All articles tagged with #regional impact
Bulgaria's adoption of the euro in 2026 is expected to reduce currency friction, boost cross-border trade, tourism, and property investments with Greece, especially in northern regions, while potentially increasing inflation and competition in the long term.
The 'big beautiful bill' makes permanent the 2017 tax cuts, adds new benefits, and results in varying tax savings across regions, with mountain resort towns and high-income areas seeing the largest cuts, while lower-income and rural areas see smaller benefits and face future social spending cuts.
China has begun construction on the world's largest hydropower dam on the Yarlung Tsangpo river, a project valued at around £124 billion, which aims to generate significant renewable energy but faces criticism from India, Bangladesh, environmentalists, and Tibetan groups due to potential ecological and geopolitical impacts.
The article discusses the weakening and potential collapse of Iran's Islamic Republic, highlighting military defeats, internal protests, and regional setbacks, which threaten to reshape the Middle East and challenge the regime's stability and influence.
The World Bank has revised down its growth forecast for China in 2024 to 4.4% due to the ongoing property crisis, which is expected to have a negative impact on the country's economy and drag down regional countries as well.