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Colombia’s economy faces sluggish growth in 2024

Location:

COLOMBIA

Expectations for 2024 suggest lower inflation than last year, but risks persist. The OECD forecasts moderate GDP growth, highlighting inflation and interest rate concerns. Minimum…

French government faces a difficult fiscal dilemma

Location:

FRANCE

As a result of dwindling tax revenue, he also said that state spending would be cut by EUR10bn (USD10.8bn). The government’s forecast for this year is more optimistic than…

Economic improvement in Chile will remain moderate

Location:

CHILE

The figures also indicate that the imbalances created by pandemic-related injections of liquidity in 2000 and 2021 have largely been corrected.

AI use in the fashion industry will proliferate

Location:

INT

Firms in this sector are deploying AI in functions as diverse as consumer behaviour analysis and product development to supply chain management and marketing. The fashion industry…

Gulf economies are on a stable track despite risks

Location:

GULF STATES

The IMF has revised downwards its forecast for Saudi GDP growth in 2024 to 2.7% but raised its 2025 forecast to 5.5%. This reflects a positive medium-term outlook for the Gulf…

Indian telecoms law expands state's powers

Location:

INDIA

The changes follow complaints from the government about the content generated by Gemini on some of Prime Minister Narendra Modi’s policies. While election-related disinformation…

US federal support will continue to aid green energy

Location:

UNITED STATES

Initial funding from the Inflation Reduction Act (IRA), which contains much of the Biden administration’s clean energy agenda, became available during 2023. Much of the…

Permitting reforms seek to boost investment in Chile

Location:

CHILE

Previous governments have also attempted to simplify permitting, with little success. They encountered difficulties in passing bills, while the continuity of administrative…

Risks threaten optimistic Greek growth forecasts

Location:

GREECE

After the 2021-22 post-pandemic rebound, growth is stabilising at around 2%. Barring new external shocks, it is expected to remain at this level in the coming years. Improved…

Clean energy brings Latin American hopes and obstacles

Location:

LATIN AMERICA

The forecast acceleration in the energy transition provides an opportunity for Latin America to boost growth by producing fuels, materials and products used to drive the adoption…