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The long-postponed move is essential but will send shockwaves through the economy. Inflation and currency flight will soar. Salary and pension hikes will be quickly eaten up by…
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DOI: 10.1108/OXAN-DB258191
ISSN: 2633-304X
Keywords
Geographic
Topical
Venezuela has welcomed OPEC's agreement to the first oil production cut since 2008 but this fillip was offset by a 67% fall in the black market value of the bolivar in November -…
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DOI: 10.1108/OXAN-DB216530
ISSN: 2633-304X
Keywords
Geographic
Topical
So far, state-sector price controls and price caps on food and private markets have prevented runaway inflation. However, producers are withholding goods or selling on the black…
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DOI: 10.1108/OXAN-DB260020
ISSN: 2633-304X
Keywords
Geographic
Topical
Cuba is working on many fronts to advance its international insertion after the breakthrough restoration of diplomatic ties with the United States. However, progress is gradual…