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Prospects for US politics to end-2019

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PROSPECTS H2 2019

Prospects for US politics to end-2019.

South African budget plans may prove too ambitious

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SOUTH AFRICA

However, the MTBPS relies even more heavily on getting powerful public-sector unions to agree to unprecedented wage freezes over the next three years, putting its credibility in…

South African budget prompts cheer and wider divisions

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SOUTH AFRICA

However, cuts to the social grants budget and a continued focus on the planned three-year wage freeze for civil servants has annoyed (among others) the ruling ANC's ‘Tripartite…

Structural barriers will hold back Tunisian economy

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TUNISIA

He also said that he would not resign despite pressure from political parties for him to do so. The poor performance of the economy has been a key driver of the political crisis…

Some cooperation is possible in next US Congress

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UNITED STATES

At best, Democrats can tie the Senate 50-50, controlling it after January 20 with the Democratic US vice-president’s vote. Otherwise, Republicans will have a small majority to…

Ramaphosa’s union struggles could determine rebound

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SOUTH AFRICA

This followed two days after Finance Minister Tito Mboweni’s Medium Term Budget Policy Statement (MTBPS), which offered an honest assessment of the steep deterioration in the…

Rival blocs are neck-and-neck ahead of Swedish vote

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SWEDEN

The co-ruling Social Democrats hold a commanding lead in the polls, but the collective support of the centre-left and centre-right blocs, which matters more, is evenly balanced…

Border adjustment tax scheme would hit US oil refiners

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UNITED STATES

Congressional Republicans are mulling the introduction of a border adjustment tax (BAT) regime as part of an overhaul of the US tax system. For the oil industry, the reform would…

Australia will seek foreign infrastructure money

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AUSTRALIA

Tax cuts were announced earlier this month for foreign investment in infrastructure, including transport, energy, water and communication. The move follows concerns that spending…

US bipartisan infrastructure cooperation delay likely

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UNITED STATES

In the House of Representatives, Democratic leader (and prospective candidate for speaker) Nancy Pelosi has said that infrastructure development -- something that Republican…