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1 – 10 of 61However, although output has grown, a tight labour market and persistent inflation have created new problems. The reorientation of trade away from Europe has resulted in a…
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DOI: 10.1108/OXAN-DB285374
ISSN: 2633-304X
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RUSSIA: Moscow can afford its spending hike
The size of the rate hike attests to the CBR’s determination to tame domestic price rises at all costs, even though this is likely to restrict credit growth and dampen output. The…
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DOI: 10.1108/OXAN-DB281638
ISSN: 2633-304X
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Geographic
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This perception can only increase. Essentially, the question is whether Ukraine will be able to make sufficient military gains in order to avoid having to fight -- with all the…
The federal budget deficit target for 2023, set at RUB2.9tn (USD35.8bn), is likely to be exceeded for the second year in a row. Federal expenditure is showing no signs of slowing…
Banking-sector stability is vital for the functioning of the Russian economy: bank credit is facilitating economic restructuring. Although the sector withstood the first impact of…
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DOI: 10.1108/OXAN-DB278809
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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Shmihal said the budget would be largely covered by IMF, EU and US funds totalling USD3.5bn per month. The unprecedented reliance on borrowing, through domestic bond issuance and…
Financial flows have all but halted because foreign investment is near-impossible and because capital controls and the risk of asset seizure abroad curb outflows. These dynamics…
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DOI: 10.1108/OXAN-DB271836
ISSN: 2633-304X
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Geographic
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Russia's banking sector suffered a USD26bn loss in January-June. Russia is shut out of international capital markets and is almost exclusively reliant on domestic investors to…