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Argentine domestic tourism up but foreign flows lag

Location:

ARGENTINA

Domestic tourism has started to recover from the pandemic due to the weak currency and PREVIAJE, a government-sponsored programme. The rebound in international tourism is lagging…

Prospects for the global economy in 2021

Location:

PROSPECTS 2021

Europe and the United States may slip back into recession in the northern hemisphere winter. If vaccination succeeds, the advanced economies will recover robustly from mid-2021…

COVID-19 will deepen food insecurity in Latin America

Location:

LATIN AMERICA

Although the food sector has not been immune to the impact of COVID-19, it has proved relatively resilient. According to the UN, while the region’s overall GDP fell by 6.4…

Cash crisis clouds Uganda’s economic outlook

Location:

UGANDA

The government has been on a borrowing spree, taking on increasingly expensive loans to address a cash crisis that has affected government service delivery and salary payments…

Saudi Arabian job creation will depend on oil revenues

Location:

SAUDI ARABIA

A major goal of Vision 2030, the kingdom’s strategic development framework, is to address persistently high levels of unemployment, especially amongst young people. Although…

Downturn in Greece and abroad will sap property market

Location:

GREECE

This second extension is due to a slower-than-expected fall in cases in the COVID-19 pandemic’s second wave: 904 new infections were reported in the previous 24 hours yesterday…

Prospects for Central-Eastern Europe to end-2020

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PROSPECTS H2 2020

Prospects for Central-Eastern Europe to end-2020.

Skills shortage may hit Australia's post-COVID growth

Location:

AUSTRALIA

The closing of internal and external borders in response to COVID-19 has heightened a longstanding skills deficit in key industries, with implications for wage levels, prices and…

Bahrain’s new premier faces difficult fiscal choices

Location:

BAHRAIN

Manama is seeking multiple means to adjust to the impact of the pandemic, publishing a two-year budget in November that targets a steady decline in the fiscal deficit. Although…