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Uruguay trade deals will be key to boost recovery

Location:

URUGUAY

The move is part of a trade offensive by President Luis Lacalle Pou, who has instructed the foreign ministry to explore possible FTAs with other countries as well. In a region…

Protests put Kenya’s political leaders under pressure

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KENYA

Although the protests have remained relatively limited in scale and spread, they have nevertheless highlighted widespread opposition to Ruto’s economic policies and led to…

Risk of Greek euro exit has risen but is still small

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GREECE

The prospects for Greek departure from the euro-area.

Prospects for Latin America in the third quarter

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PROSPECTS Q3 2015

Prospects for Latin America in the third quarter.

Belarus faces oil price and COVID-19 shocks

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BELARUS

Reduced global demand due to COVID-19 and the collapse of OPEC+ output caps have driven prices under 40 dollars per barrel. That does not benefit Belarus, as its petroleum product…

Ethiopia faces tough monetary and fiscal rebalancing

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ETHIOPIA

Numerous domestic and external shocks have rocked the macroeconomic environment in recent years, aggravating high inflation and chronic foreign exchange (forex) shortages…

Prospects for the global economy in 2018

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PROSPECTS 2018

PROSPECTS 2018: Global economy

Pakistan’s currency devaluation may not spur exports

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PAKISTAN

Pakistan's central bank last month allowed the currency to weaken by more than 4% in a week, and is hoping that devaluation will stimulate exports. The ruling Pakistan Muslim…

Political deadlock undermines Costa Rican reform

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COSTA RICA

The outlook for fiscal reform.

Wickremesinghe’s position grows stronger in Sri Lanka

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SRI LANKA

President Ranil Wickremesinghe, who promised to deliver the amendment, assumed office in July amid a wave of protests that forced his predecessor Gotabaya Rajapaksa to resign. As…