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SOUTH AFRICA: Limited lockdown relaxation from 1 May

Teneo-Europe-Report

President Cyril Ramaphosa this evening, 23 April, announced that the government will implement a “risk-adjusted strategy” to easing the current lockdown restrictions beyond Thursday, 30 April, when the current five-week lockdown is due to end. This hardly amounts to a grand reope…   Become a member to read the rest of this article Username or E-mail Password […]

MEXICO: Discrepancy widens between monetary and fiscal stimulus

Teneo-Europe-Report

Developments this week highlight the divergence between the government led by President Andres Manuel Lopez Obrador (AMLO) and the Central Bank (Banxico). Without coordinated fiscal and monetary action, the worst-case scenarios for the economy are more likely to materialize; thes…   Become a member to read the rest of this article

SOUTH AFRICA: Go big or go home

Teneo-Europe-Report

● This evening, 21 April, President Cyril Ramaphosa announced a ZAR 500bn (USD 26bn) economic stimulus plan, a massive step up from the meager fiscal and tax interventions announced to date. ● While the details of the speech will be unpicked over the next few days, we outline ke…   Become a member to read […]

CHINA: Policymakers are unwilling to launch aggressive economic stimulus

CHINA: Policymakers are unwilling to launch aggressive economic stimulus | Speevr

● In contrast to the 2008 financial crisis, China’s stimulus response has been less forceful than in the US and Europe. ● Initial March data show that the return to normal economic activity has been slow, while secondary outbreaks may require selected regions to re-impose lock…   Become a member to read the rest of […]