Russia's African reach will be limited despite summit

The second Russia-Africa summit was held on July 26-27 in St Petersburg

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EU fiscal rule reform will raise member-state tensions

The European Commission proposal for EU fiscal rule reform will be debated with the aim of being passed by end-2023

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Two seven-year terms could allow Mirzioyev time to tackle population growth, ageing infrastructure and energy shortages

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A nine-month bailout package from the IMF gives the country short-term respite from its economic woes

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A total of 236 US firms filed for bankruptcy in January-April 2023 and filings will rise in the rest of the year

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The increasing share of public bonds in banking assets is crowding out credit to the private sector

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De-dollarisation of trade is growing but the US dollar remains dominant, especially for savings and pricing

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Macroeconomic stability, policy credibility and dollar weakness are improving prospects for most emerging markets (EMs)

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Ghana and the IMF have agreed to a three-year USD3bn Extended Credit Facility to address Ghana's debt crisis

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Prime Minister Hun Sen’s party is almost certain to win the upcoming general election

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