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US urges Kyiv to show restraint in refinery campaign

Location:

UKRAINE

UKRAINE: US urges restraint in refinery campaign

Turkey will reduce inflation gradually

Location:

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…

Russia will exploit tension but will not encourage war

Location:

RUSSIA

Russia maintains a delicate balance in the Middle East, preserving a close relationship with Shia-majority Iran and a security presence in neighbouring Syria while seeking…

Indonesia oversupply will further tighten world nickel

Location:

INTERNATIONAL

Although electric vehicle (EV) battery usage has increased demand for nickel, the increase in Indonesian production to above 2 million tons annually has caused a glut on the…

Costa Rica's medical device sector will grow further

Location:

COSTA RICA

Precision and medical equipment has been the country’s largest export sector since 2017. It maintained that position in 2023, achieving 28% growth year-on-year and contributing…

The EU’s phase-out of Russian gas is not guaranteed

Location:

EU

This is the trajectory followed by the majority of member states. However, blockages remain in east-central Europe, where Turkey could play a role in maintaining direct or…

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…

Beijing-Washington ties will be competition-based

Location:

CHINA/UNITED STATES

Despite some positive short-term outcomes, the two sides’ read-outs reflect the structural nature of their competition and the limits that this places on cooperation.

Serious EU-China trade conflict is unlikely

Location:

EU/CHINA

The Commission claims that Chinese EVs are much cheaper than EU ones because of subsidies, which is damaging EU industrial competitiveness in an unfair manner. The announcement…

Qatar will prioritise US and Asian investments

Location:

QATAR

Doha is boosting the liquidity of the QIA, its sovereign wealth fund (SWF), using some of its high fiscal surplus. The SWF is in the midst of a period of portfolio rebalancing, by…