The European Commission could launch an excessive deficit procedure against Italy in the next few months for breaking spending and...
News Category: Politics
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Italy: Risk of unprecedented fine and resurging financial turmoil elevated -
Greece: New Democracy expected to win general election but economic recovery set to remain sluggish After suffering a resounding defeat to the conservative opposition New Democracy (ND) party in the European and local elections last... -
Guatemala: Run-off seems guaranteed for tainted presidential elections; economic consequences uncertain President Jimmy Morales’ corruption-scandal ridden presidency will come to an end when Guatemalans head to the polls on 16 June... -
Mexico: U.S. tariffs averted for now but uncertainty lingers Mexico and the United States reached a tenuous agreement on 7 June to avoid crippling U.S.-imposed tariffs on all Mexican... -
Kazakhstan: Tokayev victory will ensure continuity of economic policy Acting President Kassym-Jomart Tokayev is on course to win the snap election scheduled for 9 June, with the tightly controlled... -
Israel: Fresh elections called after Netanyahu fails to form a coalition; economic fallout to be limited On 29 May, MPs voted to dissolve Parliament, triggering fresh elections for 17 September, after incumbent Prime Minister Benjamin Netanyahu... -
Austria: “Ibiza affair” brings down Sebastian Kurz’s chancellorship On 27 May, Austria entered unchartered political waters; for the first time in the country’s modern history has a chancellor... -
United States: Trade war escalates, amplifying downside risks and reducing likelihood of a deal The trade war between the United States and China dramatically escalated on 10 May when President Trump raised the existing tariff... -
United Kingdom: Theresa May resigns over Brexit impasse, risk of no-deal Brexit and general election rises On 24 May, Prime Minister Theresa May announced that she would resign as Conservative leader on 7 June, paving the... -
Australia: Healthy public finances and lower taxes ahead, as Australians defy opinion polls and reelect center-right government Australia’s parliamentary election on 18 May delivered a surprise victory to the ruling center-right Liberal–National coalition, led by Prime Minister...