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Australian foreign property rules are mainly political

Location:

AUSTRALIA

The new rules, which include steeper taxes on foreign purchases of existing domestic properties, are part of a Labor strategy intended to free up more housing stock. The…

Prospects for the US economy in 2024

Location:

PROSPECTS 2024

The Federal Reserve (Fed) has raised interest rates from zero in March 2022 to 5.25-5.5% and has reduced its bond holdings from nearly USD9tn to USD7.8tn. While the Inflation…

The short-term impact of Canada's budget will be small

Location:

CANADA

The budget keeps the deficit just inside prescribed limits despite an increase in new spending, by stepping up measures to boost revenue. Initiatives designed to target the…

US cities need to boost the stock of entry-level homes

Location:

UNITED STATES

Homelessness has become a major political issue in recent years, as has related concern about a shortage of small, affordable homes. State and municipal efforts to tackle…

China’s property downturn resolution will take years

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CHINA

The housing market is experiencing its largest downturn, triggered by government action in 2020 to limit financial risks from the property sector by introducing debt ceilings for…

Ageing will drive social care demands in Latin America

Location:

LATIN AMERICA

Latin America’s population is ageing rapidly amid declining birth rates and rising life expectancy. This is driving a need for urgent action to prevent demographic changes…

Kazakhstan will struggle to boost oil output

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KAZAKHSTAN

Astana's aspirations to reach 2 million b/d have been set back by difficulties in raising output at major fields. Government efforts to diversify the economy away from…

Central America’s coffee sector faces major challenges

Location:

CENTRAL AMERICA

Coffee is an important cash crop for small farmers across the region, providing valuable income for millions of families. Coffee farms are economic engines in rural areas…

Russia will expand support to small businesses

Location:

RUSSIA

However, small- and medium-sized enterprises (SMEs) play a significant role in the economy, especially in service industries. They also provide a rising share of new jobs. The…

More upheaval may await Europe’s carmakers

Location:

EU

Speculation that Europe’s carmakers might be exploring partnerships to produce more affordable electric vehicles (EVs) and withstand global competition, particularly from China…