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Prospects for global trade in 2020-24

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PROSPECTS 2020-24

Prospects for global trade in 2020-24.

EU ‘protectionism’ risks a global backlash

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EU

EU protectionism.

EU’s Visegrad Four will not continue in current format

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EU

Poland may have resolved its rule-of-law dispute with the EU, whereas part of Hungary’s ‘cohesion’ funds are frozen. Russia’s invasion of Ukraine has driven a wedge between Poland…

Moscow will test German pragmatism

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GERMANY/RUSSIA

Germany’s relations with Russia.

Radically new UK economic strategy could be undermined

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UNITED KINGDOM

New UK economic direction.

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…

Key EU response unlikely to soothe industry concerns

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EU

The proposals are the EU’s response to the Inflation Reduction Act (IRA) announced by the US government in August. Thus far, IRA subsidies appear to be encouraging major…

Australia-New Zealand-EU trade talks will be tough

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AUSTRALIA/NEW ZEALAND/EU

The economies involved could collectively gain as much as 12.3 billion US dollars from market liberalisation under the FTAs by the EU’s estimate. Australia and New Zealand would…

The international strength of the euro will grow

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EU

The proposals identified areas where the euro could potentially become more dominant, such as the issuance of green bonds, digital currencies, and international trade in raw…

Austrian stability will hinge on Green Party patience

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AUSTRIA

Austria's new government.