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The rebound in oil prices may be driven by speculation. But market thinking has not factored in the possibility that economic growth could result in investment that reduces, rather than increases, petroleum demand
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The head of the World Trade Organisation has delivered a stern warning to finance ministers to stem a rising tide of protectionism that may derail the nascent economic recovery and inflict pain on the most vulnerable countries.
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Leading economists point to end for greenback as world reserve currency
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Global economy destined to repeat Japan's “lost decade,” experts warn
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Local currency debt has proved more resilient to the global crisis than many had feared, with some viewing it as insurance against dollar weakness. But concerns linger that the market may be getting ahead of itself
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The global financial crisis snowballed from an imbalance of financial development over strength – which proved the undoing of the world’s traditional financial powerhouses
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The World Bank’s largest donor countries yesterday gave it six months to carry out reforms of the way it does business, ahead of a final decision on whether to agree to the first capital increase in 20 years.
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China is stepping up its investment in Africa, as western investors pull out. But western criticism of Chinese lending practices misses the point that many cash-strapped countries seeking infrastructure funding welcome China’s counter-cyclical backing
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Largely spared the brunt of the global crisis, Argentina’s economy continues to defy expectations. After all, the nation has had it worse – and not so long ago
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Countries that have fared relatively well over the past year’s crisis because of comparative isolation from the world economy should not make a virtue of the experience, the IMF Middle East and Central Asia chief has said.