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This Week Around the World
From Rundt's World Business Intelligence, Updated Weekly
  February 4, 2010

TRENDS TO KEEP AN EYE ON
Macedonia - strengthening external accounts; Morocco - the economy has stood up well; Montenegro -concerns about the private external debt; Nicaragua - how to lose popular support and win elections; Peru - the country is well positioned to gain from the global upturn; Serbia - progress on the EU application..
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PARAGUAY
President Lugo has been providing weak and seemingly rudderless governance. the authorities have reacted well to the economic crisis, however, and conditions have begun to look up.
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Page 13
ARGENTINA
the latest events show that the regime is determined to turn the Central Bank into something akin to an appendix of the Executive.
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Page 3
SLOVAKIA
The government has not been hurt politically by the country's first-ever recession. But the trend against the cronyism and authoritarianism that marked Slovakia just before its EU entry appears to have halted and may even be going into reverse.
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Page 14
GREECE
European Union officials have their doubts about the government's will and/or ability to achieve the fiscal deficit reduction it says it is committed to. But there is not much doubt that they would have to agree to an EU bailout if push comes to shove.
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Page 5
THAILAND
Exchange regulations have been eased to promote capital outflows, in a manner that affects importers as well as exporters.
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Page 15
NEW ZEALAND
While the economy continuous to recover, the Reserve Bank is in no rush to hike interest rates. For now, the business upturn remains weaker than hoped-for, and the risk of a surge in inflation is minimal.
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Page 6
VENEZUELA
Clarifying the new exchange rules somewhat more, the regime has stated what will happen to FX or import contracts already concluded at the time of the devaluation. The treatment of divided remittances is still in questions.
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Page 16
NORWAY
Interest rates are likely to rise further, while the Finance Ministry worries about phasing out the fiscal stimulus to take pressure off the crown's exchange market performance.
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Page 8
EXCHANGE MARKET TRENDS
FX FORECASTS
STATISTICAL TABLES

Internat'l. interest rates, spot and Forward exchange rates, EURO, SDR, GOLD
PAKISTAN
President Asif Ali Zardari has been weakened and us under growing pressure to cede authority. there are signs that the economy is starting to stabilize, but it remains heavily dependent on financial aid from abroad.
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