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Sri Lanka will seek more trade to ease economic crisis

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SRI LANKA

The country is struggling with a widening current account deficit and debt problems associated with mega investment projects. The National Unity Government (NUG) signed a free…

Ankara will firmly focus on the economy

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TURKEY

In the March 31 municipal elections, the main opposition Republican People’s Party (CHP), to which Imamoglu belongs, gained 37.8% of the vote nationally, beating the AKP in its…

Milei risks rapid loss of Argentina political capital

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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…

Brazil's trade deficit highlights deeper economic ills

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BRAZIL

According to Central Bank estimates, a trade deficit of this magnitude increases the current account deficit to around 4% of GDP, the highest in 13 years, and the third-largest…

Prospects for South-east Asia in 2023

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PROSPECTS 2023

Prospects for South-east Asia in 2023.

Thailand will pursue a more proactive foreign policy

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THAILAND

Thailand is devoting more attention to foreign policy under Srettha. The fallout from the 2006 and 2014 coups adversely affected its foreign relations, but it retains an important…

Abu Dhabi will boost oil output for energy transition

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UNITED ARAB EMIRATES

This is part of a wider strategy to capture more value from hydrocarbons resources, launched after a major corporate restructuring following the 2015 oil price crash. The publicly…

Slow growth may hit trust in Colombia’s government

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COLOMBIA

Government spending levels depend on those of individual ministries, some of which spent remarkably little last year, raising questions about budgetary decision-making. Recent…

Israel’s high-tech industry may plateau

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ISRAEL

This was on top of a record 3.2 billion dollars of new investment capital raised by such companies in the first half of the year. Start-up fundraising, a key metric of…

Egypt will struggle to capitalise on growing youth

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EGYPT

The most populous Arab nation is adding 2 million people each year and two-thirds of Egyptians are under the age of 30. This creates pressure on government services and the jobs…