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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…

Japan will become more internationally competitive

Location:

JAPAN

In the 1980s, the country's high-cost and high-price economy was much discussed. Decades later, Japan looks like a comparatively low-cost, low-price and low-income developed…

Eastern members risk falling behind rest of EU

Location:

EU

Speaking on the occasion, European Commission President Ursula von der Leyen said that, over the past 20 years, the promise of stability and prosperity has been fulfilled…

Key Indian development target is highly challenging

Location:

INDIA

The target is associated with reaching GDP of USD30tn, compared with less than USD4tn currently. Modi, in power since 2014, appears on course to win a third straight term.

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…

Zimbabwe economic crisis may escalate further

Location:

ZIMBABWE

Since the abandonment of the multi-currency regime in June, the new Zimbabwe dollar has lost almost 60% of its value relative to the US dollar. The parallel market for foreign…

Rise in capital inflows may not endure in Brazil

Location:

BRAZIL

Rising interest rates and commodity prices, and cheap stock market assets have been key factors in attracting capital. As a result, the real appreciated from around BRL5.7:USD1 in…