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Remittances will further bolster Mexico’s economy

Location:

MEXICO

Mexico has overtaken China in having the second-highest remittance income in the world, behind only India, which receives around USD100bn per year. Growth has been uninterrupted…

Myanmar’s Russia ties will grow stronger

Location:

MYANMAR

Separately, Russian arms transfers to Naypyidaw are fuelling the conflict between the junta and its armed opponents. Among the countries that remain close to Myanmar, Russia and…

Government-Syriza rifts may bar Greek crisis consensus

Location:

GREECE

Koufodinas, a left-wing terrorist convicted of eleven assassinations of businessmen, conservative politicians, and UK and US officers, believed he was entitled to transfer to…

South-east Asia faces further decline in human rights

Location:

SOUTH-EAST ASIA

East Timor is the only South-east Asian country categorised by the Freedom House organisation as completely ‘free’. Cambodia, Malaysia, the Philippines, Singapore and Thailand, as…

Price pressures on Croatia’s property market may ease

Location:

CROATIA

This was higher than the annual rates recorded during the pre-2008 boom, and comfortably above 2022 inflation. Property prices are rising because of a combination of low interest…

Politically divided Iraq faces a massive economic hit

Location:

IRAQ

The economic and social impact of COVID-19 -- and especially the crushing effect on global oil markets -- comes amid worsening US-Iran tensions. Internally, political deadlock and…

Puerto Rico control board will squeeze debt holdouts

Location:

PUERTO RICO

The announcement would mark the largest subnational bankruptcy in US history, with Puerto Rico facing debt obligations of 73 billion dollars from an array of public entities and…

Pandemic to worsen recession and instability in Haiti

Location:

HAITI

World Bank and IMF financial support totalling USD142mn, in the form of grants and zero-interest loans, will help partially to cover increasing external and fiscal financing gaps…

Croatia will watch whether euro adoption raises prices

Location:

CROATIA

After implementing its anti-inflationary stabilisation programme in 1993, Croatia recorded stable and modest inflation rates. That changed in 2022, when inflation accelerated…

Inflation could rise again in Russia in 2023

Location:

RUSSIA

Inflation has subsided owing to base effects. War, sanctions, geopolitical isolation and economic restructuring have already undermined population living standards, with poorer…