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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…

Balkan IT talent will draw more international interest

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BALKANS

AI start-ups and companies founded in the last few years in South-eastern Europe are now starting to reveal their potential. However, factors such as the brain drain and the…

Climate finance will grow but huge challenges persist

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INTERNATIONAL

Climate investment globally topped USD1tn last year but remains well short of the estimated USD8tn requirement. Most funding goes to developed economies and mitigation projects…

Any recovery from the UK recession will be very modest

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UNITED KINGDOM

Government measures to boost the economy, including tax cuts in November, are having little effect. There is little scope for further stimulus in the March budget. Political…

Iran is approaching the limits of its oil expansion

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IRAN

Iran’s increasingly skilled sanctions evasion (aided by less intense US enforcement) has made it the second-largest contributor to higher global oil output over the past year…

Northern Irish economic gains are not guaranteed

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UNITED KINGDOM

Efforts to attract foreign investment to Northern Ireland have so far failed to bring about the desired results, owing to long-term issues that undermine investment, including low…

Somalia and Turkey may struggle to realise oil deal

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SOMALIA/TURKEY

The deal builds on the recent ten-year agreement on maritime defence cooperation. Somalia is believed to have significant onshore and offshore oil and gas potential. However…

China will remain a key investment destination

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CHINA

A crackdown by the authorities on foreign multinationals operating in China, via an amended anti-espionage law, and tightening data control have emerged as considerable…

South-east Asia may align more with China in near term

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SOUTH-EAST ASIA

A key finding is that 50.5% of respondents would pick China if forced to take sides in US-Chinese rivalry, up from 38.9% in 2023. China continues to be regarded as the most…

Eased travel to China will have limited success

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CHINA

Measures include relaxed visa requirements and improved payment options. Visitors from some European and South-east Asian countries have joined a group of 17 other countries that…