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Eastern members risk falling behind rest of EU

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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…

Turkey will reduce inflation gradually

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TURKEY

Although the central bank has increased interest rates substantially since June 2023, the effects on economic activity and inflation have been limited. Prices and policy…

Low savings limit Japanese spending and GDP growth

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JAPAN

The economy slowed sharply in the second half of 2023. Consumption is lower than a decade ago, as a consequence of population ageing and insufficient savings, which reflects a…

Lack of CBN reform may fuel more corruption in Nigeria

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NIGERIA

Cardoso has promised to prosecute any entities involved in making fraudulent claims. The Deloitte audit is one of three concurrent investigations into the bank’s management under…

South Africa faces fiscal reform challenges

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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.

Colombia’s economy faces sluggish growth in 2024

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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…

Nigeria will struggle to boost food output

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NIGERIA

This is up from nearly 19 million people in 2023. The crisis has worsened in recent weeks with major food and cost-of-living protests erupting across several states, as well as…

Prospects for Brazil in 2024

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PROSPECTS 2024

After a government change in January 2023 following a process clouded by doubts over the resilience of Brazilian democracy, key institutions have strengthened their position, and…