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Economics International

2014: a balance between global optimism and latent risks

The World economy is on the mend, but recovery will not happen everywhere at the same pace. Here are some of the risks that will play a large role in

Politics South and Central Asia

Georgia’s growth suffers under political rivalry

One year after the victory of the Georgian Dream coalition in parliamentary elections, the political rivalry between the former ruling party United National Movement and the Georgian Dream continues to

Europe Politics

Is the Vilnius Summit an Eastern Partnership pre-mortem?

While news of the Vilnius Summit failure last week was dominated by coverage of the Ukraine’s decision to freeze negotiations with the EU, the Summit has also called into question

Asia Pacific

Amid Myanmar’s Reforms, Unresolved Issues Remain

In reaction to political reforms, Myanmar’s once-hefty sanctions have been lifted by both the EU and US, and investors from around the world have stampeded into the market. Often being

Europe Finance

Italy’s Enrico Letta Safe From Berlusconi – for Now

And so the Eurozone’s woes continue: A potential grand coalition government collapse in Italy has further threatened the recovery of the currency union’s third largest economy. On a continent with

Europe Finance

Strong British Case in EU Clash over Banking Bonuses

The UK is taking legal action against the EU, the cause being disagreement over banking bonuses. It is another case among a flurry of legal actions against EU rules, such

Economics Europe

Slovenia is Still Standing in Line for a Bailout

Should Slovenia fail to stabilise its economy in the upcoming weeks it will probably be forced to ask for a bailout from the European Union, the Governor of the Bank

Europe Finance

Europe’s leaders far from banking union

On September 12th, the European Parliament adopted legislation, which will allow the European Central Bank (ECB) to take on new bank supervision tasks as part of the single supervisory mechanism.

Asia Pacific Economics

The US is Winning the Asia PTA Race

With political instability in the Middle East and North Africa, and uncertainties in South America, it seems that among developing regions, only Pacific Asia continues to boast strong growth and

Economics South and Central Asia

Kazakhstan Pegs Tenge to Foreign Currency Basket

Starting September 2nd, Kazakhstan will peg the tenge to a basket of foreign currencies, effectively ending the managed float that was put in place in March 2011. The basket will