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Macron faces political risks over French fiscal woes

Location:

FRANCE

The government is highly dependent on steady GDP growth to meet its pledges on deficit-reduction and tax cuts. It was forced to implement EUR10bn (USD10.7bn) in emergency cuts in…

Kenya’s new budget targets significantly lower deficit

Location:

KENYA

After redeeming much of its USD2bn Eurobond in February, the government has effectively dispelled fears of a default. Nevertheless, it remains under pressure to consolidate public…

Iraqi Kurds’ economic trap will drive instability

Location:

IRAQ

The Kurdistan Regional Government (KRG) emphasised it had sent the federal finance ministry a promised full list of employees on April 21; however, Baghdad sources said…

Climate needs and debt to hit lower-income states hard

Location:

INTERNATIONAL

Debt distress is related to both global financial conditions -- such as the strength of the US dollar -- and growing climate vulnerabilities. Greater attention and funding to…

Honeymoon period of Panama’s Mulino will be brief

Location:

PANAMA

Mulino assumed the candidacy late in the race, after former President Ricardo Martinelli (2009-14) was disqualified over a corruption conviction. The new president will face…

Americas Act seeks to recover US role in Latin America

Location:

LATIN AMERICA/US

US concerns have been growing over China’s increasing presence in Latin America. To date various US initiatives have failed to present an alternative to China’s expanding trade…

Brazil-France alliance may boost Amazon efforts

Location:

BRAZIL

The four-year investment plan aims to support bio-economy initiatives, the creation of a carbon market and the preservation of Amazon indigenous communities and their knowledge…

Eastern members risk falling behind rest of EU

Location:

EU

Speaking on the occasion, European Commission President Ursula von der Leyen said that, over the past 20 years, the promise of stability and prosperity has been fulfilled…