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Banking sector profitability surged from RUB199bn (USD2.2bn) in 2022 to around RUB3.3tn in 2023. Rising profitability was generated by robust credit expansion, lower loan…
More than 130 countries have agreed rules to allow the minimum taxation of excess corporate profits and a formula for allocating revenue shares by country. However, several EU…
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DOI: 10.1108/OXAN-DB264206
ISSN: 2633-304X
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Geographic
Topical
Banking sector performance.
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DOI: 10.1108/OXAN-DB242490
ISSN: 2633-304X
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Geographic
Topical
Progress was made on the technical details of Pillar 1, the reallocation of taxing rights from host countries to those where a multinational operates, but US opposition has…
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DOI: 10.1108/OXAN-DB275316
ISSN: 2633-304X
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Geographic
Topical
Financial system challenges.
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DOI: 10.1108/OXAN-DB250167
ISSN: 2633-304X
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Geographic
Topical
Hampl was interviewed on August 29, after the CNB announced its first rate rise in more than nine years on August 3. He said faster growth made debating further monetary policy…
It was a bid to stabilise the lira. Bank deposit and credit rates have already risen sharply, and credit growth has virtually halted. As Turkey’s economic crisis takes hold, the…
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DOI: 10.1108/OXAN-DB238519
ISSN: 2633-304X
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Geographic
Topical
After implementing its anti-inflationary stabilisation programme in 1993, Croatia recorded stable and modest inflation rates. That changed in 2022, when inflation accelerated…
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DOI: 10.1108/OXAN-DB275035
ISSN: 2633-304X
Keywords
Geographic
Topical
Nevertheless, it represents a 43% depreciation since June 20, when the CBN abandoned its pegged rate of 197 naira to the dollar. The decision follows the first GDP contraction in…
The completion of residential housing units reached a post-Soviet record of 110 million square metres. This strong expansion in construction activity was demand-led, stimulated by…