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The impact of Pix has been transformative for the financial system and the payments landscape in Brazil, and it has gained praise from the IMF for its positive impact on financial…
Much of this work must be done by subnational and private sector actors, including companies, and state and local governments. The latter have made measured progress on ramping up…
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DOI: 10.1108/OXAN-DB284378
ISSN: 2633-304X
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Some of these rules will directly impact UK-based financial services firms enmeshed in UK markets, though the United Kingdom aspires to diverge from the common regulatory regime…
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DOI: 10.1108/OXAN-DB287041
ISSN: 2633-304X
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War, sanctions and a mutual desire to overturn US-led regional security orders have pushed Moscow and Tehran closer together. Moscow desires to turn what has historically been a…
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DOI: 10.1108/OXAN-DB284914
ISSN: 2633-304X
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However, problems with the count have delayed an official result. Bukele, who has already served nearly a full term as president, circumvented a constitutional ban on re-election…
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DOI: 10.1108/OXAN-DB285141
ISSN: 2633-304X
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This was soon after further details emerged about previously reported financial scandals. The largest involves alleged embezzlement of more than VND300tn (well over USD12bn) from…
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DOI: 10.1108/OXAN-DB283924
ISSN: 2633-304X
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The elections, resulting in a fractured mandate and marred by allegations of rigging, have increased polarisation. Separately, Pakistan’s nine-month, roughly USD3bn Stand-By…
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DOI: 10.1108/OXAN-DB285381
ISSN: 2633-304X
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Banking sector profitability surged from RUB199bn (USD2.2bn) in 2022 to around RUB3.3tn in 2023. Rising profitability was generated by robust credit expansion, lower loan…
Islamabad now seeks a larger, longer-term bailout programme with the Fund. Finance Minister Muhammad Aurangzeb has suggested that a staff-level agreement on such a package could…
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DOI: 10.1108/OXAN-DB286930
ISSN: 2633-304X
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Afghanistan’s ruling Taliban want production to expand to 19,000 b/d shortly. They are counting on the extractives sector to help boost revenue and shore up the flailing economy.