February 2014 Analysis

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Macroeconomic Forecasts - Georgia - FEB 2014

BMI View: Georgian consumer price inflation ticked up in November 2013 to 0.6% year-on-year, from 0.2% the previous month, marking the second consecutive reading of positive inflation. The central...

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Risk Summary - Jamaica - FEB 2014

The governments of Jamaica and Trinidad & Tobago have entered into an agreement to improve free trade and free movement between the countries. Trinidad & Tobago's foreign minister said...

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Macroeconomic Forecasts - Jamaica - FEB 2014

Owing in part to a weakening currency which has increased the price of imports, Jamaican consumer inflation has reached double digits for the first time since early 2011. We expect that price...

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Risk Summary - Albania - FEB 2014

On December 10, the Albanian government charged former defence minister Arben Imami with abuse of power, embezzlement of state funds and breaking tendering rules. Albania served as defence minister...

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Ratings Update - Ratings Update - Myanmar - FEB 2014

We continue to monitor the constitutional review process in Myanmar, which has been extended to the end of January, 2014. The results of the review will be critical in terms of maintaining the...

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Macroeconomic Forecasts - Uzbekistan - FEB 2014

We forecast Uzbek real GDP growth to slow to 7.5% in 2014, from an estimated 8.3% in 2013, as a result of stagnating export levels. An increasing number of Western countries are refusing to buy Uzbek cotton, a key source of exports, due to allegations surrounding the use of forced labour (see ‘Cotton Harvest Practices Under The Microscope’ 17 October 2013), which will impact negativ...

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Risk Summary - Uzbekistan - FEB 2014

The United Nations Committee Against Torture (CAT) condemned Uzbekistan’s authorities for “numerous, ongoing and consistent allegations" that torture is commonplace in Uzbek prison...

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