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The government is highly dependent on steady GDP growth to meet its pledges on deficit-reduction and tax cuts. It was forced to implement EUR10bn (USD10.7bn) in emergency cuts in…
US energy policy has pushed Saudi Arabia and Russia closer together, leading to a level of cooperation inconceivable four years ago. Their leadership and coordination on such key…
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DOI: 10.1108/OXAN-DB240446
ISSN: 2633-304X
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Cetinkaya is an apparent compromise between President Recep Tayyip Erdogan and Prime Minister Ahmet Davutoglu. The MPC cut the overnight lending rate by 50 basis points to 10%…
This was about 40% of the number in November, when Meta became the first ‘big tech’ firm to trim the over-hiring of the pandemic period and reassure investors that it was cutting…
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DOI: 10.1108/OXAN-DB275805
ISSN: 2633-304X
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Geographic
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Among the key short-term measures to tackle inflation is the energy price guarantee (EPG), which will limit the average household energy bill to GPB2,500 (USD2,700) for the next…
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DOI: 10.1108/OXAN-DB272975
ISSN: 2633-304X
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Iran halted gas exports to Turkey on January 20, requiring restrictions on usage. Flows resumed in February but as Turkish demand is historically high and likely to remain so…
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DOI: 10.1108/OXAN-DB267460
ISSN: 2633-304X
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Slow cuts to global steel overcapacity.
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DOI: 10.1108/OXAN-DB209725
ISSN: 2633-304X
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Geographic
Topical
However, cuts to the social grants budget and a continued focus on the planned three-year wage freeze for civil servants has annoyed (among others) the ruling ANC's ‘Tripartite…
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DOI: 10.1108/OXAN-DB259790
ISSN: 2633-304X
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Having partly restored its inflation-fighting credibility by maintaining an exceptionally tight monetary stance since its decision last September to raise its benchmark rate to a…
The decision reflects doubts over Finance Minister Bruno Le Maire's four-year plan to “chill” state spending and reduce France's accumulated debt from 111.6% of GDP to 108.3% by…