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Country Insights
Continuing stress in the automobile industry
We revisit the comparison we made in our report of August 15, 2019, between the stress of 2008 and 2018 as seen in three components of the automobile industry – HCV's (heavy com...
Russia investing national welfare fund
On September 12 Finance Minister Anton Siluanov announced that a decision had been made about the National Welfare Fund (NWF). The NWF is expected to be USD 28.2 billion in 2020...
It’s all about the trade war
The economy continues to cool. The Central Bank has revised its projections for 2019 GDP growth downward for the third consecutive time. The forecast range has fallen from 3.25%...
2019–2022 outlook: new government, stabilization, and recovery
We forecast Venezuela’s GDP, oil output and exports, inflation, and external accounts through 2022 assuming that an internationally brokered deal will lead to an interim governm...