News Category: Politics
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Croatia: Croatia adopts the euro; a range of economic benefits awaits -
Cyprus: Cyprus heads to presidential elections amid a fragmented Parliament — After the first round in early February, the election is expected to go to a second round. — Nikos... -
United Kingdom: New chancellor performs fiscal policy U-turn; Liz Truss resigns Jeremy Hunt replaced Kwasi Kwarteng as chancellor and announced the reversal of most of Kwarteng’s tax cuts. The fiscal deficit... -
China: 20th Party Congress to signal policy continuity Xi Jinping is set to be appointed for a third term as leader His third term will likely retain a... -
United Kingdom: New Prime Minister Liz Truss announces large fiscal stimulus What’s happened: Liz Truss’ government recently unveiled a two-year cap on household energy bills and a six-month cap on bills... -
United Kingdom: UK prepares for a new Prime Minister; extra fiscal support likely Liz Truss is the favorite to become Prime Minister in September, and promises tax cuts. The cost-of-living crisis is likely... -
Taiwan: Taiwan buffeted by Chinese trade sanctions and military drills The near-term economic impact should be limited. Longer-term risks are significant due to the potential for further sanctions, shipping disruptions... -
Israel: Israel set for fifth election in less than four years; economy will not be unduly affected What happened: At the end of June, Parliament was dissolved and snap elections were set for 1 November. This came... -
Chile: Government announces ambitious package to increase tax take What happened: On 1 July, the government proposed to raise the tax take by 4.1% of GDP annually by 2026.... -
Colombia: Hernández and Petro to face off in second-round runoff As expected, left-winger Gustavo Petro triumphed in the first round of presidential elections held on 29 May. However, right-wing populist...