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Afghan drug ban may be close to unravelling

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AFGHANISTAN

Local villagers were ignoring the ban on the production, use and trafficking of drugs, announced by Taliban supreme leader Haibatullah Akhundzada in April 2022. The Taliban…

Firmer forecasts for 2020 world growth are unrealistic

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INTERNATIONAL

Trade activity has been sharply downgraded: five years ago, the Fund expected 5.6% trade volumes growth this year. Now it sees 1.1%, one-third of the pace it forecast in April…

Outreach could bring economic rewards to North Korea

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NORTH KOREA

The outlook for North Korea's economy.

China will drag feet on urgent pension reform

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CHINA

Pension reform in China.

Taiwan’s president-elect faces a divided parliament

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TAIWAN

Voters elect representatives from their geographic constituencies (73 seats) and vote separately for a political party, which then fields 34 legislators-at-large not tied to a…

Middle East and North Africa will lead tourist rebound

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MIDDLE EAST/NORTH AFRICA

The Middle East has been a key market in the post-pandemic rebound in global tourism, boosted by one-off events in the Gulf Cooperation Council (GCC) in 2022. GCC states are…

Government instability will be endemic in Nepal

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NEPAL

KP Sharma Oli’s Communist Party of Nepal (Unified Marxist-Leninist) left the ruling coalition that was formed shortly after the November general election when it became clear that…

Canada will struggle to diversify trade

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CANADA/INT

US efforts to renegotiate NAFTA were already tense, but this round of talks comes after Canada filed a wide-ranging complaint at the WTO over US trade practices. Meanwhile, the…

Timor Sea dispute poses stability risk to East Timor

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EAST TIMOR

In the article, Ramos-Horta argues that Australia unfairly negotiated the Timor Sea maritime border. East Timor launched compulsory conciliation proceedings against Australia…

US-China phase-two trade deals will be issue specific

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INTERNATIONAL

To halt trade hostilities, Beijing promised to buy more US imports, dismantle tariff and non-tariff barriers and open its financial services market to US firms. In return, the…