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South African budget plans may prove too ambitious

Location:

SOUTH AFRICA

However, the MTBPS relies even more heavily on getting powerful public-sector unions to agree to unprecedented wage freezes over the next three years, putting its credibility in…

The short-term impact of Canada's budget will be small

Location:

CANADA

The budget keeps the deficit just inside prescribed limits despite an increase in new spending, by stepping up measures to boost revenue. Initiatives designed to target the…

Japan’s prime minister will face multiple obstacles

Location:

JAPAN

Kishida outlined an economic stimulus package promising growth and the strengthening of supply capabilities, as well as the promotion of large-scale investment in semiconductors…

Mahama likely has an electoral edge in Ghana

Location:

GHANA

The ruling New Patriotic Party (NPP) and its presidential nominee for the December 2024 general election, Vice President Mahamudu Bawumia, will look to take credit for these…

Turkey’s capital flows could increase post-election

Location:

TURKEY

Turkey, which has underlying attractions for investors and lenders, needs foreign capital inflows for stability and growth. A change of government in May could accelerate net…

Congo-Brazzaville oil discovery should aid industry

Location:

CONGO-BRAZZAVILLE

With the government’s finances and governance under renewed scrutiny as a result of a recently agreed IMF bailout, two Congolese companies on August 10 announced a sizable first…

Peronist power-plays favour debt deal in Argentina

Location:

ARGENTINA

President Mauricio Macri's Cambiemos coalition has only 15 Senate seats, and his resounding success depended on the support of the opposition Peronists -- notably the Frente para…

China ties will strain Hungary’s EU and US relations

Location:

HUNGARY

The government’s plan signals not only a new era in Hungarian-Chinese relations but also China’s more intensive presence within the EU. Heated debates within Hungary and the EU…

Prospects for US politics to end-2019

Location:

PROSPECTS H2 2019

Prospects for US politics to end-2019.

Risk of full-blown Turkish currency crisis is rising

Location:

TURKEY

Despite dramatic depreciation of the lira since early March, the TCMB is likely to continue cutting its benchmark one-week repo rate, now at 8.75%, as it tries to mitigate the…