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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…

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…

Algeria will tightly control private enterprise

Location:

ALGERIA

Since his 2019 election, the president has introduced reforms to attract foreign investment, albeit only to a handful of sectors. The president remains opposed to opening the…

Technology offers hope in tackling water scarcity

Location:

INTERNATIONAL

Droughts threaten knock-on effects for areas without direct water scarcity challenges, in the form of food price pressures, increased irregular migration from displaced…

Biden will stress regional economic development work

Location:

UNITED STATES

With the economy a central issue for many voters, Biden is stressing his administration’s focus on place-based economic development (PBED), an approach to shaping the economic…

Gulf economies are on a stable track despite risks

Location:

GULF STATES

The IMF has revised downwards its forecast for Saudi GDP growth in 2024 to 2.7% but raised its 2025 forecast to 5.5%. This reflects a positive medium-term outlook for the Gulf…

Sanctions will increase risks for Russian economy

Location:

RUSSIA

However, although output has grown, a tight labour market and persistent inflation have created new problems. The reorientation of trade away from Europe has resulted in a…

Riyadh’s judicial reforms will help drive investments

Location:

SAUDI ARABIA

Measures include a new civil code, the Civil Transactions Law, which came into effect in December 2023 and aims to provide comprehensive coverage of all aspects of contracts…