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debt

South Africa to outline ‘decisive’ policy in 2018 after ratings cut

FILE PHOTO: A view shows the Standard & Poor’s building in New York’s financial district February 5, 2013. REUTERS/Brendan McDermid November 25, 2017 JOHANNESBURG (Reuters) – South Africa will use its annual budget next year to outline “decisive” policy to strengthen its fiscal framework, the finance ministry said on Saturday after S&P Global Ratings cut […]

ADB raises China’s 2017 growth forecast to 6.7 percent on consumption, exports boost

FILE PHOTO: A woman pauses as she shops at a wholesale market in Yiwu, Zhejiang province January 11, 2011. REUTERS/Carlos Barria/File Photo September 26, 2017 BEIJING (Reuters) – The Asian Development Bank raised its outlook for China’s economic growth this year on the back of strong domestic consumption, an export recovery and solid growth in […]