France’s 2025 budget heralds a new era of austerity

Spiralling debt has forced Paris to implement a budget dominated by tax increases and spending cuts

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China’s renminbi will depend on US Fed and election

Despite the recent renminbi rally, the US election result and Fed monetary policy easing cycle remain downside risks

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Noboa has reason to be optimistic about next year’s election, but his return to office is far from guaranteed

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The retirement age will rise for the first time in decades, as will mandatory pension contributions for formal workers

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Credit rating agencies upgraded Croatia's sovereign credit rating to A-.

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Mexico’s first woman president had been sworn into office, promising ‘continuity with change’

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Islamabad last week secured a new bailout programme with the IMF

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Tight monetary policy is slowing economic activity, without bringing down inflation as rapidly as sought

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President Javier Milei has presented a draft 2025 budget promising spending cuts and a small surplus

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The government unveiled measures to combat the rising cost of living

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