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Prospects for the global economy to end-2022

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PROSPECTS

Prospects for the global economy to end-2022.

Russian economy edges into recovery phase

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RUSSIA

Positive signs are still thin on the ground, but a modest recovery in demand is apparent. Oil export figures are less bad than they could have been, and natural gas sales are…

Russian regions are to halve deficits this year

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RUSSIA

Last year, these transfers hit a record level, as Moscow issued extra money to help regions cope with the COVID-19 pandemic, but this was still not enough to cover all their…

Kazakh fiscal buffers soften oil and COVID-19 blows

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KAZAKHSTAN

The projected fiscal deficit of 3.5% of GDP assumes a forecast 2.1% economic contraction this year. The authorities have used their ample fiscal space and large sovereign wealth…

Russia's 2018 GDP mini-surge will not be repeated

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RUSSIA

Russia's economic performance.

Climate change will hit the Andean region unevenly

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LATIN AMERICA

Such impacts look set to worsen, affecting biodiversity and human society alike. The Intergovernmental Panel on Climate Change (IPCC) Atlas suggests, in its worst-case scenario…

The great GDP contraction may herald huge crowding out

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INTERNATIONAL

Economic stimulus schemes and gaps.

Pharmaceutical protectionism will outlast the pandemic

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INTERNATIONAL

Global trade in pharmacutical products and medical supplies.

Nigeria faces widening inequality and poverty crises

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NIGERIA

With the economy expected to contract by at least 5.4% this year, government measures to cushion the effects of the crisis are unlikely to be enough to stem worsening hardship for…

Technology will revolutionise agriculture and retail

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INTERNATIONAL

Food technology.