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New Brazil industrial plan will face uncertainties

Location:

BRAZIL

The plan covers six priority areas: agro-industry, health, infrastructure and mobility, digital transformation, bio-economy and defence. Most of the BRL300bn (USD60bn) in…

Indonesia president-elect faces thorny issues

Location:

INDONESIA

It confirmed Defence Minister Prabowo Subianto as the winner of the race to succeed Joko ‘Jokowi’ Widodo as president. The elections for the People’s Representative Council (DPR)…

South-east Asia may align more with China in near term

Location:

SOUTH-EAST ASIA

A key finding is that 50.5% of respondents would pick China if forced to take sides in US-Chinese rivalry, up from 38.9% in 2023. China continues to be regarded as the most…

Risks will outweigh recovery chances in Eastern Europe

Location:

EASTERN EUROPE

The economic environment has been dictated by Russia’s war in Ukraine and its market and policy implications. Next year, the prospects for the V4 economies are moderately upbeat…

China’s property downturn resolution will take years

Location:

CHINA

The housing market is experiencing its largest downturn, triggered by government action in 2020 to limit financial risks from the property sector by introducing debt ceilings for…

Saudi capital spending allocations are on the rise

Location:

SAUDI ARABIA

However, because of the large surplus of 2.5% recorded in that year, Riyadh’s public debt is only about 25% of GDP, providing the government and the country’s sovereign wealth…

ASEAN-Australia relations will grow

Location:

ASEAN/AUSTRALIA

Besides a leaders’ plenary and retreat, there were events linked to four thematic tracks: business; climate and clean energy; maritime cooperation; and emerging leaders…

Tripling renewable power scale by 2030 is unfeasible

Location:

INT

This means increasing wind and solar capacity more than threefold. Although solar photovoltaics (PV) could exceed expectations, wind power is unlikely to expand fast enough. As…

India budget shows commitment to fiscal prudence

Location:

INDIA

It is only an interim budget because a general election is set to take place soon, most likely in April-May. The budget surprised many observers because of its lack of…

North Macedonian renewables policy will survive poll

Location:

NORTH MACEDONIA

From a small base, more electricity is being generated from renewable energy sources (RES): 551 megawatts of installed capacity were licensed in the past two years. However…