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1 – 10 of 17The economic rebound from a 9% contraction in 2020 is mainly being driven by strong domestic demand supported by accommodative fiscal policies and higher-than-expected tourism…
However, supply is struggling to keep pace with demand, and dislocation effects plus shortages of some critical goods and workers are raising prices. GDP growth forecasts for 2021…
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DOI: 10.1108/OXAN-DB262474
ISSN: 2633-304X
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Sri Lanka’s foreign exchange (forex) reserves fell to USD1.6bn at end-November, enough to finance only about one month’s imports. Colombo has in recent years relied on…
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DOI: 10.1108/OXAN-DB266266
ISSN: 2633-304X
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The official baseline is for an 8.2% GDP contraction in 2020, and a 7.5% rebound in 2021. It took into account moderate restrictions on movement in winter 2020/21, but the…
In Greece, a country of 10 million people, 114 patients are in intensive care for COVID-19, of whom 35 are breathing through tubes (‘intubated’). The vulnerability of the…
Sri Lanka’s finance ministry responded sharply, describing the move as “hasty” and “erroneous”. Colombo has recently borrowed from its regional partners Delhi and Beijing to help…
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DOI: 10.1108/OXAN-DB257154
ISSN: 2633-304X
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President Luis Lacalle Pou’s government has strong public support thanks to a tepid economic recovery and improvements in security, and despite a new wave of COVID-19 cases…
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DOI: 10.1108/OXAN-DB267062
ISSN: 2633-304X
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TURKEY: Lira/debt crisis will be averted for now
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DOI: 10.1108/OXAN-ES253945
ISSN: 2633-304X
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The largest cruise companies, Carnival, Royal Caribbean and Royal Norwegian, expect no sailings from US ports until at least November. The COVID-19 pandemic shut down global…
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DOI: 10.1108/OXAN-DB256513
ISSN: 2633-304X
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ARGENTINA: COVID-19 clampdown adds to confusion