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Ecuador’s 2024 budget will prompt mixed reactions

Location:

ECUADOR

However, there are signs that political cooperation is beginning to crumble, which will reduce the pace of reform. A National Assembly vote later this month on the government’s…

Eastern members risk falling behind rest of EU

Location:

EU

Speaking on the occasion, European Commission President Ursula von der Leyen said that, over the past 20 years, the promise of stability and prosperity has been fulfilled…

China’s exports will recover but trade sanctions loom

Location:

CHINA

Chinese exports grew by 7.1% year-on-year in US dollar terms, while imports expanded by 3.5%. The trade gap narrowed to USD39.7bn in February. Export growth was buoyed by rapid…

EU will struggle to meet new climate targets

Location:

EU

If approved, the targets will profoundly shape EU economic and environmental policy over the next two decades. The power sector will bear most of the decarbonisation burden to…

Mongolian election will reconfigure politics

Location:

MONGOLIA

The introduction of proportional representation opens the way for more parties to enter the legislature. Parties and candidates have tactical decisions to make in a bid to…

EU/UK financial trading risks need close monitoring

Location:

EU/UK

Hedge funds are systemically important participants in financial markets and their preference for leverage amplifies their impact, especially when interest rate changes prompt…

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…

South Africa faces fiscal reform challenges

Location:

SOUTH AFRICA

However, there are question marks over his ability to deliver on the ambitious spending cuts needed as tax collection falls in a weak economy.

EU threatens Slovakia with rule-of-law sanctions

Location:

EASTERN EUROPE

The EU has warned Slovakia that it could face fines or blocked EU funds over concerns that the government’s judicial reforms, particularly those protecting politicians from…

Romania will not meet OECD goals by date set

Location:

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…