Our correspondents reveal the major issues they will be watching closely on their respective patches this year.
After enduring perhaps its most turbulent year since World War II,s challenge in 2023 is not only to convince the world of its stability but itself. The country faces a lengthy recession and has struggled more than any other G20 nation to rebound following the pandemic. Record inflation and interest rates are hitting families hard, while mass industrial action has also proved a handbrake on economic growth and is testing the patience of a weary nation.
Charles, and his wife Camilla, Queen Consort, have proven many critics wrong in their first 100 days, with his popularity reaching record levels since the death of his mother Queen Elizabeth II in September. Westminster Abbey will be the scene of a slimmed-down but nonetheless lavish ceremony which will have to strike the right note amid a cost-of-living crisis.
that are afraid of a resurgence in infections. If it can get through it without a spike in deaths it will be well-positioned to boom. Ifsucceeds in driving growth back up above 5 per cent, the world’s economy will be better for it, but it will also face a reckoning over how much it is willing to pay to a government that is growing increasingly ambitious and authoritarian.
People throng then-president Gotabaya Rajapaksa’s official residence in Colombo, Sri Lanka, on July 11, a day after it was stormed by protesters demanding his resignation amid the country’s worst economic crisis in recent memory.Further economic difficulties are likely across the South Asia region, including slower growth in India, amid higher global interest rates and the ongoing effects of COVID-19.
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