Search results

COVID-19 will shape Argentine debt and poverty plans

Location:

ARGENTINA

The government has again extended its self-imposed deadline to complete debt restructuring talks until June 12 and there is increased optimism about an eventual deal despite last…

Euro-area COVID-19 recovery could be L-shaped

Location:

EU

Euro-area outlook.

Russian regions are to halve deficits this year

Location:

RUSSIA

Last year, these transfers hit a record level, as Moscow issued extra money to help regions cope with the COVID-19 pandemic, but this was still not enough to cover all their…

Hurricane damage will accelerate Puerto Rico’s slide

Location:

PUERTO RICO

Hurricane Maria made landfall on Puerto Rico as a Category Four hurricane, two weeks after Category Five Hurricane Irma wrought severe wind and flood damage to much of the…

Prospects for Argentina to end-2020

Location:

PROSPECTS H2 2020

The first-quarter fall, following full-year contractions of 2.5% and 2.2% in 2018 and 2019, includes only the first ten days of the COVID-19-related lockdown, which continues. The…

Myanmar junta may weaken but will not make concessions

Location:

MYANMAR

ASEAN’s ‘Five-Point Consensus’ plan to ease the fallout from the 2021 coup shows no signs of making progress, and Cambodia -- the group’s 2022 chair -- has stopped advocating…

Indonesia tax amnesty could strain Singapore relations

Location:

INDONESIA/SINGAPORE

The tax amnesty could see more than 40 billion dollars in untaxed funds entering Indonesia's economy, the central bank estimates. The measure is the latest in a series of…

The ECB will be slow to expand unconventional policy

Location:

EU

While the Governing Council is divided over the issue, President Christine Lagarde appears to favour more active fiscal policy by member states to stabilise the European economy.