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Risks will outweigh recovery chances in Eastern Europe

Location:

EASTERN EUROPE

The economic environment has been dictated by Russia’s war in Ukraine and its market and policy implications. Next year, the prospects for the V4 economies are moderately upbeat…

Mexico’s budgetary pressures will keep growing

Location:

MEXICO

The budget deficit is increasing markedly and will probably top 6% of GDP in 2024 -- the highest level since the late 1980s -- while economic growth remains in the 2-3% range.

Israeli housing market downturn may damage growth

Location:

ISRAEL

Record high prices (founded in part on limited supply) and rising interest rates are weighing heavily on Israel’s housing market. Home sales fell by nearly two-thirds over the…

Hungary will struggle to mend its fiscal woes

Location:

HUNGARY

This is the lowest monthly widening since the start of 2023. Hungary aims to curb its 3.9% of GDP budget deficit in order to avoid being placed under the EU’s Excessive Deficit…

Ecuador’s 2024 budget will prompt mixed reactions

Location:

ECUADOR

However, there are signs that political cooperation is beginning to crumble, which will reduce the pace of reform. A National Assembly vote later this month on the government’s…

Peru's growth will remain sluggish this year

Location:

PERU

The economy is increasingly dependent on the mining sector and on mineral sales to China. The domestic economy remains hampered by depressed internal demand.

The US feud between DeSantis and Disney will continue

Location:

UNITED STATES

Disney, which has a large presence in Florida, remains locked in a feud with the state’s governor, Ron DeSantis, over aspects of his education policy. DeSantis, a candidate for…