BRAZIL: Pre-election wage rise poses spending risks

The rise in the minimum wage, to be paid to a large proportion of the workforce from May onwards,...

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CHILE: Bachelet policy agenda faces time constraints

On January 15, Michelle Bachelet was elected as Chile's next president. Bachelet, who will head...

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Leading Senate Democrats have indicated that they will not attempt to filibuster the confirmation...

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Preliminary figures put the 2005 central state budget deficit well within target at 56.4 billion...

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President Viktor Yushchenko signed the 2006 budget into law on December 29. The budget that was...

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Austria takes over the presidency of the EU on January 1. Following the assertiveness with which...

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Abe is the frontrunner to succeed Prime Minister Junichiro Koizumi when he stands down next year....

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Italy holds a general election in April. The centre-left opposition, under former Prime Minister...

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Trade in options, futures and swaps in Latin America was almost non-existent a decade ago. Driven...

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The Czech Republic lags behind most states in Central and Eastern Europe in the area of pension...

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