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This partly reflects the February 16 decision of DP World to delist its shares, which dominated the Nasdaq Dubai, but also comes amid other troubling recent economic developments…
In one of the most significant changes in direction in a major emerging market (EM) in recent years, newly appointed TCMB Governor Naci Agbal has tightened monetary policy…
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DOI: 10.1108/OXAN-DB257783
ISSN: 2633-304X
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Topical
It is now scheduled to run from October 1, 2021 to March 31, 2022. The economic blow to the United Arab Emirates (UAE) coincides with other severe consequences of the pandemic…
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DOI: 10.1108/OXAN-DB252779
ISSN: 2633-304X
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Geographic
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This follows an earlier downgrade from Fitch. Morocco’s principal exports -- automotive, phosphates and tourism in particular -- are vulnerable to global market volatility…
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DOI: 10.1108/OXAN-DB261231
ISSN: 2633-304X
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The impact of the pandemic and especially lower oil prices hit the government budget hard, since more than nine-tenths of revenue comes from oil sales. However, the country also…
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DOI: 10.1108/OXAN-DB261921
ISSN: 2633-304X
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Iranian officials appear to have been caught off guard by the collapse in oil prices. The draft budget for the fiscal year 2015-16 (March-March) was presented to the legislature…
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DOI: 10.1108/OXAN-DB197101
ISSN: 2633-304X
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Geographic
Topical
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…