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Brazil banks foresee renewed lending growth this year

Location:

BRAZIL

The Brazilian financial system, which is still dominated by five state and private banks, saw slower loan growth and worsening asset quality in 2023 due to high inflation and…

Iraqi Kurds’ economic trap will drive instability

Location:

IRAQ

The Kurdistan Regional Government (KRG) emphasised it had sent the federal finance ministry a promised full list of employees on April 21; however, Baghdad sources said…

Rising Russian investment will cause structural change

Location:

RUSSIA

The war in Ukraine, Western sanctions and the redirection of external trade away from Europe towards new partners all required a surge in investment. The bulk of new investment…

South Africa faces fiscal reform challenges

Location:

SOUTH AFRICA

However, there are question marks over his ability to deliver on the ambitious spending cuts needed as tax collection falls in a weak economy.

Outlook is bright for key leftist leader in Sri Lanka

Location:

SRI LANKA

According to the constitution, the poll must take place in September-October. The JVP was formed as a Marxist-Leninist party. Recent opinion polling suggests Dissanayake would be…

North Macedonian renewables policy will survive poll

Location:

NORTH MACEDONIA

From a small base, more electricity is being generated from renewable energy sources (RES): 551 megawatts of installed capacity were licensed in the past two years. However…

I-Soon leak exposes scope of China's cyber activity

Location:

CHINA

This leak included corporate documents and internal communications, and detailed a suite of spyware applications developed by Shanghai-based cybersecurity company I-Soon, a…

Slow growth may hit trust in Colombia’s government

Location:

COLOMBIA

Government spending levels depend on those of individual ministries, some of which spent remarkably little last year, raising questions about budgetary decision-making. Recent…

Ankara will firmly focus on the economy

Location:

TURKEY

In the March 31 municipal elections, the main opposition Republican People’s Party (CHP), to which Imamoglu belongs, gained 37.8% of the vote nationally, beating the AKP in its…

Romania will not meet OECD goals by date set

Location:

ROMANIA

The government regards joining the OECD as a national objective. Having opened accession negotiations in January 2022 and received its roadmap that June, the publication last…