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However, there are question marks over his ability to deliver on the ambitious spending cuts needed as tax collection falls in a weak economy.
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DOI: 10.1108/OXAN-DB285317
ISSN: 2633-304X
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BRAZIL: Rate cuts continue amid wider concerns
The fall appears linked to public discontent over elevated inflation, which has clouded the country's economic outlook. Meanwhile, the government is moving slower than it…
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DOI: 10.1108/OXAN-DB282874
ISSN: 2633-304X
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At the same time, private businesses have been allowed to import as never before. New privately owned shops caters to those with hard currency, but for most people the economic…
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DOI: 10.1108/OXAN-DB281234
ISSN: 2633-304X
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Kazakhstan’s economy has weathered well the turbulences created by the war in Ukraine. A new context for the country’s traditional aspirations to balance and diversify economic…
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DOI: 10.1108/OXAN-DB280435
ISSN: 2633-304X
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After implementing its anti-inflationary stabilisation programme in 1993, Croatia recorded stable and modest inflation rates. That changed in 2022, when inflation accelerated…
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DOI: 10.1108/OXAN-DB275035
ISSN: 2633-304X
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This follows the fallout from an August 18 decision by Emirates Airlines -- and subsequently others -- to suspend operations in Nigeria due to their inability to repatriate an…
This seventh successive monthly increase takes the RBA’s benchmark cash rate to a nine-year high. With inflation now expected to exceed even the more recent RBA forecasts, further…
South Africa’s escalating power crisis has slashed its growth prospects, with the government making only slow progress on promised reforms and the president declaring a state of…
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DOI: 10.1108/OXAN-DB276446
ISSN: 2633-304X
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The two countries have turned to each other amid increasing isolation from international banking systems, export markets, and foreign resources and technologies. Deepening their…