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It looks like you have manually moved the labels. You'll need to right-click on each label, then from the menu, choose Mark Label, then choose Reset Position. You'll need to do this for every label.
For the country headings, right-click on the headings and select Format, then set the vertical alignment to Bottom as shown below.
Thanks a lot for your help!
I was able to do both. For the text aligning, it turned out to be Something with the wrapping which reduced the distance between the horizontal bar and the first letter, while keeping a central position.