Russian budget plan points to shift in priorities

The government intends to hold down defence spending while using extra revenues in other areas

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The global economy will enter new era

Hand-wringing about 'capitalism in crisis' is more likely a sign that it is in transition

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Italian economic activity is benefiting from euro-area recovery and the ECB purchasing programme

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ASEAN is turning attention to the role of gender in regional economic integration

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The 2018 budget promises recovery but also depends heavily on new debt issuance

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The challenges diamonds face, notably credit limits, oversupply, breakages and synthetics, will not be easy to overcome

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The NITI Aayog, which is responsible for advising the government on economic policy, has new leadership

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Political risks related to Kenya's contentious election extend well beyond October, clouding the economic outlook

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The US Federal Reserve is committed to tightening policy, despite uncertainty over both weak inflation and personnel

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Political and sectarian fissures are again undermining efforts to put the economy on a sounder basis

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