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Room For Another Rate Cut

We believe that the Central Bank of Jordan (CBJ) will take advantage of weaker inflation and higher foreign exchange reserves to cut interest rates at least once more over 2015, after a 25 basis...

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Bailout Extension To Damage Syriza

Eurozone finance ministers approved reform proposals submitted by Greece in order to obtain a four month extension of its EUR240bn bailout, as we expected (see 'Syriza's Dramatic Climbdown Continues...

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No End To Russian Reliance

Belarus will continue to rely on Russian support and transfers from state-owned enterprises to fund its large footprint in the economy over the next few years. Indeed, with Belarus potentially priced...

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Private Consumption Will Drive Growth

Economic growth in Namibia will quicken to 5.0% in 2015. This expansion will be driven by private consumption and foreign investment. However, the uncertain demand picture for key mining exports...

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