BRICS will be increasingly relevant to South-east Asia

Thailand and Malaysia have applied to join the group and other regional countries are interested in doing so

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Political uncertainty clouds US economic soft landing

The US economy remains on track for a relatively soft landing amid heightened political uncertainty

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The Central Bank has begun lowering interest rates in the hope that inflation will ease regardless

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The Gulf Cooperation Council states lead the way in the adoption of CBDCs in the Middle East and North Africa

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GDP is forecast to rise by 2.4% this year after an estimated 2.1% growth in 2023

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Ethiopia has agreed to a new IMF programme that unlocks significant new support but will also fuel short-term challenges

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Sheikh Hasina’s resignation as prime minister in the face of major protests has left the country at a crossroads

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Risks to financial stability are rising as Russia’s authorities struggle with rising inflation

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Tokyo is courting foreign direct investment (FDI) in strategic sectors amid yen depreciation and geopolitical risks

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Annual GDP growth slowed to 4.7% in April-June on weaker retail sales and property market activity, but exports improved

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