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Russian economic gloom belied by benign debt outlook

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RUSSIA

Russia's foreign and domestic debt position.

Low corporate lending reflects Russian growth outlook

Location:

RUSSIA

Corporate lending in Russia.

Turkey's economic policy shift is not worth the risks

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TURKEY

The lira’s collapse has only fortified President Recep Tayyip Erdogan’s adherence to unorthodox low-interest-rate policies. Rather than changing course, Erdogan has publicly…

Mopani deal will exacerbate Zambia's debt crisis

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ZAMBIA

This boosts President Edgar Lungu's re-election prospects in August, but ZCCM-IH will struggle to find a 'strategic partner' to replace Glencore. Mounting public debt will…

Zambia faces default despite bondholders’ reprieve

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ZAMBIA

However, rather than reject Lusaka's proposal, a group of creditors abstained from the vote, forcing an adjournment until November 13. That date coincides with the end of Zambia’s…

Ukraine war will hurt Turkey’s economy

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TURKEY

The conflict in Ukraine is a threat to Turkey’s economy. The lira has weakened again, which will push inflation above 60%. Ankara has condemned Moscow’s invasion but is seeking…

Orlen super-group will adhere to Poland’s ruling party

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POLAND

The European Commission accepted in June that anti-trust conditions had been met, allowing a company loyal to the current ruling party to proceed with consolidating Poland’s…

US vote will be key in electing new IDB president

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LATIN AMERICA

There are five candidates, most of whom have strong technical credentials with experience in both international financial institutions and domestic politics. The United States…

Prospects for Nigeria in 2021

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PROSPECTS 2021

These shocks will sustain already heightened reform pressures on the government during a period of diminishing public revenue. Security crises across various states and regions…

Euro-area COVID-19 recovery could be L-shaped

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EU

Euro-area outlook.