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Uruguay's challenges mount despite pension reform win

Location:

URUGUAY

Standard & Poor’s (S&P) had already raised Uruguay’s rating to BBB+, with a stable outlook, citing “prudent fiscal management”, but warning of still-high inflation. Despite…

UK voters will ignore budget and elect hung parliament

Location:

UNITED KINGDOM

The budget will prove to be all but the last political event before the final campaign and the May 7 general election. Although the detail had to be determined in cooperation with…

Chilean government's pension 'win' will prove limited

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CHILE

However, its key provision -- an increase in the system’s defined contribution -- was rejected by the Lower House. The government will have to negotiate key parts of the bill…

Peru pension proposals pose sustainability questions

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PERU

The executive opposes measures that would decapitalise the pension system and further exacerbate short-term fiscal difficulties. These call into question the future of the pension…

Government may water down Greek pension reform

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GREECE

Pension reform is a critical compliance requirement for the Greek authorities with the 'quadriga' of creditors -- ECB, European Commission, European Stability Mechanism and IMF -…

Reforms seek long-term economic benefits in Uruguay

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URUGUAY

Uruguay’s pension system has various sub-systems by sector and profession, and the mounting deficit is making change increasingly critical. President Luis Lacalle Pou is aiming to…

Belarus government will have to make unpopular cuts

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BELARUS

Revenue problems facing the Belarusian government.

Party squabbles threaten Brazil's reform agenda

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BRAZIL

Bolsonaro is engaged in an open confrontation with the leadership of his PSL. This poses a serious threat to the effectiveness of a government that never attempted to build a…

Chile's political malaise will not be rapidly resolved

Location:

CHILE

The impact of continuing protests.

France’s regional results intensify presidential race

Location:

FRANCE

Neither Macron’s La Republique en Marche (LREM) nor Le Pen’s National Rally (RN) managed to win any of the country’s 13 regions. The main winner was the centre-right Republican…