Catalan independence would unsettle financial markets

An independent Catalonia would struggle to finance its debt and would likely have to issue its own currency

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Italy’s growth outlook will be subdued without reforms

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

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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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Record foreign holdings of Emerging Europe debt pose the risk of a sudden sell-off from exchange traded funds

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Euro strength makes unwinding policy more important but the ECB will tread carefully as financial markets are vulnerable

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Sri Lanka on July 29 signed an agreement for a Chinese firm to acquire a stake in the Hambantota port

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There are rumours that Saudi Arabia has made contingency plans to postpone its Aramco part-privatisation to 2019

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Gulf Arab sovereign wealth funds face an extended period of retrenchment and institutionalisation

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The Jackson Hole retreat proved light on future policy insights but revealed difficult trade-offs

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Ahead of the Jackson Hole meeting, European strength and US weakness are fuelling investor bets on policy convergence

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