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EU faces dilemma over wind energy

Location:

EUROPE

The initiative indicates the degree to which the sector has assumed strategic importance in terms of both energy security and the achievement of climate change targets, although…

China’s economy gains momentum in the third quarter

Location:

CHINA

Consumer demand, especially for services, underpinned by a stronger labour market, drove the upswing. Exports stabilised, but investment slowed, held back by the housing market…

Algeria will tightly control private enterprise

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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…

Russia’s high-tech sector will receive more support

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RUSSIA

After being targeted by Western sanctions, Russia’s high-tech sector has been boosted by the new opportunities created by the government’s import substitution programme, the…

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…

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…

US oil and gas sector stays strong under Biden for now

Location:

UNITED STATES

President Joe Biden has adopted a gradual approach to replacing fossil fuels with renewable resources, but a second term would see him under greater pressure to address record…

After a strong year for Australia, growth will slow

Location:

AUSTRALIA

This figure is higher than the RBA’s forecast of 1.5%, as labour demand remains strong and business investment resumes as supply chain disruption subsides. However, persistent…

Zambia debt impasse exposes flaws in the G20 framework

Location:

ZAMBIA

This brings the three-year attempt to negotiate a debt-restructuring deal to a halt at the last hurdle. The parties must now try to salvage the deal before the end-of-year…

Rules for cloud cybersecurity will tighten

Location:

INT

These standards can help customers differentiate between service providers and ensure that data are stored in regions where data protection legislation and law enforcement access…