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Mexico airport stunt brings long-term risks for AMLO

Location:

MEXICO

AMLO announced the project would be mothballed on October 29, following an ad hoc public consultation carried out between October 25 and 28. The new administration will instead…

Vietnam would face challenge to realise railway plans

Location:

VIETNAM

Vietnam signed a memorandum of understanding on developing such a line with Japan in 2006, but the National Assembly shelved the scheme in 2010. The new project could cost up to…

COVID-19 will cut tourism to Greece this year

Location:

GREECE

Restrictions on the economy’s vital tourism branch are being lifted. However, airports outside Athens and Thessaloniki stay closed until June 30. Passengers from low-risk…

India will struggle to rein in fiscal deficit

Location:

INDIA

The fiscal deficit is projected to be 9.5% of GDP in 2020/21 -- compared with a budgeted 3.5% -- narrowing to 6.8% in 2021/22 and 4.5% by 2025/26. The government is counting on…

South Africa’s government faces major tax dilemmas

Location:

SOUTH AFRICA

Wealth, inheritance and ‘solidarity’ taxes are being considered -- with the latter recently flagged as one solution to pay for COVID-19 vaccine procurement and pandemic-related…

Balance will be elusive in fragile Argentine economy

Location:

ARGENTINA

The move, which has angered the farming sector, is one of several announcements aimed at boosting revenues in order to avoid austerity, and at generating enthusiasm among the…

Mexico airline sector faces various challenges

Location:

MEXICO

The closure comes against a backdrop of challenges for the air transport sector, including the potential opening of domestic routes to international airlines and government…

TPP could spur ASEAN integration, eventually

Location:

ASEAN

ASEAN and the Trans-Pacific Partnership.