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1 – 10 of 277Banks in larger EU states are heavily exposed to European and US CRE markets, which have further to fall in 2024. Writedowns are underway, dealing a blow to sentiment and harming…
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DOI: 10.1108/OXAN-DB286071
ISSN: 2633-304X
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Specifically, China would enhance infrastructural and institutional mechanisms for cross-border transfers, as well as boost the currency’s role in driving the real economy and…
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DOI: 10.1108/OXAN-DB285412
ISSN: 2633-304X
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This is the first investment-grade (IG) rating given to Athens by one of the ‘big three’ rating agencies since 2010. The upgrade reflects Greece’s strong post-pandemic economic…
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DOI: 10.1108/OXAN-DB283186
ISSN: 2633-304X
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Like other fuel-importing countries in the Middle East and North Africa (MENA), it has large structural fiscal and current account deficits. These have resulted in climbing…
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DOI: 10.1108/OXAN-DB282177
ISSN: 2633-304X
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SAUDI ARABIA: Short-term economic outlook will worsen
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DOI: 10.1108/OXAN-ES282349
ISSN: 2633-304X
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Meanwhile, the government is struggling with significant accumulated debt, including USD11.8bn that is scheduled to be repaid to the IMF over the next two years alone. The IMF…
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DOI: 10.1108/OXAN-DB282002
ISSN: 2633-304X
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Securing debt restructuring agreements is a key condition of the four-year, USD3bn Extended Fund Facility (EFF) programme which the IMF’s Executive Board approved in March…
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DOI: 10.1108/OXAN-DB280445
ISSN: 2633-304X
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A move away from the US dollar is gaining momentum, driven by the West’s use of economic sanctions, high levels of sovereign debt and a desire to de-link monetary policy from the…
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DOI: 10.1108/OXAN-DB280571
ISSN: 2633-304X
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It followed the EU’s disbursement on April 25 of a third lending tranche of EUR1.5bn (USD1.65bn) from its EUR18.0bn macro-financial assistance package. In both cases, the money…
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DOI: 10.1108/OXAN-DB278935
ISSN: 2633-304X
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These markets are benefitting from the softer US dollar and improved investor perceptions of central bank credibility. However, destabilising factors loom on the horizon.