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INDONESIA

Indonesia is the G20’s president this year. It is set to host the 17th G20 summit in Bali in late October.

EU green ambitions are strongly reflected in budget

Location:

EU

Overall, some 30% of the budget will involve climate-related spending. One of the key reforms concerns the EU’s own resources mechanism to finance spending, with plans to…

Myanmar junta may weaken but will not make concessions

Location:

MYANMAR

ASEAN’s ‘Five-Point Consensus’ plan to ease the fallout from the 2021 coup shows no signs of making progress, and Cambodia -- the group’s 2022 chair -- has stopped advocating…

Omicron will slow but not weaken German recovery

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GERMANY

Bundesbank president Jens Weidmann stated that the “recovery has been somewhat pushed back” by the impact of supply chain restrictions, the rising costs of raw materials and…

Romania hopes to surmount virus’s expected second wave

Location:

ROMANIA

Government measures to support workers and companies seem to have worked. With closer state-corporate dialogue established, surveys and some data give grounds for measured…

Kenya’s president will aim for fiscal consolidation

Location:

KENYA

Nairobi cancelled a bond sale last year; it has 17 months to rebuild its credibility with investors before seeking to refinance a USD2bn Eurobond.

Prospects for Argentina in 2021

Location:

PROSPECTS 2021

Doubts over the extent of recovery from a double-digit contraction this year are complicating efforts to renegotiate debt with the IMF and present a plausible economic policy…