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Australia’s economy will recover slowly from COVID-19

Location:

AUSTRALIA

Australia is battling COVID-19, which has necessitated social and economic lockdowns which have hit the economy. Parliament passed the budget measures on October 9, with little…

New Zealand’s election looms as COVID-19 recedes

Location:

NEW ZEALAND

The economy is recovering fast, while it has been weeks since a case of COVID-19 was acquired within New Zealand from an unknown source. The country’s challenge now is determining…

Virus will have wide effects on US industry

Location:

UNITED STATES

Trump on March 16 ordered social distancing and many businesses’ closure for 15 days, to slow COVID-19’s spread and avoid overwhelming hospitals. Transport, tourism, leisure…

Second COVID-19 wave will test Madagascar’s Rajoelina

Location:

MADAGASCAR

However, with a second wave underway and the mining and tourism sectors -- key foreign exchange earners -- upended, he recently changed tack, authorising an immunisation programme…

Croatia will watch whether euro adoption raises prices

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CROATIA

After implementing its anti-inflationary stabilisation programme in 1993, Croatia recorded stable and modest inflation rates. That changed in 2022, when inflation accelerated…

New Zealand COVID-19 fightback prospects are positive

Location:

NEW ZEALAND

The government has locked the country down for four weeks and legislated to borrow up 52 million dollars (30.7 million US dollars), equivalent to 17% of GDP. The Reserve Bank of…

Risks threaten optimistic Greek growth forecasts

Location:

GREECE

After the 2021-22 post-pandemic rebound, growth is stabilising at around 2%. Barring new external shocks, it is expected to remain at this level in the coming years. Improved…

COVID-19 may hit less resilient EU eastern areas more

Location:

EU

At least in the EU’s eleven eastern member states (EU-11), there has been significant if slow progress in lifting standards of living across the board in the past decade…

Australian budget curbs spending but dodges reform

Location:

AUSTRALIA

This seventh successive monthly increase takes the RBA’s benchmark cash rate to a nine-year high. With inflation now expected to exceed even the more recent RBA forecasts, further…

Emerging Asia activity will slow despite China rebound

Location:

INTERNATIONAL

ASEAN's growth is nevertheless expected to outpace global growth, of which China and India are expected to contribute more than 50% -- India about 15% and China around 35%.