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Kazakhstan will struggle to boost oil output

Location:

KAZAKHSTAN

Astana's aspirations to reach 2 million b/d have been set back by difficulties in raising output at major fields. Government efforts to diversify the economy away from…

Saudi Aramco will seek to manage rapid industry change

Location:

SAUDI ARABIA

Yet this follows a government directive that the company cancel increases in its maximum sustainable capacity (MSC) of crude oil production from 12 million barrels per day (b/d…

Algeria’s budget will drive up public debt

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ALGERIA

The budget is geared towards boosting living standards ahead of the presidential elections towards the end of the year, in which President Abdelmadjid Tebboune will most likely…

Economic improvement in Chile will remain moderate

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CHILE

The figures also indicate that the imbalances created by pandemic-related injections of liquidity in 2000 and 2021 have largely been corrected.

Rapid recovery will prove elusive in Argentina

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ARGENTINA

The primary surplus (0.6% of GDP) was driven by a 35% real fall in primary spending, which offset a recession-induced 4.5% drop in revenues. Month-on-month inflation has also…

Gradual, steady growth will continue in Guatemala

Location:

GUATEMALA

While private consumption remained strong, driven by remittances and substantial bank credit growth, export performance weakened due to reduced US demand for maquila products…

Rising Russian investment will cause structural change

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RUSSIA

The war in Ukraine, Western sanctions and the redirection of external trade away from Europe towards new partners all required a surge in investment. The bulk of new investment…

French growth will be weak over the coming quarters

Location:

FRANCE

France’s economy has performed better than its peers this year, due to weaker inflationary pressures and strong export performance in the second quarter. However, the latest…