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Chile reform defeat heralds mounting challenges

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CHILE

The intended reset was overshadowed by the March 8 defeat in Congress of a proposed tax reform, a key plank of his left-wing reform agenda. This followed another major defeat in…

Tanzania’s new president initiates small shifts

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TANZANIA

The following day she announced a cabinet reshuffle to fill his position, moving Mwigulu Nchemba into the finance ministry and making a number of other changes across the cabinet.

Germany’s economy will struggle to grow this year

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GERMANY

GDP appears to have remained flat, quarter-on-quarter, in January-March, while there was a significant fall in industrial production in March and in investor confidence over the…

Five-party Latvian government may not last full term

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LATVIA

Latvia’s new government.

Post-poll turmoil may worsen Pakistan’s economic woes

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PAKISTAN

The elections, resulting in a fractured mandate and marred by allegations of rigging, have increased polarisation. Separately, Pakistan’s nine-month, roughly USD3bn Stand-By…

South African treasury changes may undermine targets

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SOUTH AFRICA

Since Gigaba controversially replaced Pravin Gordhan in March, the National Treasury has made a series of key personnel changes, including the position of chief procurement…

Leftist leaders have mixed record in Bolivia and Peru

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BOLIVIA/PERU

President Pedro Castillo's administration in Peru shows a distrust of established institutions while Bolivia has had more success in making the existing bureaucracy work for…

Belize elections herald government shake-up

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BELIZE

Long-standing Prime Minister Dean Barrow will not be running again, so that Belize will experience a change of leadership even if his United Democratic Party (UDP) wins…

Shifts elsewhere could build up Polish policy doubts

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POLAND

Poland's rating, therefore, remains at A2, despite persistent concerns about the policies of its one-year-old nationalist government, in particular, the threats to the…

US Africa policy will be largely on hold this year

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UNITED STATES

Despite promises that Biden would visit Africa during 2023, he did not do so. The situation in Ukraine and then Gaza has left little space for development of Washington’s policy…