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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…

Cuban discontent will be muted despite economic woes

Location:

CUBA

At the same time, private businesses have been allowed to import as never before. New privately owned shops caters to those with hard currency, but for most people the economic…

Oil price rise to change Mexican government strategy

Location:

MEXICO

This will be all the more marked given the importance of oil-related revenues to the exchequer and President Andres Manuel Lopez Obrador's (AMLO) apparent determination to keep…

Philippine leader faces tough challenge on prices

Location:

PHILIPPINES

The fall appears linked to public discontent over elevated inflation, which has clouded the country's economic outlook. Meanwhile, the government is moving slower than it…

War in Ukraine will impel Kazakhstan to diversify

Location:

KAZAKHSTAN

Kazakhstan’s economy has weathered well the turbulences created by the war in Ukraine. A new context for the country’s traditional aspirations to balance and diversify economic…

Nigerian border reopening would offer some respite

Location:

NIGERIA

Nigeria’s land borders have been closed since August 2019, officially to check indiscriminate smuggling of goods into the country. The closures have been blamed in part for rising…

Kyrgyz growth is hostage to gold and remittances

Location:

KYRGYZSTAN

Kyrgyzstan economic update.

New railway’s early days give Laos cause for optimism

Location:

LAOS

While concerns remain that the project will worsen its external debt position, demand to use the line is strong, even though there are currently no onward services for passengers…