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Prospects for the EU in 2016

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PROSPECTS 2016

Prospects for the EU in 2016.

South African national minimum wage will prove elusive

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SOUTH AFRICA

Due to take effect on May 1, it would introduce a single wage floor set at 20.0 rand (1.5 dollars) per hour. The NMW is a significant departure from current minimum wage…

Prospects for South Africa in 2024

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PROSPECTS 2024

Macroeconomic prospects depend on whether Finance Minister Enoch Godongwana’s Medium-Term Budget Policy Statement (MTBPS) achieves traction with potentially hostile audiences…

Russian markets set for spell of poor performance

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RUSSIA

Russia's exclusion from international financial markets presents high risks to macroeconomic stability in the short and longer term. Sovereign rating downgrades to 'junk' indicate…

Mining optimism in Argentina will focus on lithium

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ARGENTINA

In March 2020, President Alberto Fernandez announced plans to promote the mining industry, but they were delayed by the pandemic. Argentina is part of the 'lithium triangle', with…

Iraq’s three-year budget will promote state capture

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IRAQ

Parliament on June 12 approved a three-year budget mandating record high expenditure, including an increased public sector wage bill that accounts for a large proportion of…

Pakistan’s IMF ties could be increasingly tense

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PAKISTAN

Islamabad wants to ease some of the loan’s conditions. Separately, the United States, the IMF’s largest shareholder, recently said it would reassess its relations with Pakistan…

Sri Lanka will try to manage debt without IMF help

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SRI LANKA

The government nevertheless remains under pressure from domestic critics and external stakeholders because of dwindling foreign exchange (forex) reserves and a growing debt…

Prospects for Mexico in 2019

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PROSPECTS 2019

Prospects for Mexico in 2019.

Bolivia-China hydro relationship to grow

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BOLIVIA

Chinese investment in Bolivian energy.