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Saudi capital spending allocations are on the rise

Location:

SAUDI ARABIA

However, because of the large surplus of 2.5% recorded in that year, Riyadh’s public debt is only about 25% of GDP, providing the government and the country’s sovereign wealth…

India budget shows commitment to fiscal prudence

Location:

INDIA

It is only an interim budget because a general election is set to take place soon, most likely in April-May. The budget surprised many observers because of its lack of…

Mexico expropriation risk may rise as AMLO term ends

Location:

MEXICO

The move was not altogether unexpected, with the energy ministry having previously hinted it was possible. It nevertheless feeds concerns that the outgoing administration of…

Russia will rely more on Chinese demand for gas

Location:

RUSSIA

Modestly increased gas exports to China have offset only a fraction of the lost business in Europe. The United States last year imposed sanctions on the flagship Arctic-2 LNG…

Attacks on Russian refineries will cause oil shortages

Location:

RUSSIA

The rising frequency of drone attacks is raising the risk of oil product shortages within Russia. Already Western sanctions on the supply of spare parts had made the maintenance…