Freight rates will normalise higher than pre-pandemic

Container shipping congestion is worse than ever and it will take well over a year to return to operational normality

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Argentina-IMF debt deal hangs in the balance

The government faces a possible default with the IMF in March if a new debt deal is not reached by then

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Indonesia has assumed the presidency of the G20 for the first time

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Economic activity has been above pre-pandemic levels since the first quarter of 2021, but challenges endure

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Turkey’s travails, with the lira losing 45% against the dollar in 2021, raise questions over EM currency practices

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The 2022 budget looks to a surplus, savings and higher reserves, but not aggressive action to boost economic growth

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The number of new confirmed COVID-19 cases has soared in recent weeks

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The unreformed financial sector is floundering and there are major economic, social and political consequences

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Higher life expectancy and lower fertility rates are driving population ageing and slowing the growth of the workforce

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Guyana and Suriname are increasingly dependent on oil development for economic growth

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