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Optimistic expectations of Colombia’s Petro pose risks

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COLOMBIA

Turnout, at over 58%, was the highest since 1974. Petro’s largest leads were recorded in coastal departments (regions); he also secured a majority in Bogota. Although he has…

Prospects for Brazil in 2018

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PROSPECTS 2018

Prospects for Brazil in 2018.

Costa Rica’s pandemic response faces political hurdles

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COSTA RICA

In August, it asked the IMF for a USD1.75bn credit under the Extended Fund Facility. This will come on top of the USD504mn approved by the IMF for emergency financial assistance…

Jordan’s stalled economy risks rising social tensions

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JORDAN

The economy faces chronic problems of low growth, joblessness and declining living standards, resulting in periodic protests. Its heavy dependence on foreign aid, especially from…

South African government faces public-sector showdown

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SOUTH AFRICA

The negotiations follow the government’s refusal last year to pay the final annual tranche of a previous three-year deal. Containing the public-sector wage bill is seen as key for…

Balance will be elusive in fragile Argentine economy

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ARGENTINA

The move, which has angered the farming sector, is one of several announcements aimed at boosting revenues in order to avoid austerity, and at generating enthusiasm among the…

Prospects for Central-Eastern Europe in 2018

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PROSPECTS 2018

Prospects for Central-Eastern Europe in 2018.

Even if politicians deal, Lebanon faces a bleak future

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LEBANON

The audit and wider structural economic reforms are preconditions for urgently needed foreign aid. Economic conditions in Lebanon are still worsening, with power cuts, food…

Ghana's Akufo-Addo holds poll advantage over old foe

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GHANA

This is the third time Akufo-Addo and Mahama have faced each other: Akufo-Addo lost to Mahama in 2012 but won in 2016. The appearance of two well-known candidates may contribute…

Middle East socioeconomic trajectories are negative

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MIDDLE EAST

Lower global oil prices contributing to new tensions in both oil-producing and oil-importing countries.