US sanctions and years of mismanagement have crippled Venezuela’s oil-based economy and poses challenges for new leader.
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As a crucial election approaches, ANC government looks set to tap in to business in an effort to revamp infrastructure.
UK’s new legal minimum wage gets a 9.8 percent rise, the highest boost since 2001. But with inflation, it’s not enough.
Milei is struggling to overcome hostile lawmakers to enact his radical austerity agenda even as social tensions rise.
Russian president’s all but guaranteed fifth term in power comes as economy has outperformed expectations.
Analysts say Beijing needs to roll out measures to stimulate greater domestic consumption amid slowing growth.
New gov’t will have to deal with soaring inflation, increasing poverty, low forex reserves and weakening infrastructure.
Despite diverting supplies from the Suez Canal, tensions in the Red Sea have so far had a muted impact on energy prices.
US interest rates, oil prices and the Chinese economy will determine the global economy next year.
Lula also takes over at a time of bitter internal divisions in the group, legacy of outgoing president Narendra Modi.
