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Creditors will seek geopolitical gains in debt talks

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INTERNATIONAL

Whereas developed economies and China have benefited from USD9tn in fiscal stimulus and USD5tn in liquidity, EMs have less scope because they cannot issue local-currency debt…

Prospects for Turkey in 2021

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PROSPECTS 2021

Fiscal and monetary stimuli and a policy-induced credit boom have combined with the broad normalisation of social life to contain COVID-19's impact on economic output. However…

EU green ambitions are strongly reflected in budget

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EU

Overall, some 30% of the budget will involve climate-related spending. One of the key reforms concerns the EU’s own resources mechanism to finance spending, with plans to…

Brunei will step up efforts to diversify economy

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BRUNEI

The IMF recently recommended structural reforms to bolster the economy, which has struggled to recover from the impact of the COVID-19 pandemic. Brunei has long been reliant on…

Emerging Asia activity will slow despite China rebound

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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%.

Nepal is unlikely to face a severe economic crisis

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NEPAL

Some observers fear Nepal could soon end up in a full-blown economic crisis such as that now affecting Sri Lanka, which recently suspended external debt servicing. Kathmandu, like…

Uruguay's uncertain economy imperils political plans

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URUGUAY

Economic and political challenges in 2015.

EU slowdown may reach Croatia and Slovenia via tourism

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CROATIA/SLOVENIA

Croatia also recorded strong growth in the first half, its economy benefiting like Slovenia’s from a recovery in tourism. Tourism both exposed Croatia and Slovenia to deep…

Energy crisis may spur reforms in Cuba

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CUBA

The fire has exacerbated electricity black-outs amid widespread shortages of food and other basic items. The government response to the crisis has so far included opening up…

Prospects for South-east Asia to end-2020

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PROSPECTS H2 2020

This is helping to insulate them from immediate political pressures relating to the pandemic crisis, but their hopes for spurring long-term economic recovery depend greatly on…