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EU state aid support gives countries more fiscal room

Location:

EU

EU state aid rules.

Risks are high despite Turkey’s policy 'normalisation'

Location:

TURKEY

With the lira at a record low, the Central Bank continued to tighten monetary policy this week, funding the market through competitive one-month repo tenders at rates of around…

Mexico’s oil hedge programme faces a tough year

Location:

MEXICO

The hedge is the largest single trade in the crude oil market, renewed annually between the government and a selection of banks and commodity houses. If Mexico cannot keep it…

Lifting COVID-19 measures may hit resilient eastern EU

Location:

EU

Available second-quarter data indicate a shallower recession in most of the eleven eastern EU member states (EU-11) than the rest of the EU in January-June. This may be due to a…

Central Asia faces COVID-19 surge and resurgence risks

Location:

CENTRAL ASIA

Like Kyrgyzstan and Uzbekistan, Kazakhstan took timely action when evidence of COVID-19 emerged. Their governments' claim of effective management may prove justified but is…

Local demand will Egypt’s sustain gas sector long term

Location:

EGYPT

Outlook for the Egyptian gas sector.

Mexico’s auto industry faces dual challenges

Location:

MEXICO

The USMCA represents continuity with NAFTA in most sectors, but introduces new rules governing the automotive trade, a key industry for Mexico’s economy. The challenges of USMCA…