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Economic challenges ahead for Honduras’s Castro

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HONDURAS

GDP growth of 9% in 2021 represented a complete rebound following the 9% contraction recorded in 2020. Reconstruction efforts after two tropical storms in late 2020 partly explain…

Singapore’s green credentials will grow

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SINGAPORE

In October, it signed a landmark green economy deal with Australia. The Financial Services Industry Transformation Map (ITM) 2025 released by the Monetary Authority of Singapore…

Central America integration talk will not drive action

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CENTRAL AMERICA

The migrant crisis was a key theme at December’s summit of the Central American Integration System (SICA). The region’s leaders agreed on a need to address underlying causes…

Laos is at growing risk of sovereign debt default

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LAOS

According to a debt sustainability analysis published by the IMF in May, Laos is in debt distress. Years of rapid growth in borrowing to fund infrastructure development…

Natural capital will be a growth area for investment

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INTERNATIONAL

Investors are increasingly interested in the financial value of the natural world and how to fit it into their investment strategies. As well as decreasing carbon emissions, the…

Belize’s economic recovery will slow

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BELIZE

Both the IMF and the UN Economic Commission for Latin America and the Caribbean forecast growth of 2.0% this year, driven by tourism. Tourism accounts indirectly for almost 40% of…

Nicaragua canal is unlikely to be built

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NICARAGUA

Concerns are growing over the future of Nicaragua's canal project.

Finance institutions’ climate stress testing will grow

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INTERNATIONAL

Although there is agreement on baseline scenarios, modelling presents a huge challenge due to the unprecedentedly lengthy timescales, and there is a risk of significant divergence…

Earthquake impacts will deepen Haiti's economic woes

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HAITI

A lack of fiscal buffers to mitigate the pandemic’s dramatic consequences has increased Haiti’s dependence on international financial assistance, while a recent earthquake has…

Brazil's Amazon drought poses environmental challenges

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BRAZIL

Since late September rains have failed in the Amazon region, causing the most severe drought in over a century. Factors including El Nino, climate change and ongoing fires are…