Philippine tax reforms will need compromise

The government's tax reform proposals have met criticism in congress

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Russia's Rosneft will gain by acquiring smaller rival

The sale of one state-owned firm to another is not what the government planned for its privatisation process

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The new government could prove longer-lasting than its predecessor and actually carry out necessary economic reform

Summary

Theresa May's approach is likely to focus on regional development and research and development

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Even as President Xi Jinping strengthens party rule, local officials are pushing back against government policies

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Russia is in a favourable position with relatively low debt levels and manageable repayments

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Adriatic states are keen to participate, but the proposed pipeline needs significant investment

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Ankara's best effort yet to revive the south-eastern economy will bring only limited benefits without peace and trust

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Brexit will add impetus to a realignment of UK foreign policy underway, and open new ASEAN-UK trade opportunities

Graphic Analysis

The government has announced pay cuts and freezes for civil servants

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