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VW affair raises 'German model' questions

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GERMANY

The financial implications of the VW scandal could threaten the operation of Germany's largest carmaker. The scandal is damaging the reputation of not only the car sector but also…

Cypriot bank consolidation may help reduce bad loans

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CYPRUS

The move raises Hellenic Bank’s market share and considerably improves its asset quality, and followed an announcement by market leader Bank of Cyprus on August 28 that it had…

Business braces for uncertainty as Brexit date nears

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INTERNATIONAL

This leaves businesses uncertain about the future UK-EU trading agreement and preparing for the worst. Even assuming the exit terms are settled before the country’s scheduled…

Russia may undermine East European liberal democracy

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EASTERN EUROPE

Although Russian influence abroad has become a global concern in light of the US election hacking scandal, Central-Eastern Europe (CEE), which Moscow has traditionally seen as a…

EU Green Deal will involve greater state regulation

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EU

European Green Deal.

Political power shifts to Armenia's prime minister

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ARMENIA

Armenia is undergoing a complete change of governance model and President Serzh Sargsyan is stepping down voluntarily, a rare event in the former Soviet Union. His replacement is…

Politics undermine Macau’s diversification plans

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MACAU

However, Macau’s economy has become ever more dependent on gambling, and governance has become no more inclusive or consultative. Even mainland China has outpaced Macau in its use…

Thai king's demise will slow economy and delay polls

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THAILAND

Prime Minister Prayuth Chan-ocha has ordered a one-year period of mourning and proclaimed Crown Prince Maha Vajiralongkorn as the next monarch. The crown prince has been the…

New constitution will extend uncertainties in Chile

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CHILE

They also voted for the new constitution to be drawn up by a fully elected constitutional convention. The process will mean at least another 18 months of uncertainty, with…

China's social credit system creates risk to business

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CHINA

Foreign media typically present China’s efforts to build the 'social credit' system as an Orwellian nightmare where the state uses information technology to conduct…