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Euro-area design flaws will curb GDP growth and reform

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EU

For critics, the euro-area imposes a one-size-fits-none approach to fiscal and monetary policy. While that applies also to the United States and China, given their regional…

China is unlikely to provide more support to Russia

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RUSSIA

China has provided low-key economic support for Russia so far, but overt military support for Russia’s invasion of Ukraine has not been forthcoming. Beijing has also resisted…

Challenges lie ahead for El Salvador's economy

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EL SALVADOR

This marked a return, broadly, to the economic performance seen before the drastic pandemic-induced fluctuation seen in 2020 and 2021 (which saw a contraction of 8.2% and growth…

German automakers face obstacles on all fronts

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GERMANY

German manufacturers face a multi-faceted competitiveness challenge. Domestic output almost halved from 2016 to 2021. The failure to match rivals in the development of electric…

Tourism to drive Belize economic growth amid slowdown

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BELIZE

Real GDP surged by 15% in 2021 and 12% in 2022, then by 4% in 2023. With inflation easing, risks of social instability have probably fallen over the past year, but growth looks…

Ruto will try to broaden Kenya’s trade ties

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KENYA

Nairobi also says it expects a US-Kenya free trade agreement (FTA) to be finalised by April 2024, while the government has promised various tax and other incentives to foreign…

Vietnam will rethink its relations with Russia

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VIETNAM

Vietnam is Russia’s closest partner in South-east Asia and has refused to criticise Moscow over the Ukraine war. Between 2000 and 2022, Russia accounted for more than 80% of…

China will scale computing infrastructure for AI

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CHINA

To that end, in early October, the Ministry of Industry and Information Technology (MIIT), together with five other ministry-level government bodies, published an Action Plan for…

Zambia’s mining targets appear unachievable

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ZAMBIA

Zambia’s economy is heavily dependent on copper, and the government is seeking to boost production to 3 million tonnes by 2030 to leverage rising global demand for copper due to…

Uzbek president’s problems will mount in long term

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UZBEKISTAN

Constitutional change could keep him in power until 2037, providing an opportunity to transform Uzbekistan’s socio-economic conditions. However, significant domestic and foreign…