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Tokyo and Washington will step up defence cooperation

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JAPAN/US

Kishida and Biden hailed a historic upgrade in defence ties and announced a record volume of around 70 agreements, spanning various sectors.

Eastern members risk falling behind rest of EU

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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…

End of post-1945 economic order bodes ill for growth

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INTERNATIONAL

The system of international institutions to promote cooperation and open trade was built on the political preferences of a group of the world's wealthiest states. Over time, the…

Morocco will struggle to lift growth rates

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MOROCCO

This is below the medium-term target of average annual real GDP growth of 6%, with economic performance largely affected by poor agricultural harvests. There was a modest recovery…

Action plan will boost Chile's green hydrogen hopes

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CHILE

Chile was a global frontrunner in exploring the potential of green hydrogen, but progress in developing the industry has stalled in recent years. Delays in laying out clear rules…

Manama will struggle to vary its investor offering

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BAHRAIN

The Economic Development Board (EDB), the country’s investment promotion agency, announced in March that its ‘golden licence’ scheme of incentives for local and foreign investors…

Romania will not meet OECD goals by date set

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ROMANIA

The government regards joining the OECD as a national objective. Having opened accession negotiations in January 2022 and received its roadmap that June, the publication last…

Mexico will be a key player in US-China trade tensions

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MEXICO

However, it appears to have done so in no small part due to geopolitics rather than the strength of its own economy. Chinese investments and Mexican imports of Chinese products…

Costa Rica's medical device sector will grow further

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COSTA RICA

Precision and medical equipment has been the country’s largest export sector since 2017. It maintained that position in 2023, achieving 28% growth year-on-year and contributing…

Attracting investment may prove difficult in Nigeria

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NIGERIA

However, these macro-level improvements belie both uneven reform implementation and the worsening economic environment faced by most Nigerians.