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Moldovan government grits its teeth for recession

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MOLDOVA

A recent reshuffle raises questions about whether government can avoid returning to old problems of infighting and nepotism; this is important if IMF support is to continue. Until…

South Korean chipmakers’ competition will intensify

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SOUTH KOREA

Lee promptly returned to business, visiting the United Arab Emirates and Malaysia on February 6-11. Meanwhile, SE’s rival SK hynix -- flagship of SK, the second-largest chaebol -…

Cambodia handover masks gradual nature of transition

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CAMBODIA

Hun Manet is Hun Sen’s eldest son. He was the presumed political heir to his father for nearly a decade, but his election as an MP in the July 23 parliamentary polls, where the…

Iranian government faces severe economic challenges

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IRAN

Subsidies on basic goods and services account for around 12% of total government spending, imposing pressure on the budget without necessarily reaching those Iranians who need…

Iran will struggle to create a ‘resistance economy’

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IRAN

The Iranian budget.

Balance will be elusive in fragile Argentine economy

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ARGENTINA

The move, which has angered the farming sector, is one of several announcements aimed at boosting revenues in order to avoid austerity, and at generating enthusiasm among the…

Israel will try to sustain frail Palestinian Authority

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PALESTINIANS

The pledge is the latest in a string of Israeli policy announcements that further undermine the purpose of the Palestinian Authority (PA) to pave the way for an independent state…

South Sudan's economic recovery requires deeper reform

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SOUTH SUDAN

Management of South Sudan's economy

Economic woes to drive Greenland's hydrocarbons effort

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GREENLAND

Prospects for the hydrocarbons sector under the new government

Vested interests may block urgent tax reform in Jordan

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JORDAN

It also looked at government-proposed amendments to another law aiming to reduce the scope for tax evasion in the Aqaba Special Economic Zone. Recent developments including the…