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EU-US data transfer pact faces legal hurdles

Location:

EU/US

The Framework’s adoption would be facilitated by the possible passage in the United States of a long-awaited federal consumer privacy law. European data protection authorities…

Early Argentine economic successes are unsustainable

Location:

ARGENTINA

The government has posted the first fiscal surplus in years, inflation has declined and foreign currency reserves have risen from USD21.0bn in mid-December to USD28.5bn. However…

Island transfer will promote Saudi-Israeli ties

Location:

SAUDI ARABIA/ISRAEL

Egypt ceded the Tiran and Sanafir islands to Saudi Arabia in 2017. Israel lifted its veto on the deal in July and in exchange, Saudi Arabia opened its airspace to all Israeli…

Frente Amplio merger will not solve Chile challenges

Location:

CHILE

The FA, led by President Gabriel Boric, has suffered several important setbacks since he took office in March 2022.

Brazil fiscal and welfare spending demands will clash

Location:

BRAZIL

The economy is at a crossroads: high unemployment and increasing poverty are generating pressures for greater income transfers, but the delicate fiscal position is generating…

Russia and EU in final phase of rubles-for-gas contest

Location:

RUSSIA

EU states have said previously that payment must be in euros or dollars, as stipulated in contracts. A new advisory note from the Commission suggests that buyers could comply with…

ECJ ruling further dims EU-US data protection outlook

Location:

EU/US

The ECJ ruling could add to potential disruptions to transatlantic commercial data flows arising from the EU's developing data protection regime that a study for the US Chamber of…

New Greek government right or left will undo austerity

Location:

GREECE

The Syriza government, trailing by a margin of around 10 percentage points (pp), has abandoned its commitment to creditors to reduce pensions and taxes in exchange for debt relief…

EU doubts over effectiveness will dog Privacy Shield

Location:

EU/US

The meeting took place against a background of persisting tensions between European authorities and the mainly US-owned digital giants over questions of data protection and…

Radical pension reform will face obstacles in Chile

Location:

CHILE

The reform would give the state a preponderant role in a system currently administered by private companies (AFPs). It would also increase the mandatory contribution rate and, in…