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Venezuela: Another Blow To Businesses

The economic situation in Venezuela continues to deteriorate, with the black market exchange rate now standing at more than 10 times the official rate, inflation at 54.3%, and reserves continuing to...

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BMI Launches Frontier Markets Monitor

Business Monitor International (BMI) has just launched Frontier Markets Monitor (FMM), a monthly newsletter that provides readers with our views and analysis of political and economic...

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ECB Pushing On A String

Hamstrung by a restrictive mandate that prevents discretionary intervention, the European Central Bank (ECB) has, in recent years, been forced to exploit loopholes in its statute and adopt a gritted...

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The Saudi Arabia-Pakistan Nuclear Dynamic

Over the past 24 hours, reports have emerged that Saudi Arabia is ready to take delivery of nuclear weapons from Pakistan at short notice. The Kingdom's presumed motive would be to counterbalance...

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Russia: Growth Model Under Pressure

We believe that the sharp slowdown in Russia's economic activity so far this year is structural and not cyclical in nature. This means that there are no easy fixes in sight, and that growth will...

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Beijing Terror Attack: Implications

The Chinese authorities have described a deadly car crash in Tiananmen Square on October 28 as a 'planned, organised, premeditated, violent terrorist attack'. The incident involved a sports utility...

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Turkey At 90

Today, October 29, 2013, marks the 90th anniversary of the establishment of Turkey as a republic. Rather than reflect on the past, we will consider the country's future. The future of Turkey is of...

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Gulf States: Key Themes For 2014

We retain a generally positive view of the Gulf Cooperation Council (GCC) states' prospects, as we head into 2014. While headline economic growth should slow, mainly because of smaller gains in...

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