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Belarus economic woes may complicate presidential poll

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BELARUS

This year started with a contraction of first-quarter GDP, after two years of very slow growth. Industrial output contracted as well. As world oil prices have dropped, Belarus no…

Prospects for the Russian economy to end-2018

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PROSPECTS H2 2018

Prospects for the Russian economy to end-2018.

Central Asia currency woes heighten instability risk

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CENTRAL ASIA

Central Asia's currency problems.

Azerbaijan faces hard search for new growth drivers

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AZERBAIJAN

The government wants to develop non-hydrocarbon sectors to offset the growth and fiscal problems stemming from lower global oil prices. The economy contracted in 2016 for a second…

Russian policy toolkit mixes rate rises and price caps

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RUSSIA

This is high enough to worry the Central Bank of Russia (CBR): inflation has hovered around 4%, the bank's target level, for the last four years. The CBR has responded with…

Russia faces twin hits from COVID-19 and cheap oil

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RUSSIA

The steep fall in global oil prices and rapid spread of COVID-19 have ended hopes of economic revival in 2020. The government has allocated 300 billion rubles (4 billion dollars…

Smaller trade surplus will keep ruble low this year

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RUSSIA

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…

Russian economic gloom belied by benign debt outlook

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RUSSIA

Russia's foreign and domestic debt position.

Sanctions will increase risks for Russian economy

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RUSSIA

However, although output has grown, a tight labour market and persistent inflation have created new problems. The reorientation of trade away from Europe has resulted in a…

Economic demise set to continue, but farming is a hope

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UKRAINE

The hryvnia crisis, which has seen the currency's value plummet, has deepened. However, as reported by Reuters, the NBU decision was suddenly reversed following heavy criticism…