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Banks Caught In A Vicious Cycle

Caught in a vicious cycle of deteriorating asset quality, higher capital requirements and tighter credit standards, and with no economic recovery in sight, we retain our negative outlook towards the...

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Ceasefire Signed But Questions Remain

A ceasefire agreement between Mali's interim government and separatist Touareg rebels will allow Malian and UN forces to re-enter Kidal, the last town held by rebel forces. The deal is a necessary...

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Azeri Rescue To Energy Blues

Azeri interest to invest in Ukraine's oil and gas sector could help relieve the latter's energy reliance on Russia, while Azerbaijan would also benefit from securing another market for its oil and...

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Exports To Boost Economic Growth

Surging hydrocarbons and soy exports are driving robust growth in Bolivian goods exports, prompting us to revise up our forecast for real GDP growth in 2013 and 2014. Indeed, we note that investment...

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