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• In line with USDA projections, we forecast that Cambodia’s domestic rice production surplus will climb to a record 2.84mn tonnes in the MY2024/25 (Jan-Dec) season. Output is expected to increase to an all-time high of 7.40mn tonnes while consumption is seen rising to 4.56mn tonnes. Since MY2015/16, Cambodia has by some margin achieved the

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• Orthopaedic companies recorded growth again in Q1 2024, driven by smaller companies.
• Elevated procedure volumes continue to drive revenue growth for orthopaedics companies which are working to prevent supply constraints. 
• Some companies reported that they are increasingly investing in shoulder devices given the market has strong growth

The Latest: On May 2 2024, the Spain-based hospitality company Riu Hotels and Resorts opened a new resort in Trelawny, Jamaica. The Riu Palace Aquarelle resort is located in the town of Falmouth and will be Riu Hotels' seventh property in the market. The new resort will offer 753 all-inclusive rooms and amenities such as restaurants, swimming pools

This article is the fourth in an ongoing series of articles on GCC food security ambitions and the implications these have on trade relations with food-producing countries. The first piece was an introduction to GCC food security policies, followed by an article on agricultural ties between GCC markets and South Africa and a third on India-UAE food

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• We forecast that Kenyan growth will remain strong at 5.5% in 2024, broadly in line with the 2023 outturn of 5.6% (a revision from our previous estimate of 5.5%), following the release of Q4 2023 data that was broadly in line with our expectations, and upwards revisions to previous quarters.
• Growth in 2024 will be driven primarily by private

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• The Dutch economy contracted by 0.1% q-o-q in Q124, according to the first estimate.
• We maintain our view that the gradual recovery of private consumption will be the main driver of growth in 2024.
• We maintain our expectation of a small yet positive contribution of gross fixed capital formation (GFCF) to headline growth.

The Dutch economy

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• We anticipate that the Nordic countries will increasingly pursue cross-border partnerships to develop the local pharmaceutical industry and secure medicine supply. 
• A harmonised procurement approach across the Nordics is expected to result in competitive pricing and increased access to medicines, including high-cost advanced therapies.
• The

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• We have raised our real GDP growth forecast for Russia from 2.9% in 2024 to 3.4%. This would mean that compared to 2023, the economy will now only be slowing modestly from 3.6%. 
• Our new forecast follows the solid performance of the economy in Q124 when it outperformed expectations and grew by 5.4% year-on-year. 
• Risks to this view are

The outlook for the global economy has remained relatively unchanged since last month, and we continue to forecast global growth to come in at 2.4% in 2024. Although this marks a slowdown from the 2.6% registered last year, it is higher that our January projection of 2.1%, reflecting the relative resilience of the global economy. The revised