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The oil cuts reflect the country’s newly assertive oil market policy that is largely driven by the need to fund the government’s economic programme. It also underlines Riyadh’s…
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DOI: 10.1108/OXAN-DB280504
ISSN: 2633-304X
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Soaring government spending, driven by the war in Ukraine, has pushed economic activity beyond levels many thought possible given the available supply of labour and capital. Yet…
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DOI: 10.1108/OXAN-DB287067
ISSN: 2633-304X
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Geographic
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This was the first acceleration after twelve consecutive declines and was driven by an 11% rise in the prices of services. The war in Ukraine has exposed Russia’s consumers to…
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DOI: 10.1108/OXAN-DB280140
ISSN: 2633-304X
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Despite recent economic stabilisation, future growth prospects are severely limited owing to Russia’s international isolation. A prolonged war in Ukraine would threaten the…
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DOI: 10.1108/OXAN-DB279750
ISSN: 2633-304X
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There are growing doubts about the commercial viability of the synthetic diamond sector, which has in recent years reshaped the international diamond market. LGDs have opened…
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DOI: 10.1108/OXAN-DB282740
ISSN: 2633-304X
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Pronounced ruble depreciation this year attests to the efficacy of sanctions in disrupting Russia’s external trade. The weaker ruble has already provoked a spike in household…
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DOI: 10.1108/OXAN-DB281176
ISSN: 2633-304X
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Farmers in Central and Eastern Europe (CEE) are demanding strong government support as they deal with droughts and the economic ripple effects of Russia’s invasion of Ukraine…
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DOI: 10.1108/OXAN-DB281395
ISSN: 2633-304X
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The Ministry of Finance is seeking new ways to boost federal revenues to fund rising military expenditure, as well as any pledges made during the forthcoming presidential election…
Most of Russia’s hydrocarbon export revenues are generated from oil now that gas sales have collapsed. Ambitious state spending plans are based on oil revenues rising this year…
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DOI: 10.1108/OXAN-DB284811
ISSN: 2633-304X
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Geographic
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Critics say the move weakens the Bangladesh Election Commission (EC). The next general election will likely take place in January. The ruling Awami League (AL) continues to reject…