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Air traffic will take years to return to 2019 levels

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INTERNATIONAL

However, it remains uncertain how evolving measures to curb the spread of COVID-19 will affect their operations, how long it will take for consumer confidence to recover, and…

Developing economies will struggle to rebound solidly

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INTERNATIONAL

Although the Fund upgraded its forecast for global growth this year to 6%, the recovery is becoming more uneven. Decisions were taken on global corporate tax, extended debt relief…

Governance in Brazil will become more challenging

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BRAZIL

When credit rating agency Standard & Poor's downgraded Brazil's foreign currency debt to 'junk' status on September 9, it cited "political challenges" "weighing on the…

Political pressure may mount on Canada’s Trudeau

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CANADA

As Canada enters the second half of Trudeau’s government, with a federal election due in October 2019, the Liberal Party’s prospects of a second term in office are fair to good…

Prospects for Argentina to end-2020

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PROSPECTS H2 2020

The first-quarter fall, following full-year contractions of 2.5% and 2.2% in 2018 and 2019, includes only the first ten days of the COVID-19-related lockdown, which continues. The…

Volatility of Mexican peso likely to worsen in 2018

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MEXICO

The peso is depreciating sharply due to renewed uncertainty surrounding the North American Free Trade Agreement (NAFTA). Further volatility may be caused by an acrimonious and…

China need not sustain faster GDP growth

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CHINA

China economic outlook for 2017.

EU will likely adopt a more protectionist trade policy

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EU

The EU, concerned at the future of its own automotive industry, has threatened a ‘Buy European’ approach in response. Protection is rising as the WTO weakens and states target…

Hungarian economic stimulus measures will leave gaps

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HUNGARY

The series of tax-related measures that the Fidesz government hopes will boost competitiveness and support GDP by reducing labour shortages.

Saudi women will struggle to dictate pace of reform

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SAUDI ARABIA

The measures represent a milestone in the ongoing process of easing restrictive rules which make women legally dependent on husbands or male relatives. However, several leading…